Critica Produces Initial Mixed Rare Earth Carbonate From Western Australia Rare Earth Project; Shares Climb 4%
MT Newswires Live
Yesterday
Critica (ASX:CRI) said the Australian Nuclear Science and Technology Organization (ANSTO) produced an initial commercial-quality mixed rare earth carbonate at a 58% grade from the Jupiter rare earth project in Western Australia using the company's processing technology, according to a Monday Australian bourse filing.
ANSTO said that, in a commercial operating circuit, overall recovery through to mixed rare earth carbonate is expected to increase to around 89% grade of total rare earth oxides in practice due to the recovery of rare earths from an impurity removal stage.
Critica's shares climbed nearly 4% in recent trading on Monday.
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