TechKnow Investor Conference Presentation
Released
Released
Announcement PDF
ASX ANNOUNCEMENT
27 JULY 2026
Critical Resources Limited – www.criticalresources.com.au
Level 45, 108 St George's Tce, Perth WA 6000
P: +61 (8) 9465 1024 E. info@criticalresources.com.au
ASX:CRR
2026 Presentation – TechKnow Invest Roadshow
Conference
Critical Resources Limited (‘Critical Resources’ or the ‘Company’, ASX:CRR) attaches the presentation to be
delivered by the Company’s Managing Director, Tim Wither, at the TechKnow Invest Roadshow in Melbourne
on Monday, 27 July 2026 and in Sydney on Wednesday, 29 July 2026.
The TechKnow Invest Roadshow is an in-person investment conference for ASX-listed technology,
biotechnology, medical technology and resources technology companies, attended by institutional
investors, brokers and private investors.
CONFERENCE DETAILS
Melbourne: Monday, 27 July 2026 – Sofitel Melbourne on Collins
Sydney: Wednesday, 29 July 2026 – Swissôtel Sydney
This announcement has been approved for release by the Board of Directors of Critical Resources.
To receive alerts for ASX announcements and updates, sign up at www.criticalresources.com.au or for
further information please contact us directly at:
E: info@criticalresources.com.au
P: +61 (8) 9465 1024
ABOUT CRITICAL RESOURCES LIMITED
Critical Resources Limited (ASX:CRR) is an Australian mining and technology company focused on the
discovery and development of critical metals and next generation technologies essential to a sustainable
future. The Company holds a diversified portfolio including the Mavis Lake Lithium Project in Ontario, Canada,
the Halls Peak Base Metals Project in New South Wales, and a growing gold portfolio in New Zealand.
Critical Resources’ Interactive Investor Hub
Engage with Critical Resources directly by asking questions, watching video summaries and
seeing what other shareholders have to say about this, as well as past announcements.
For more information visit: www.criticalresources.com.au
July 2026
ASX:CRR
1
Techknow Conference Presentation
Lithium | Gold | Tungsten | Battery and Thermal Technologies
Summary Information This document contains a summary of information about Critical Resources Limited
(“Critical Resources” or “the Company”) and its activities that is current as at the date of this document unless
otherwise stated. The information in this document is general in nature and does not contain all the information
which a prospective investor may require in evaluating a possible investment in Critical Resources or that would
be required in a prospectus or a product disclosure statement prepared in accordance with the Corporations
Act 2001 or the securities laws of any other jurisdiction. The information in this document should be read in
conjunction with the Company’s other periodic and continuous disclosure announcements lodged with the ASX.
No Liability. The information contained in this document has been prepared in good faith by the Company
however no guarantee, representation or warranty expressed or implied is or will be made by any person
(including the Company and its affiliates and their directors, officers, employees, associates, advisers and
agents) as to the accuracy, reliability, correctness, completeness or adequacy of any statements, estimates,
options, conclusions or other information contained in this document. No person other than the Company is
responsible for the preparation of this document. To the maximum extent permitted by law, the Company and its
affiliates and their directors, officers, employees, associates, advisers and agents each expressly disclaims any
and all liability, including, without limitation, any liability arising out of fault or negligence, for any loss arising from
the use of or reliance on information contained in this document including representations or warranties or in
relation to the accuracy or completeness of the information, statements, opinions, forecasts, reports or other
matters, express or implied, contained in, arising out of or derived from, or for omissions from, this document
including, without limitation, any financial information, any estimates, forecasts, or projections and any other
financial information derived therefrom. Statements in this document are made only as of the date of this
document unless otherwise stated and the information in this document remains subject to change without
notice. No responsibility or liability is assumed by the Company or any of its affiliates (or their directors, officers,
employees, associates, advisers and agents) for updating any information in this document or to inform any
recipient of any new or more accurate information or any errors or misdescriptions of which the Company and
any of its affiliates or advisers may become aware.
