Critica Limited · ASX:CRI
Critica — Shareholder Meeting (November 2025)
19 slides from Critica's shareholder meeting presentation, Nov 19, 2025
Slide 1: Building Australian Magnet Rare-Earth Supply
For personal use only Building Australian Magnet Rare-Earth Supply Scale • Simplicity • Speed Advancing Australia’s Largest Clay-Hosted Magnet Rare Earth Resource Delivering first MREO and validating recovery of additional critical elements — positioning Australia’s largest integrated clay hosted ra
Slide 2: Disclaimer
Disclaimer This Presentation (Presentation) has been prepared by Critica Limited (CRI or the Company) and Basis of Preparation is authorised by the Board of CRI. The information contained in this Presentation is a professional CRI has not completed a Scoping or Feasibility Study. References to devel
Slide 3: The Problem: A Critical Supply Bottleneck
The Problem: A Critical Supply Bottleneck Demand and Supply Policy & Funding Tailwinds Demand is Surging, Structural and Strategic U.S, EU, Japan, and Korea prioritising magnet REE supply with direct funding and stockpiling programs • Electrification, AI, defence and energy transition driving long-t
Slide 4: The Solution: Critica's Jupiter Project
The Solution Critica’s Jupiter Project November 2025 For personal use only 01 Scale • Australia’s largest and highest-grade clay-hosted resource1 • Magnet REEs (Nd, Pr, Dy, Tb) significant proportion of the reported grade distribution1 • Provides long-life, globally significant supply potential ASX:
Slide 5: Jupiter: Scale
Jupiter: Scale 1.8Bt 640Mt A large-scale, high-grade clay-hosted resource - now Global Resource MREO Resource validated through beneficiation and first product testwork TREO 1700ppm MREO 487ppm 39ppm Ga U&Th November 2025 For personal use only 70kt Exceptionally Australian Clay Hosted REE Deposits T
Slide 6: Jupiter: Scale - Quality, Continuity & Growth Potential
Jupiter: Scale Mineralisation: Near surface, homogeneous across 40km2 – Quality, Continuity & Growth Potential constant & predictable Clean basket: Low U&Th – potential Sustainability benefits November 2025 For personal use only Growth potential: Jupiter <3% of Critica’s Brothers Project – flexibili
Slide 7: Jupiter: Simplicity
Jupiter: Simplicity Why clay-hosted matters – the key differentiator November 2025 For personal use only 01 Low strip ratio, potentially simple mining • Located on pastoral leases with flat terrain and sparse vegetation — supporting low-cost mining and streamlined approvals • Native title has been e
Slide 8: Jupiter: Tier-1 Western Australia
Jupiter: Tier-1 Western Australia Infrastructure Advantage November 2025 For personal use only Jupiter is located within trucking distance of services, power and port infrastructure Infrastructure rich ASX: CRI 1 Road > rail > port pathways; short haul to utilities Critica.limited Proven mining juri
Slide 9: Jupiter: Simplicity & Speed - Disciplined Scale-Up
Jupiter: Simplicity & Speed Disciplined Scale-Up to De-Risk the Flowsheet Next steps Jan 2025 – Laboratory Scale (50 kg): Proof-of-concept Pilot Operations (Q4 2025 – H1 2026) - Run 3 t closed-circuit confirmed Jupiter’s amenability to physical upgrading pilot to generate operating data and product
Slide 10: Validated Beneficiation-to-MREP and By-product Pathway
Jupiter: Simplicity & Speed Validated Beneficiation-to-MREP and By-product Pathway The combination of ~95 % mass rejection and 6–10× upgrade, validated on a 400 kg bulk sample, demonstrates a simple, scalable beneficiation pathway now extended through to first MREP production (84 % TREO, 78 % recove
Slide 11: Leadership Team
Leadership Team Proven Track Record in Critical Minerals Project Delivery Jacob Deysel BSc Mining, MBA CEO – Mining engineer with 25+ years in global critical mineral leadership—from Rio Tinto to Rare Earths Critica is not just a resource story — and UEC—expert at scaling projects into production. d
Slide 12: Critica Limited: Owner of Australia's Largest Clay REE Resource
Critica Limited (ASX:CRI) Owner of Australia's Largest Clay REE Resource1 Company Snapshot Share Price Performance (12 months) November 2025 For personal use only ASX-listed Since 2006, critical minerals focused Ticker CRI.ASX Primary Project Jupiter Rare Earths Project (WA) Other Assets Mt Lindsay
Slide 13: Investment Highlights
Investment Highlights 01 Scale • Australia’s largest clay-hosted magnet REE resource (~640 Mt @ ~490 ppm MREO) November 2025 For personal use only • ~680,000 t contained MREO (including Nd, Pr, Dy, Tb) • District-scale growth — Jupiter is one of six discoveries across Brothers (1,353 km²) 02 Simplic
Slide 14: Contact
For personal use only Contact ASX: CRI Address: Level 2, 16 Altona Street, West Perth WA 6005 Phone: +61 8 6279 9428 Follow Us Investor Relations Email: info@critica.limited linkedin.com/company/criticaltd Dannika Warburton Investability Website: critica.limited @Critica_CRI investors@investability.
Slide 15: Sustainability Advantage
Sustainability Advantage Built-In, Not Bolted-On Clean Geology Preliminary testwork indicates exceptionally low uranium and thorium Critica’s Jupiter project is being content, significantly below regulatory thresholds — a favourable November 2025 For personal use only advanced with a focus on charac
Slide 16: Strategic Optionality: Mt Lindsay Tin Tungsten Project
Critica Limited (ASX:CRI) Strategic Optionality November 2025 For personal use only Mt Lindsay Tin Tungsten Project1 • Mt Lindsay is one of the largest undeveloped tin-tungsten deposits globally • Bankable Feasibility Study completed ASX: CRI • Contained metal: • 81,000t of Tin & • 3,200,000 mtu Tun
Slide 17: Appendix A: Glossary
Appendix A: Glossary Key Terms and Definitions TREO/MREO November 2025 For personal use only 1 Total Rare Earth Oxides / Magnet Rare Earth Oxides - MREO refers specifically to those rare earth elements used in permanent magnets (primarily Nd, Pr, Dy, Tb) NdPr 2 Neodymium and Praseodymium - The two m
Slide 18: Appendix B: Jupiter Inferred Mineral Resource Estimate
Appendix B: Jupiter Inferred Mineral Resource Estimate Cut-off Tonnage TREO MREO La2O3 CeO2 Pr6O11 Nd2O3 Sm2O3 Eu2O3 Gd2O3 Tb4O7 Dy2O3 Ho2O3 Er2O3 Tm2O3 Yb2O3 Lu2O3 Y2O3 Ga2O3 TREO (ppm) (Bt) (ppm) (ppm) (ppm) (ppm) (ppm) (ppm) (ppm) (ppm) (ppm) (ppm) (ppm) (ppm) (ppm) (ppm) (ppm) (ppm) (ppm) (ppm)
Slide 19: Appendix C: Source Data for Peer Comparisons
Appendix C: Source Data for Peer Comparisons Project Company Resource Mt TREO (ppm) Stage Source Measured 37 2,983 Indicated 629 2,668 ASX Announcement. Maiden Barra do Pacu Resource adds strategic high-grade rare Caldeira Meteoric Resources PFS Inferred 832 2,097 earths.15 April 2025. 02936637.pdf