Critica Limited · ASX:CRI
Critica — Ignite Investment Summit - Hong Kong (October 2025)
19 slides from Critica's conference presentation, Oct 16, 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 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 REE demand forecast to rise ~6× by 2050, with magnet REEs growing ~
Slide 4: The Solution: Critica's Jupiter Project
The Solution Critica’s Jupiter Project For personal use only October 2025 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 Pre
Slide 5: Jupiter: Scale
Jupiter: Scale A large-scale, high-grade clay-hosted resource with strong beneficiation potential 1.8Bt 640Mt For personal use only Global Resource MREO Resource October 2025 Australian Clay Hosted REE Deposits TREO 1700ppm MREO 487ppm TREO Grade (ppm) 3,000 ~95% WA Jupiter High-Grade: Critica Limit
Slide 6: Jupiter: Scale - Quality, Continuity & Growth Potential
Jupiter: Scale Quality, Continuity & Growth Potential Mineralisation: Near surface, homogeneous across 40km2 – constant & predictable Clean basket: Low U&Th – potential ESG benefits For personal use only Growth potential: Jupiter <3% of Critica’s Brothers Project – October 2025 flexibility & grow AS
Slide 7: Jupiter: Simplicity - Why Clay-Hosted Matters
Jupiter: Simplicity Why Clay-Hosted Matters 01 Low strip ratio, potentially simple mining For personal use only October 2025 Jupiter is located on pastoral leases with flat terrain and sparse vegetation. Engagement underway for heritage surveys and approvals 02 Beneficiate upfront, low footprint ASX
Slide 8: Jupiter's Beneficiation Unlocks Simplicity
Jupiter: Simplicity Jupiter’s Beneficiation Unlocks Simplicity The combination of ~95% mass rejection and 6–10× upgrade — validated on a 400 kg bulk sample across multiple Jupiter ore types — demonstrates a simple, scalable beneficiation pathway with enduring advantages such as: • A smaller leach ci
Slide 9: Jupiter: Tier-1 Western Australia
Jupiter: Tier-1 Western Australia Infrastructure Advantage For personal use only October 2025 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 juris
Slide 10: Jupiter: Speed - Near-Term Value Catalysts
Jupiter: Speed From Validation to Value - Near-Term Value Catalysts Structured Pathway to Development For personal use only October 2025 ASX: CRI 01 02 03 04 05 Geological GAVAQ MREP* Pilot Design Scoping Study – Definition – Beneficiation – Hydrometallurgy – Integration – Integration Critica.limite
Slide 11: 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) For personal use only ASX-listed Since 2006, critical minerals focused October 2025 Ticker CRI.ASX Primary Project Jupiter REE (WA) Other Assets Mt Lindsay Tin-Tungsten (Tas
Slide 12: 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 13: Investment Highlights
Investment Highlights 01 Scale • Australia’s largest clay-hosted magnet REE resource (~640 Mt @ ~490 ppm MREO) For personal use only • ~680,000 t contained MREO (including Nd, Pr, Dy, Tb) October 2025 • District-scale growth — Jupiter is one of six discoveries across Brothers (1,353 km²) 02 Simplici
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: Strategic Optionality: Mt Lindsay Tin Tungsten Project
Critica Limited (ASX:CRI) Strategic Optionality For personal use only October 2025 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 Tung
Slide 16: 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 For personal use only advanced with a focus on ESG characteristic for handling
Slide 17: Appendix A: Glossary
Appendix A: Glossary Key Terms and Definitions TREO/MREO For personal use only 1 Total Rare Earth Oxides / Magnet Rare Earth Oxides - MREO refers specifically to October 2025 those rare earth elements used in permanent magnets (primarily Nd, Pr, Dy, Tb) NdPr 2 Neodymium and Praseodymium - The two mo
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 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 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
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