Forward-Looking Statements. Statements contained in this document, including but not limited to those
regarding the possible or assumed future costs, projected timeframes, performance, dividends, returns, revenue,
exchange rates, potential growth of Critical Resources, industry growth, commodity or price forecasts, or other
projections and any estimated company earnings are or may be forward-looking statements. Forward-looking
statements can generally be identified by the use of words such as ‘project’, ‘foresee’, ‘plan’, ‘expect’, ‘aim’,
‘anticipate’, ‘believe’, ‘estimate’, ‘may’, ‘should’, or similar expressions. Forward-looking statements, including all
statements in this presentation regarding the outcomes of preliminary and definitive feasibility studies,
projections, guidance on future earnings and estimates, are provided as a general guide only and should not be
relied upon as an indication or guarantee of future performance. These statements relate to future events and
expectations and, as such, involve known and unknown risks and significant uncertainties, many of which are
outside the control of the Company. Actual results, performance, actions and developments of the Company
may differ materially from those expressed or implied by the forward-looking statements in this document. Such
forward-looking statements speak only as of the date of this document. There can be no assurance that actual
outcomes will not differ materially from these statements. To the maximum extent permitted by law, the
Company and any of its affiliates and their directors, officers, employees, agents, associates and advisers
disclaim any obligations or undertaking to release any updates or revisions to the information in this document to
reflect any change in expectations or assumptions do not make any representation or warranty, express or
implied, as to the accuracy, reliability or completeness of the information in this document, or likelihood of
fulfilment of any forward-looking statement or any event or results expressed or implied in any forward-looking
statement and disclaim all responsibility and liability for these forward-looking statements (without limitation,
liability for negligence). Nothing in this document will under any circumstances create an implication that there
has been no change in the affairs of the Company since the date of this document.
Not Financial Product Advice. This document does not constitute financial product advice or take into account
your investment objectives, taxation situation, financial situation or needs. This document consists purely of
factual information and does not involve or imply a recommendation of a statement of opinion in respect of
whether to buy, sell or hold a financial product. An investment in the Company is considered to be speculative in
nature and is subject to known and unknown risks, some of which are beyond the control of the Company.
Before making any investment decision in connection with any acquisition of securities, investors should consult
their own legal, tax and/or financial advisers in relation to the information in, and action taken on the basis of this
document.
Financial data. All amounts are in Australian Dollars (AUD) unless otherwise indicated. A number of figures,
amounts, percentages, estimates, calculations of values and fractions in this presentation are subject to the
effect of rounding. Accordingly, the actual calculation of these figures may differ from the figures set out in this
presentation.
JORC Code. It is a requirement of the ASX Listing Rules that the reporting of exploration results, ore reserves and
mineral resources in Australia comply with the Joint Ore Reserves Committee’s Australasian Code for Reporting of
Mineral Resources and Ore Reserves ("JORC Code"). Investors outside Australia should note that while reporting in
this document complies with the JORC Code, they may not comply with the relevant guidelines in other
countries. Information contained in this document describing mineral deposits may not be comparable to similar
information made public by companies subject to the reporting and disclosure requirements of Canadian or US
securities laws.
Acceptance By attending a presentation or briefing, or accepting, accessing or reviewing this document, you
acknowledge, accept and agree to the matters set out above.
Authorisation. This document has been authorised for release by the Company’s Board of Directors.
Refer to the Company’s ASX Announcements for JORC Table 1 and Table 2 for results and information contained
in this presentation.
Important Notices and Disclaimer
ASX:CRR
2
Overview of Critical Resources
Development of critical minerals and next generation technologies essential for a sustainable future.
Capital Structure
ASX:CRR
$22.36M
Market Cap (A$)
$0.007
Share Price – 24 July 2026
~49%
Top 20 Holders
3
- Multi-commodity exposure - across Tier-1 geology and jurisdictions:
Australia, Canada and New Zealand.
- North American lithium resource – Mavis Lake, Ontario Canada.
- High-impact gold / tungsten portfolio in the Otago and Reefton
regions, New Zealand.
- Solid-state lithium-ion battery and thermal management technologies
– enhancing optionality across partnerships and commercial
pathways.
- Aligned, experienced leadership with ~11.7 % ownership.
ASX:CRR
The New Zealand Opportunity
Diverse gold-tungsten-antimony portfolio in Tier-1 juristiction
- Outstanding exploration potential across a large-scale gold-
tungsten-antimony portfolio Otago and Reefton regions.
- Significant scale opportunity: OceanaGold’s +10 Moz Macraes
operation1. ‘Power of distribution law’ potential with multiple +1 Moz
deposits yet to be discovered within the Otago region.
- Breakthrough discovery at Santana Minerals (ASX:SMI) Rise & Shine
gold deposit has renewed the exploration strategy and materially
upgraded regional targeting models.
