Critica Limited · ASX:CRI
Critica — Investor Presentation (September 2025)
21 slides from Critica's investor presentation, Sep 4, 2025
Slide 1: Building Australian Magnet Rare-Earth Supply
For personal use only Building Australian Magnet Rare-Earth Supply Scale • Simplicity • Speed Jupiter REE Project is Australia’s largest clay-hosted MREO resource. Based in Western Australia, with promising beneficiation testwork results, advancing through metallurgical studies. Corporate Presentati
Slide 2: Disclaimer
Disclaimer This Presentation (Presentation) has been prepared by Critica Minerals Limited (CRI or the Basis of Preparation Company) and is authorised by the Board of CRI. The information contained in this Presentation CRI has not completed a Scoping or Feasibility Study. References to development pa
Slide 3: The Problem: A Critical Supply Bottleneck
The Problem: A Critical Supply Bottleneck Magnet REEs: Concentrated Supply, Rising Demand, Long Build Times Magnet REEs power technologies such as: Demand is Surging, Structural and Strategic September 2025 For personal use only REE demand forecast to rise ~6× by 2050, with magnet REEs growing ~5× b
Slide 4: Policy Tailwinds & OEM Pull
Policy Tailwinds Western Strategy Reset & OEM Pull US U.S. Defense Production Act US Critical Minerals Security Program US Inflation Reduction Act EU EU Critical Raw Materials Act EU EU European Raw Materials Alliance Grants, credits and offtake September 2025 For personal use only support exist in
Slide 5: The Solution: Critica's Jupiter Project
The Solution Critica’s Jupiter Project September 2025 For personal use only 01 Scale Australia’s largest and highest-grade clay-hosted resource. Magnet REEs (Nd, Pr, Dy, Tb) making up a significant proportion of the reported grade distribution1 ASX: CRI 02 Simplicity Jupiter & Brothers REE Project P
Slide 6: Jupiter: Scale
Jupiter: Scale A large-scale, high-grade clay-hosted resource with strong beneficiation potential 1.8Bt 640Mt September 2025 For personal use only Australian Clay Hosted REE Deposits Global Resource MREO Resource TREO 1700ppm MREO 487ppm TREO Grade (ppm) 3,000 ~95% WA Jupiter High-Grade: Critica Lim
Slide 7: Jupiter: Scale
Jupiter: Scale Quality, continuity & growth potential Mineralisation: Near surface, homogeneous across 40km2 – constant & predictable Clean basket: Low U&Th – potential ESG benfits September 2025 For personal use only Growth potential: Jupiter <3% of Critica’s Brothers Project – flexibility & grow A
Slide 8: Jupiter: Simplicity
Jupiter: Simplicity Why Clay-Hosted Matters 01 Low strip ratio, potentially simple mining September 2025 For personal use only Jupiter is located on pastoral leases with flat terrain and sparse vegetation. Engagement underway for heritage surveys and approvals. 02 Beneficiate upfront, low footprint
Slide 9: Jupiter: Simplicity
Jupiter: Simplicity Jupiter’s beneficiation unlocks simplicity The combination of 95% mass rejection and 800% upgrade — indicate potential for delivers enduring advantages advantages such as: September 2025 • A smaller leach circuit For personal use only • Reduced reagent, water and energy use • Low
Slide 10: Jupiter: Catalysts
Jupiter: Catalysts Derisking to Development - Near-term Value Catalysis 01 ANSTO Program 03 GAVAQ Beneficiation Advancing leach testwork to produce first Mixed Rare Earth Scaled beneficiation program to produce additional concentrate for MREC September 2025 For personal use only Carbonate (MREC) opt
Slide 11: Jupiter: Access
Jupiter: Access Tier-1 Western Australia Infrastructure Advantage Jupiter is located within trucking distance of services, power and September 2025 For personal use only port infrastructure Infrastructure rich ASX: CRI 1 Road > rail > port pathways; short haul to utilities Critica.limited Proven min
Slide 12: ESG Advantage
ESG 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 September 2025 For personal use only advanced with a focus on ESG characterist
Slide 13: Strategic & Offtake Process
Strategic & Offtake Process Partnering to align specs, offtake and capital September 2025 Magnet Manufacturers For personal use only 1 Direct users of separated rare earth oxides OEMs 2 EV, wind turbine, and defense manufacturers seeking secure supply chains ASX: CRI Processors 3 Separation faciliti
Slide 14: Funding Plan
Funding Plan Stage the dollars to de-risk 01 Fully funded – met program September 2025 For personal use only Funded for the current metallurgical program 02 Disciplined approach ASX: CRI Expenditure prioritised on activities that advance the project to key technical milestones Critica.limited 03 Non
Slide 15: Critica Limited
Critica Limited (ASX:CRI) Owner of Australia's Largest Clay REE Resource1 Company Snapshot Share Price Performance (12 months) September 2025 For personal use only ASX-listed Since 2006, critical minerals focused Ticker CRI.ASX Primary Project Jupiter REE (WA) Other Assets Mt Lindsay Tin-Tungsten (T
Slide 16: 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 17: Investment Highlights
Investment Highlights 01 Scale • Australia’s largest clay-hosted magnet REE resource (~640 Mt @ ~490 ppm MREO) September 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 Simpli
Slide 18: 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 19: Appendix A: Glossary
Appendix A: Glossary Key Terms and Definitions TREO/MREO September 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
Slide 20: 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 TREO (ppm) (Bt) (ppm) (ppm) (ppm) (ppm) (ppm) (ppm) (ppm) (ppm) (ppm) (ppm) (ppm) (ppm) (ppm) (ppm) (ppm) (ppm) (ppm) 1,000 1.78 1
Slide 21: 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