
The dry, room-temperature deposition process avoids solvents and furnace steps, CRR says. Quantitative coin-cell test data has not yet been published, leaving the technical case incomplete.
Critical Resources (ASX: CRR) says it has produced a full solid-state battery composite layer in a single dry, room-temperature deposition step. The process, which the company calls DSD and compares to 3D printing, forms a dense, uniform coating without solvents, drying cycles, or furnace processing. The layer is 15 microns thick and combines LFP cathode material with a LLZO reference solid electrolyte and a carbon-nanotube conductive network on aluminium foil.
The achievement sits inside a structured technical evaluation program, not as a standalone lab result. CRR holds a 12-month exclusive option over a solid-state battery patent portfolio from the South Dakota School of Mines & Technology, covering five granted US patents and one pending patent. That option entered a formal six-month evaluation program under an NSF-supported framework in early 2026. The company's strategy is to develop and license battery and manufacturing-process IP, not to build cells itself.
Earlier work on the electrolyte layer had already produced benchmarks: more than 1,200 hours of interface stability, 3.2 mS/cm ionic conductivity, and 0.27 eV activation energy. The current filing references that conductivity number as supporting context for the composite layer, the company said. It does not frame the number as a finished cell result.
Testing has now started in CR2032 coin-cell format using a liquid electrolyte as a reference. Early charge-discharge behaviour is reportedly consistent with expected material performance, according to the company. Quantitative data on capacity retention, cycling efficiency, and reproducibility has not yet been disclosed. A full-format pouch cell prototype is in development, with independent testing planned. The filing itself notes that scaling from coin cells to pouch cells may introduce reproducibility and interface-quality risk.
The financial picture adds another constraint. CRR's FY2025 annual report showed cash of $955,925 at 31 December 2025 and a net loss after tax of $2.03 million. A March 2026 AGM presentation cited cash of $1.7 million. The battery filing did not disclose a dedicated budget, strategic partner, or financing package for the next development stage.
The first clear checkpoint is quantitative coin-cell data. Without figures on capacity retention, cycling behaviour, efficiency, and reproducibility, it is hard to judge how much technical risk has actually been removed. The second checkpoint is scale-up into pouch-cell format, where uniformity and interface quality often become harder to maintain. A third is funding or a partnership to carry the work through those stages.
CRR’s mining portfolio – lithium, gold-antimony, and copper – continues in parallel. The company’s cash position suggests the battery program will eventually need external support to reach a licensing-ready stage. The next debate is likely to centre on whether CRR can publish convincing cell data, show reproducibility at larger format, and support the program financially while advancing its mining interests.
One read-through worth watching: if CRR can produce compelling coin-cell results in the coming months, the licensing narrative gains credibility. If not, the manufacturing milestone will look like a process achievement without a product. The commodities analysis desk will track the data as it lands.
Prepared with AlphaScala research tooling and grounded in primary market data: live prices, fundamentals, SEC filings, hedge-fund holdings, and insider activity. Each story is checked against AlphaScala publishing rules before release. Educational coverage, not personalized advice.