- In-Country Support - New Zealand-based geological group, with links
to the discovery and resource growth of the Rise and Shine deposit.
- Extensive landholding: ~1,700 km² package covers the
underexplored gold belts of Otago and Reefton. Low-holding costs.
- Tier-1 jurisdiction: Ranked 12th in the 2025 Fraser Institute Investment
Attractiveness Index, with New Zealand’s ‘Fast Track’ permitting
processes.
ASX:CRR
4
1. Based on OceanaGold Corporation - NI 43-101 Technical Report, Macraes Gold Mine, Otago, New Zealand - March 28, 2024
Cap Burn
Otago Region
- Advanced gold project ~11 km from OceanaGold’s Macraes operation.
- First-pass RC drilling completed. Confirmed orogenic gold system.
- Structurally analogous to Santana Minerals Rise and Shine - untested at depth.
Croesus
Reefton Goldfields
- Two systems - High-grade gold up to 28.9 g/t Au and tungsten-rich greisen systems up
to 42.6% WO3.
- Multiple untested gold/antimony structural targets across a 5 km mineralised corridor.
Lammerlaw
Otago Region
- Located on major structural (TZ3/TZ4) boundary. Three priority targets.
- Analogous to Macraes gold system with mapped gold and tungsten trends.
Tokomairiro
Otago Region
- Historical goldfield - high-grade rock chip samples up to 135 g/t Au.
- Multiple reef systems along a broader mineralised trend.
Silver Peaks
Otago Region
- Large-scale prospect near Macraes, historic Au-Sb structures.
- Underexplored with district-scale potential.
ASX:CRR
New Zealand Projects
Diverse gold-antimony portfolio to create momentum
5
Silver Peaks
Lammerlaw
Tokomairiro
Cap Burn
Croesus
- Located on a major NW–SE shear corridor,
~11km from OceanaGold’s Macraes +10 Moz
Au operations.
- Multiple historic alluvial gold workings along
strike, highlight prospectivity of the area.
- Structural model leverages Santana Minerals’
Rise and Shine discovery in 20211.
- Underexplored - Legacy drilling targeted a
large arsenic-in-soil anomaly in TZ4 schist unit.
- Multiple drill targets ~10km of strike potential.
- First-pass RC drill program defines orogenic gold
system within the TZ4 schist beneath the Cap
Burn Fault. 2
- Follow-up drill planned for Q3 2026.
ASX:CRR
6
1. ASX:CRR announcement 6 August 2025
2. ASX:CRR announcement 25 March 2026
Cap Burn Gold Project - NZ
First-pass RC drill program defines orogenic gold system
Breakthrough factors.
Santana Minerals’ Rise and Shine discovery came from a
renewed structural model, stepping down plunge from
surface arsenic-in-soil anomalies and Broad disseminated
gold within TZ4 mineralisation.
Persistence Pays.
Rise and Shine was discovered (MDD007) in the third
exploration phase1. Committed to drilling through barren
cover (TZ3 unit).
Untapped Potential.
Macraes +10 Moz endowment suggests multiple +1 Moz
deposits; only Rise and Shine has been discovered. ‘Power of
distribution law’.
ASX:CRR
Cap Burn – Rise & Shine Analogue - NZ
New structural model leverages Santana Minerals’ Rise and Shine discovery
7
1. Santana Minerals Limited (ASX: SMI) Announcement 28 April 2021
Why it Matters. Cap Burn presents the same pre-discovery
signature within the same belt at a comparable structural
position to Rise & Shine. The down-plunge target is primary
follow-up drill target + soil geochemistry survey.
- Early exploration with priority gold and
tungsten targets.
- Modern mining resurgence with Endura
Mining - Snowy River operations, Rua Gold
(TSX-V: RUA) and Siren Gold (ASX:SNG).
- Proven potential with several historic gold
and antimony mines within the permit area:
- Croesus Reef / Taffy
- Minerva / Garden Gully
- Standout high-grade confirmed with rock
chip samples up to 28.9 g/t Au, boulder
sample 42.6% WO3 and 0.4m channel sample
up to 16.6 % WO3.
1
- Long history of mining with established
infrastructure and strong community support.
- Follow-up fieldwork expected in late 2026.
