CRR

CRR has demonstrated a full-format laboratory pouch cell with its DSD cathode matrix surviving a month of continuous cycling with 75% capacity retention and stable LFP chemistry, isolating material performance from cell-engineering factors and positioning the program for optimization phase work at CSIRO. This is a de-risking step in solid-state battery IP development, not a commercial production or resource definition event.

CRR has compiled historical geochemistry across its NZ permit to define three early-stage exploration targets adjacent to OceanaGold's Macraes camp, with the strongest indicator being 45.2 ppb Au in stream sediment and scattered soil anomalies in the 10–16 ppb range. The announcement is a desktop targeting exercise with no drilling to date; field verification is the immediate next step, making this a pre-exploration-stage data refresh rather than a near-term catalyst.

CRR has secured $1.6m to fund exploration across NZ (gold/tungsten), Canada (lithium), and tech development (solid-state battery, data-centre cooling), with directors backing 30% of the raise. The placement arrives amid a 14% 5d and 20d downtrend at -50% from 252d high, suggesting the stock was already under pressure before the raise was announced.

CRR has called a trading halt ahead of a capital raise announcement, likely driven by the need to fund lithium exploration. The $19m market cap and retail-dominated selling ($275k net outflow vs $5k institutional inflow over 5d) suggest cash constraints may have prompted the raise.

CRR secured co-funded CSIRO partnership to digitally model and de-risk its dry supersonic deposition battery manufacturing process—a potentially valuable IP asset if scaling succeeds, though commercialisation remains uncertain. The collaboration leverages CSIRO's digital twin and advanced manufacturing expertise to move from proof-of-concept toward manufacturing viability.

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