Critica (ASX:CRI) reports that its third ‘high-purity’ mixed rare earth oxide (MREO) from its Jupiter Rare Earths Project, located 250km east of Geraldton in Western Australia, has achieved approximately 97% total rare earth oxide (TREO).
The company describes this finding as a “significant step change” in product quality compared to previously reported MREO testing that produced 84% TREO and 86% TREO.
These results also show ”strong total rare earth recoveries” as well as improved recoveries for neodymium, praseodymium, dysprosium, terbium, and other magnet rare earths.
“Achieving 97% TREO in our third MREO marks a significant advancement in product quality, and a clear demonstration that Jupiter can deliver a high-purity rare earth product through our hydrometallurgical flowsheet,” CEO Jacob Deysel says.
“Importantly, the magnet rare earth recoveries delivered in this test work are at levels that support meaningful project economics, and these results will feed directly into the Scoping Study currently underway with Sedgman (ASX:SDM).”
The company now plans to continue optimisation work as it pursues its next development and commercial milestones.
Critica is a clay-hosted rare earth elements (REE) resource and magnet-REE inventory exploration company with assets predominantly in Western Australia and Tasmania.
Write to Richard Szabo at Mining.com.au
Images: Critica