Croesus – Reefton Region - NZ
Multi-commodity - High Impact Exploration Target
8
1 ASX:CRR announcement 8 April 2026, 23 June 2026
- Large landholding in the New England Fold Belt, Armidale -NSW.
- Three advanced prospects - Amoco (Au-Sb), Mayview (Au-Sb) and
Gibsons (Zn-Pb-Cu-Ag).
- Strategic position – Mayview adjacent to Hillgrove Operations -
Larvotto Resources (ASXLRV). Amoco ~14 km E of Koonenberry Gold's
(ASX:KNB) Enmore Project, on the same regional structural trends.
- Established base metal resource at Gibsons - 0.84 Mt @ 3.7% Zn, 1.5%
Pb, 0.44% Cu, 30 g/t Ag, 0.1 g/t Au (Inferred, 2% Zn cut-off)1.
- Exceptional high-grade silver at Gibson project - up to nine silver-
bearing lodes including 1.15 m @ 3,780 g/t Ag (DDHA6) and 1.6 m @
1,900 g/t Ag (PMR027)2.
- Amoco - confirmed orogenic gold-antimony system with high-grade
surface samples - 17.9 g/t Au, 0.7 % Sb and 53.2 g/t Ag.3
- Land-access progressing at Mayview soil-geochemistry survey
planned over mapped historical workings with high grade antimony
up to 52.3% Sb.4
1. ASX:CRR announcements 30 June 2023 (Halls Peak MRE),
2. ASX:CRR announcement 9 February 2026 (Halls Peak update),
3. ASX:CRR announcement 18 September 2025 (Amoco maiden drilling),
4. ASX:CRR announcement 16 December 2024 (Mayview rock chip results)
ASX:CRR
Halls Peak Project - NSW
Multi-commodity precious and critical minerals pipeline
9
1. ASX:CRR announcement - Maiden Mineral Resource at Mavis Lake - 5 May 2023
2. ASX:CRR announcement - Mavis Lake Exploration Target Highlights Potential for Large-Scale Lithium Project in North-West Ontario - 22 May 2024
3. ASX:CRR announcement - Excellent Results from Metallurgical Test Work - 3 April 2023 10
Mavis Lake Lithium - Ontario Canada
Strategically located to support the North American lithium supply chain.
- Maiden MRE - 8Mt @ 1.07 % Li2O1 covering Mavis Lake Main Zone.
- +57,000m drilling completed. Updated resource model being developed.
- Exploration Target of 26 - 37 million tonnes at 0.8 - 1.17% Li2O2. Northern
Prospects potentially unlock resource growth and development optionality
beyond the Mavis Lake Main Zone.
- Standout intercepts - 74.4m @ 1.18 % Li₂O, incl. 32.9m @ 1.81 % Li₂O (MF23-207)
outside current MRE.
- Metallurgical recoveries up to 87%3, with significant potential to improve
process flowsheet.
- Infrastructure Advantage - immediate access to highway, rail, clean hydro-
power, international port providing a low-cost development pathway.
- Permitting & Regulatory Acceleration: Engagement of SLR Consulting and
Pathway Group to execute an integrated permitting and government
advocacy strategy.
ASX:CRR
Mavis Lake – Main Zone – looking northeast.
The future runs hot.
From critical mineral resources to breakthrough
battery chemistry and advanced thermal
management — engineered for the AI era.
ENERGY DENSITY · CELL COMPUTE DENSITY · RACK
ASX:CRR
where conventional
technologies can't
~20×
solid-state battery market growth to 2034 · >35% CAGR1
~945 TWh
global data-centre power demand — ~2× by 20303
~5 TWh
global battery demand by 2030 — ~5× 20242
NVIDIA RACK POWER kW IS RISING AN ORDER OF MAGNITUDE4
40 kW
AI server rack
130 kW
AI Blackwell
200 kW
Rubin
(2027)
1,000 kW
Feynman
(2029)
1 MW — one future rack
≈ a whole data centre
built in 2018.
≈ draws as much power
as around 1,500 average
Australian homes.5
1. Solid-state market growth: GM Insights, Solid State Battery Market, 2025, 2.Battery demand: McKinsey, Battery 2030: Resilient, sustainable and circular, 2023. 3. Data-centre power: IEA, Energy and
AI, April 2025. 4. NVIDIA Technical Blog, "NVIDIA Vera Rubin POD: Seven Chips, Five Rack-Scale Systems, One AI Supercomputer“. 5. Household equivalent based on 1 MW continuous load and AER
average household consumption (~5,600 kWh/yr).
