Investability's Principal, Dannika Warburton, hosted a live webinar with Critica Ltd (ASX: CRI) CEO Jacob Deysel on Thursday, 26 February 2026.

About Critica (ASX: CRI): Critica Limited is advancing the Jupiter Rare Earth Project in Western Australia — Australia’s largest clay-hosted, magnet-REE-dominant resource — via a clear mine-to-magnet pathway. Jupiter’s beneficiation-first flowsheet delivers ~95% mass rejection and a 6–10× grade upgrade before leach, supporting a smaller, lower-intensity development footprint. Recent milestones include production of a ~58% TREO Mixed Rare Earth Carbonate (MREC) and an 84% TREO Mixed Rare Earth Oxide (MREO), validating both beneficiation and downstream processing.

With low U/Th, strong Nd-Pr-Dy-Tb representation, and partnerships with ANSTO, Minutech-AMML and GAVAQ (pilot commissioning underway), Critica is advancing optimisation, product specification, offtake engagement and a Scoping Study targeted before mid-2026 — positioning Jupiter as a capital-efficient, Western-aligned magnet rare earth supplier.

In this webinar, Jacob outlined the structural magnet rare earth supply gap facing Western markets and how Jupiter is positioned to address it through scale, simplicity and speed. He covered the project’s clay-hosted geology, beneficiation-first flowsheet (~95% mass rejection and strong grade uplift), recent production of MREP and MREC, and the pathway to a Scoping Study and defined development timeline. 

Chapters: 

00:00 - Welcome & Introduction

00:21 - Presentation by Jacob Deysel, CEO

00:27 - The West Has a Magnet REE Supply Problem

01:00 - Why Rare Earths Matter 02:50 - Clay-Hosted REE Advantages

03:33 - What Makes Jupiter Different

04:14 - Critica's Execution Momentum

05:03 - Integrated Flowsheet with By-Product Leverage

09:05 - Scoping Study: Engineering the Base Case

09:49 - Critica: A Rare Earth Project Built on Scale, SImplicity and Speed

11:08 - Investor Q&A Commences

11:14 - Metallurgy & Processing Q&A: Is the reported acid consumption in the MREC process a concern?

13:04 - Metallurgy & Processing Q&A: Why was overall MREC recovery approximately 80% and not higher?

13:55 - Metallurgy & Processing Q&A: Is a 58% TREO Mixed Rare Earth Carbonate (MREC) product considered commercial grade?

14:44 - Metallurgy & Processing Q&A: Difference in value between the previously reported 86% TREO MREO and the recent 58% TREO MREC

17:46 - Development Timeline Q&A: Why does the Company reference a FID in 2029?

19:08 - Development Timeline Q&A: Where does Jupiter currently sit on the Lassonde Curve? 19:50 - Mt Lindsay Q&A: What is the Company’s current strategy regarding the Mt Lindsay tin–tungsten project?

21:45 - Capital Q&A: Are further capital raises expected? 

23:17 - Share Price Q&A: Why is the current share price not reflecting the perceived potential of Jupiter?

24:58 - Infrastructure Q&A: What is the plan for water supply to support the beneficiation plant?

25:35 - Media & Marketing: Why has there been limited broader media exposure regarding Jupiter?

27:20 - Flowsheet: Valuable by-products 28:26 - Final comments to shareholders

Reach out to Critica's IR team at investors@investability.com.au

About Investability: Investability is an investor relations consultancy with a successful track record of connecting growth-focused companies with quality investors. Specialising in the representation of ASX companies, we combine deep technical expertise in capital markets with practical insights from our institutional buy-side and sell-side experience.

Learn more at www.investability.com.au.

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