Brazillian Critical Minerals Limited · ASX:BCM
Brazillian Critical Minerals — Brazilian Critical Minerals — Investor Presentation (June 2025)
19 slides from Brazillian Critical Minerals's investor presentation, Jun 5, 2025
Slide 1: Investor Presentation June 2025
For personal use only Investor Presentation June 2025 First ISR Rare Earths on the ASX Ultra Low Capex Ultra Low Opex Production
Slide 2: Disclaimer
Disclaimer This presentation has been prepared by Brazilan Critical Minerals limited (company). Competent person statement For personal use only This important notice and disclaimer applies to this presentation and any information provided in relation to or in connection with the information contain
Slide 3: Investment Highlights
Investment Highlights For personal use only Tier-1 Scale Resource with High-Value The Ema Project hosts 943Mt @ 716ppm TREO, including a 341Mt starter zone with 26% high-value magnet 1 Magnet Rare Earth REEs (Nd, Pr, Dy, Tb) — placing it among the largest ionic clay REE projects globally. Elements (
Slide 4: Corporate Overview
Corporate Overview $0.01 1.6b For personal use only Current Share Price Shares on Issue (post completion) $12.5m $3.7m Market Capitalisation (post Est. Cash post completion completion) Funds Capital Structure Shares Raised Existing Shares on Issue1 1,062,958,588 - New Shares under the Offer2 500,000
Slide 5: Board of Directors
Board of Directors For personal use only Andrew Reid Nicholas Holthouse Jeremy Robinson Managing Director Non-Executive Director Non-Executive Chairman Jeremy is a resources executive Andrew has over 30 years’ global Nicholas is a mining executive with 20 years’ experience across experience in geolo
Slide 6: Large Resource Base
Large Resource Base Central Starter Area Mineral Resource Estimate – February 2025 For personal use only 73% of Central Starter Area classified as Indicated Resource 746 341M Ema REE Project 2025 Mineral Resource Estimate – Central Starter Zone cut-off JORC Tonnes TREO NdPr DyTb MREO MREO:TREO ppm C
Slide 7: In-situ recovery mining
In-situ recovery mining The most cost effective, environmentally friendly In-situ recovery is a well understood rare For personal use only method of mining earth mining method Significant contributor to current world production output RIGHT RIGHT RIGHT NO NO NO Geology Style of Mineralisation Confin
Slide 8: In-Situ REE Mining
In-Situ REE Mining “highest margin REE operations World wide” For personal use only • Readily leachable clays laden with rare earths • High proportion of silica ~50% in clay • Lower proportion of clay materials • Volumes of pores (air spaces) in the clay is sufficient for solution flow • Low Capex,
Slide 9: Simple Flow Sheet
Simple Flow Sheet Enables low Capex – US$55M For personal use only Processing Plant 1 2 3 4 Steps 2 – 3 -4 Impurity Precipitation MREC Top Soil Removal Saprolite recycled reagents Saprock (orezone) Basement Rock Insitu leach - low CAPEX - low OPEX Multiples lower Capex vs all other REE projects http
Slide 10: Highly Profitable at US$60/kg NdPr
Highly Profitable at US$60/kg NdPr (Spot Price) For personal use only Annual Production Cash Costs NPV8 (post-tax LOM) (LOM avg) US$6.15/kg TREO US$498M 8,700t MREC US$16.95/kg NdPr NPV8 (post-tax Spot) 4,800t TREO Free Cash Flow (post-tax US$355M 1,800t MREO LOM) US$67Mpa IRR (LOM) Pre-production C
Slide 11: Capex and Operating Costs
Capex and Operating Costs Capex of US$55M includes For personal use only Capex Unit Spot LOM Pre-production capital expenditure US$M 55 55 35% contingency LOM sustaining capital expenditure US$ / year 1.58 1.58 Lowest published Capex to produce high value mixed Unit cash operating costs Unit Spot LO
Slide 12: US$55M Capex – 2.4 year Payback
US$55M Capex – 2.4 year Payback For personal use only 1400 Cumulative Net Cash Position US$M 1200 1000 800 600 Expansion capital from cash flow 400 ~2.4 years 200 payback 0 -1 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 -200 Years LOM @ US$74/kg NdPr Spot Price @ US$60/kg NdPr LOM NPV – US$49
Slide 13: Long Life - Ultra Low Opex
Long Life - Ultra Low Opex For personal use only Annual Production Profile 2024 REO Cash Cost Curve 12,000 40 MREC tpa TREO tpa MREO tpa Cost of production US$/kg TREO 10,000 30 Product Sales (t) 8,000 Lowest All-in-Sustaining Opex of any Rare Earth Project 6,000 20 4,000 10 2,000 Opex (US$7.08/kg)
Slide 14: Passes the Stress Test
Passes the Stress Test For personal use only Post-tax (LOM) Base Case (NPV US$498M, IRR 55%) • US$53/kg NdPr – 40% lower than LOM US$ Price (US$74/kg), escalated in year 5 $53/kg $60/kg NdPr $53/kg NdPr Opex 50% Plant Capex • US$60/kg NdPr – price maintained flat (US$M) at current spot price NdPr fl
Slide 15: Brazilian Ionic Clay projects
Brazilian Ionic Clay projects Unit BCM MEI Aclara VMM For personal use only Scoping Scoping PEA Scoping Date Feb 2025 Oct 2024 Sep 2024 Feb 2025 Project Ema Caldeira Carina Colossus Capex - US$55M Mine Life years 20 20 22 Price Forecast - LOM US$/kg (NdPr) 74 111 197 • 6 x smaller than MEI NPV (pre-
Slide 16: ISR: Simple process big impact
Brazilian Ionic Clay projects ISR: Simple process big impact Operating Cost Operating Cost Comparison Capex For personal use only 30 120 700 US$/kg TREO US$/kg NdPr (inclusive of contingency) 27.6 600 25 100 500 Operating Cost US$/kg TREO Operating Cost US$/kg TREO 20 80 Capital Cost US$M 400 15 60
Slide 17: Superior Basket Price
Superior Basket Price SPOT MREC BASKET BCM VMM MEI For personal use only 90% Head Grade (ppm) 965 4,472 4,439 Reagent Magnesium Sulfate Ammonium Sulfate Ammonium Sulfate Highly comparable Time 30 Minutes 30 Minutes 30 Minutes pH 4.5 4.5 4.5 Product MREC MREC MREC Oxide Price (12.02.25) % Basket $ %
Slide 18: ASX REE Peers
ASX REE Peers For personal use only Market Cap $497M $225M $11M $26M $42M BCM IXR MEI BRE VMM ASX Companies as of close 02.06.25
Slide 19: For personal use only
Brazilian Critical Minerals
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