Today
ASX:CRR
600 kW
Rubin Ultra
(2028)
~30% of data-centre energy costs is spent
on cooling.2
25.5 ML
of water evaporated a year by a
1 MW site for cooling.3
1. McKinsey & Company, "The cost of compute: A $7 trillion race to scale data centers," McKinsey Quarterly, 28 April 2025. 2. IEA,
Energy and AI, April 2025 - (Zhang et al. 2021; Ebrahimi et al. 2014).3. Mytton, D. (2021). "Data centre water consumption." npj Clean
Water 4, 11. DOI: 10.1038/s41545-021-00101-w
ASX:CRR
The bottleneck is not the model.
Data-center infrastructure spend is expected to reach US$7 trillion by 2030.1
Every watt that goes into a data centre comes back out as heat, nothing else leaves — except light down a fibre.
The physics sets the ceiling.
Every kW used is converted to heat that needs to be removed for the chips to operate.
Heat removed per unit area, by cooling method1
1. W/cm² at ΔT = 30°C, derived from published heat-transfer coefficients; bars order-
of-magnitude scaled. Refer ASX:CRR 20 July 2026
~1,000×
more heat removed than natural
convection.
more heat removed than the single-
phase direct-to-chip cooling used in
next-generation racks.
Air — natural 0.09W
Air — forced 1.2W
Single-phase liquid
Direct–to-chip 4.8W
Immersion 30W
Two-phase spray
Liquid to vapour 90W
ASX:CRR
Critical Resources has secured a 10-year exclusive global Licence for two-phase spray technologies
~20×
Two-phase
Faster, more efficient cooling for the next generation of computer chips.
SCHEMATIC · CHILLER-FREE TWO-PHASE LOOP
US Patent 11,399,449 B2 (2022). Peer-reviewed: Applied Energy 305 (2022); Energy 269 (2023). Refer ASX:CRR 30 April 2026.
Condenser in-take / out-take fluid temperatures vary due to system pressures.
CPU / GPU
CPU / GPU
CPU / GPU
CPU / GPU
Boils to vapour
Vapour carries the heat away
CONDENSER
Liquid pumped back to sprays
> 62 °C
< 45 °C
Server
rack
Server
rack
Server
rack
Server
rack
ASX:CRR
25.8%
Reduction in total
data-centre energy.
No chiller.
Nil
Water evaporated.
Fully closed loop.
55 °C
Uniform junction
temperature across
chip. Allows chips to
run at full speed.
Validated lab metrics, peer-reviewed at lab scale.
Target spray
GPU/CPU Chip
Low boiling point of
dielectric fluid.
Fluid forms a thin
film that boils
turning to vapour
on contact.
3× more effective
than immersion.
Vapour
Vapour
Chip power is concentrating into
smaller areas, beyond the limits of
direct-to-chip and immersion.
Two-phase is the answer to this
flux challenge.
ASX:CRR
The advantage isn't only thermal.
Developed and lab proven in Singapore's tropics — designed for hot, humid, high-ambient sites.
Cooling-energy and compute-capacity figures derived from Table 1, Applied Energy 305 (2022); compute capacity assumes a fixed site power envelope. Power Usage Effectiveness (PUE) 1.25 vs 1.69 reported in Energy 269
(2023). Heat flux derived from published heat-transfer coefficients at ΔT = 30 °C — a capability of the mechanism, not a rack-scale CRR result. Direct-to-chip and rack-power figures are industry references.
25.8% less total site energy measured at lab scale.
Power Usage Effectiveness (PUE) 1.25 vs 1.69 measured against tropical air cooling.
~35% MORE COMPUTE PER GRID CONNECTION.
NO CHILLERS REQUIRED ~30 °C coolant rejected straight to a dry cooling tower.
HIGHEST HEAT FLUX ~90 W/cm² at the chip — around 20× single-phase direct-to-chip.
NO AIR HANDLING Two-phase system removes all rack heat — direct-to-chip leaves 10–30% to be air cooled.
NO EVAPORATIVE
WATER
Closed loop dry-cooling tower — about 25 ML a year avoided per MW.
C A P A C I T Y A N D C A P A B I L I T Y
We licensed the technology.
Exclusive worldwide rights — with the inventor team engaged through commercial development.
