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Critica Limited ASX:CRI

Investor Webinar: Mt Lindsay Scoping Study - From Explorer to Developer

Critica Limited (ASX: CRI) Investor Webinar | 30 September 2026

Critica CEO Jacob Deysel joins Investability's Dannika Warburton to walk through the outcomes of the Mt Lindsay Tin-Tungsten Project Scoping Study, released to the ASX on 29 September 2026. Jacob describes the study as a key step in his vision to transform Critica "from an explorer into a developer of critical metals."

The Scoping Study evaluates a 1.0 Mtpa underground mining and processing operation at the 100%-owned project in north-west Tasmania. Base Case outcomes include an after-tax NPV₈ of approximately A$1.01 billion, an after-tax IRR of approximately 56% and a payback period of approximately 1.9 years. These are set against estimated pre-production capital of A$244.5 million, an after-tax NPV-to-capex ratio of 4.1x. The project sits on a granted Mining Lease, and tungsten makes up approximately 75% of modelled life-of-mine revenue. Global tungsten supply is highly concentrated, with China controlling approximately 79% of mining capacity.

In the Q&A that follows the presentation, Jacob answers investor questions on:

  • Tungsten and tin price assumptions

  • Offtake discussions

  • How Critica plans to fund development

  • Processing plant location and tailings

  • Approvals and stakeholder engagement

  • The Livingston and Reward deposits

  • Potential by-product upside, including copper and boron

  • Engagement with institutional investors

  • An update on the upcoming Jupiter Rare Earth Project Scoping Study

The Scoping Study is preliminary in nature. Please refer to the cautionary statement in the ASX announcement.

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