Left to right: patent inventor and NTU Associate Professor Wong Teck Neng; data centre cooling specialist Eric Martinez
Gurrea; CRR Managing Director Tim Wither; patent inventor and NTU Assistant Professor Ho Jin Yao; and Capgemini -
Industrial Designer David Mansueto.
Ownership
Exclusive worldwide commercial licence executed with Singapore Nanyang
Technological University (NTU) – NTUitive Pte Ltd — 10-year term.
Capability
Eric Martinez Gurrea engaged as Technical Adviser — 14+ years thermal
engineering, in AI and High-Powered Compute (HPC) data centres. Product
owner of Submer's flagship immersion line.
NTU support
Patent inventors engaged to work alongside CRR through the commercial
development program.
Exclusive worldwide licence - Four technology disclosures including one granted US patent.
Refer ASX:CRR announcements 31 March 2026, 21 May 2026 and 20 July 2026. Peer-reviewed: Applied Energy 305 (2022); Energy 269 (2023). Licensed from NTUitive Pte Ltd, Nanyang Technological University, Singapore.
ASX:CRR
Staged pathway to Deployment.
Peer-reviewed at lab scale; the energy densities and stages above are CRR target aspiratons and are not assured. Forward-looking — see disclaimer.
Gate 1 · Q4 2026
Modular Prototype
~25 kW Single module
Design and lab test.
GATE 2
Scale Up
Integrate modules into rack.
Independently test.
GATE 3
Integration
Modular multi-server unit.
GATE 4
Deployment
Modular Data center.
ASX:CRR
Jet arrangement in lab-scale test-unit. Jet Impingement test-unit. High-performance condenser test rig. Lab-scale ~9 kW server rack chamber assembly.
ASX:CRR
Heat limits how much compute a rack can run.
Heat limits the performance of a battery cell.
CRITCAL IS RAISING THE CEILING ON BOTH FRONTS.
One physical limit.
Longer
Extended cycle life under
load.
Faster
Higher charge and faster
discharge.
Safer
Non-flammable solid
electrolyte.
No thermal runaway.
Tougher
Stable across a far wider
temperature range.
Denser
Lithium-metal compatible. The
enabler for step-change density.
THE PRIZE — ENERGY DENSITY
the energy density of today's lithium-ion batteries.
Energy-density figure is a solid-state / lithium-metal category target, not a measured CRR cell result.
ASX:CRR
Proven in the lab. Manufacturing at scale is the challenge.
– Material performance has been solved.
– Fast sulphide electrolytes are toxic and difficult to manufacture.
– Wet processing won't scale economically.
– Supply chain risk major bottleneck.
Solid-state is where everything's going.
The hardest places to
Heat limits performance. Each application defined by reliability, safety and weight.
ASX:CRR
Defence Aerospace / UAV Data-centres Space / satellites
Heat, vibration, reliability and
sovereignty supply chains.
Every gram of weight counts
for operational performance.
Heat-stable at high
temperatures, reliability.
Vacuum – no ability to cool,
radiation / extreme
temperature range.
Dr Smirnova - CRR Technical Advisor 30+ years in batteries research. Began her battery
research at NASA Glenn, Ohio (NASA-funded) Director of the NSF-backed CEPS and Professor at South
Dakota Mines — inventor & holder of several solid-state patents.
UNIVERSITY BACKED RESEARCH CENTRE
CEPS INDUSTRY MEMBERS THAT CRR DEVELOPS ALONGSIDE
+ C4V, Arbin, VRC Metals System,East Penn International, Black Hills Energy, & Quintus
Refer - ASX:CRR 2 Feb 2026 (CEPS membership) & 17 Feb 2026 (Technical Advisor).
Inside of Thermo-Fisher DualBeam Scanning Electron Microscope
(SEM) and Focused Ion Beam (FIB) instrument for material
characterisation.
Robotic controlled 3D cold-spray units 80-channel coin-cell
tester
Centre for Solid-State Electric Power Storage (CEPS) is a US research centre at South
Dakota Mines developing solid-state energy storage with industry, government and the national
laboratories, for defence, automotive, grid and medical applications.
ASX:CRR
Accessing world-class researchers and faculties.
Capital-efficient ecosystem built for advanced battery development.
The two failure points of solid-state (SS) — chemistry and manufacturing — plus the application target, each gated on measured evidence.
ASE
Room Temperature SS Electrolyte
Amorphous, sulphur-free solid-state
electrolyte.
3.2 mS/cm competitive with leading electrolytes
1,200 hrs of interface stability
0.27 eV low activation
GATE
Lab-validated – (ASX:CRR 28 May 2026)
DSD
MANUFACTURING ADVANTAGE
Dry supersonic deposition in one dry pass.
No solvent, oven or binder.
GATE
Lab-validated - (ASX:CRR 5 Mar / 16 Jun 2026)
HTE
Sulphur-free solid-state electrolyte —
optimised to perform beyond 60°C,
where lithium-ion destabilises.
Beyond 60°C
Non-flammable and stable where lithium-ion runs
away — the bridge to data-center thermal loads.
GATE
Lab-validated - (ASX:CRR 18 November 2025)
High-Temperature SS Electrolyte
We didn't optimise the old process.
3D Printing - Form-flexible
Ability to print a cell to conform to any shape, not
to a standard format.
ASX:CRR
ROOM-TE MPER ATUR E I ONI C CONDUCTI VI TY (MS/CM)
LGPS (sulphide) 10
CRR ASE 3.2
Argyrodite (sulphide) 1.5
NASICON (oxide) 0.7
LLZO (oxide) 0.3
Polymer (PEO) 0.01
≈ 10× LLZO and 4.5× NASICON — far faster than the safe oxides, competitive with sulphides without the H₂S risk.
ASE benchmark and comparator reference values per ASX:CRR announcement dated 28 May 2026.
ASX:CRR
Sulphide-class performance.
The real edge: manufacturability
Sulphur-based electrolytes are fast but are
toxic and costly to make.
ASE electrolyte reaches the same class
sulphur-free, potentially opening a cleaner,
cheaper manufacturing path.
Theory lab validated
MAR 2026
Dry cathode
Solvent-free LFP
cathode validated.
›
MAR 2026
ASE 1,200 hrs
Interface stable at room
temperature.
›
MAY 2026
Benchmark
Sulphide-class, sulphur-
free.
›
JUN 2026
Single step
Full composite in one dry
pass.
›
JUL 2026
DSD peer review
Independent peer
review.
Six ASX-validated results in five months. We move fast and gate on measured evidence — and we'll bring the same cadence to the cooling.
DSD Program progression
ASX:CRR
One dry, single-step pass.
DSD deposition, live.
1,200 hours, validated.
Testing at South Dakota Mines.
Full-Format cell with DSD cathode.
Ongoing electrochemical testing.
JUN 2026
Pouch cell
Full-format cell with liquid-
electrolyte baseline.
›
T H E P A T H · V A L U E C R E A T I O N
Validated to date. Compounding value.
Each milestone builds on the last — proven now, verified next, deployed after.
SOLID-STATE BATTERY · DSD cathode + ASE electrolyte
VALIDATED · NOW
Validate the science
ASE benchmarked sulphur-free; DSD deposits a dense
cathode in a single dry pass.
›
NEXT
Integrate the full cell
ASE electrolyte and DSD process converge into one
complete solid-state cell.
›
THEN
Verify independently
Third party confirms performance in a commercial-
format cell.
TWO-PHASE COOLING · NTU-licensed spray rack
GATE 1 · Q4 2026
Prove the cooling
Two-phase module prototype — the first evidence-
backed cooling milestone.
›
NEXT
Scale up the platform
›
THEN
Deployment and Licensing
Staged racks size into modular inference data-
centres — capital-light business at scale.
Capital efficient throughout — CRR licenses the know-how and IP, funding world-leading researchers and university facilities.
CRR targets and are not assured. Forward-looking — see disclaimer
First partner or licensing deal — royalty economics
begin, no factory to fund.
ASX:CRR
for where
everything's
Solving the density challenge on two fronts.
ENERGY DENSITY · CELL COMPUTE DENSITY · RACK
ASX:CRR
ASX:CRR
Investment Proposition
28
02 04
03
01
Large, low-cost land holdings
of early-stage gold-tungsten-
antimony projects in Tier-1
geology and jurisdictions.
Multiple drill targets - High
discovery potential.
Strategically located lithium
resource in Ontario, Canada
with immediate access to
world-class infrastructure
and simple metallurgy.
Low-cost workstreams
underway to de-risk and
add long-term value.
Evaluation of advanced
solid-state lithium-ion battery
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