Viridis Mining And Minerals Limited · ASX:VMM
Viridis Mining And Minerals — Unearthed Natural Resources Conference (February 2026)
19 slides from Viridis Mining And Minerals's conference presentation, Feb 12, 2026
Slide 1: Colossus Ionic Clay Project Investor Presentation
For personal use only COLOSSUS IONIC CLAY PROJECT Unlocking a new frontier of Rare Earths in the Poços De Caldas Alkaline Complex Investor Pack Investor Presentation February 2026
Slide 2: Important Information and Disclaimer
Important Information and Disclaimer This document is confidential and may not be reproduced, redistributed or passed on, directly or indirectly. This document has been prepared by Viridis Mining and Minerals Ltd (the Company, VMM, Viridis Mining and Minerals). This document is neither a prospectus
Slide 3: Corporate Summary
Corporate Summary Board & Management Capitalisation Data Agha Shahzad Pervez Executive Chairman For personal use only Current Shares on Share Price1 Market Cap1 Rafael Moreno Managing Director & Chief Executive Officer Issue1 111 Million $2.17 $241 Million Jose Carlos Guedes Non-Executive Director T
Slide 4: Investment Highlights | The Leading Undeveloped Rare Earth Project Globally
Investment Highlights | The Leading Undeveloped Rare Earth Project Globally Highest grade MREO IAC project: 493Mt (M+I+I) @ 2508ppm TREO and 601ppm MREO1 ▶ Sole owner of the world’s largest Ionic Adsorption Clay (‘IAC’) Geographic Footprint rare-earth deposit by reserves (drilled only 12% of total a
Slide 5: Colossus Ionic Adsorption Clay Rare Earth Project
Colossus Ionic Adsorption Clay Rare Earth Project The leading undeveloped rare earths project globally, with best-in-class economics. Pocos De Caldas Alkaline Complex World Class Deposit – Significant Exploration Upside ▶ Global Resource: 493Mt @ 2,508ppm TREO, 601ppm MREO1 [Nd, For personal use onl
Slide 6: Colossus Structural Resource Advantage
Colossus Structural Resource Advantage Provides sustained access to premium-grade MREO feedstock with long-life production visibility ▶ High grade 493Mt resource, allows a targeted mining strategy and Industry-Leading ~1,000ppm MREO Feedstock for 20yrs1 ▶ The Northern Concessions (‘NC’) underpin Col
Slide 7: True Ionic Adsorption Clay | Simple, High Recoveries and Low Impurities
True Ionic Adsorption Clay | Simple, High Recoveries and Low Impurities Colossus Metallurgy and Flowsheet Unmatched in ALL Facets The VALUE PROPOSITION of the Colossus project is centred around the true ionic nature, high grade, world-leading recoveries and low OPEX flowsheet proven by ANSTO. For pe
Slide 8: Colossus PFS: World-Class Project Economics
Colossus PFS: World-Class Project Economics Superior economics with industry leading ionic metallurgy and highest grade MREO resource globally PFS CAPEX & OPEX Metrics PFS Key “Base Case” Financial Figures ▶ Lowest capital intensity amongst ionic-clay projects: Avg TREO / MREO • CAPEX: US$358 millio
Slide 9: Colossus Funding Strategy and Strategic Partnerships
Colossus Funding Strategy and Strategic Partnerships Cornerstone Investors and Leading Export Credit Agencies Support Colossus to Full Funding and FID Colossus Pre-FID Funding Complete Viridis Attracts Leading Global ECAs Project Execution Financing US$358M For personal use only Debt Funding / Cash
Slide 10: Rare Earth Research and Processing Centre (CPTR)
Rare Earth Research and Processing Centre (CPTR) ▶ Viridis is progressing the development of its Rare Earth Research and Processing Centre, strategically located in the industrial park in Poços de Caldas, Brazil. For personal use only ▶ All key equipment delivered to site. ▶ Construction and commiss
Slide 11: Landmark Approval of Colossus Environmental (PL) License
Landmark Approval of Colossus Environmental (PL) License The quickest approval timeline for a project of this kind in Brazil Viridis secured its PL in less than 11 months THREE-PHASE LICENSE (LAT) For personal use only This model ensures the control and monitoring of environmental impacts ▶ Viridis
Slide 12: JV For Separation / Refining / Recycling
JV For Separation / Refining / Recycling Proven Downstream Technology Viridion JV with Ionic Rare Earths (ASX:IXR) For personal use only ▶ Viridis positioned to become first producer of refined Rare Earth Oxides (REO) in Brazil, through a JV signed with IXR1. ▶ The JV has exclusive global (excluding
Slide 13: Colossus Pathway to FID (Q3 2026)
Colossus Pathway to FID (Q3 2026) – The West’s Next Leading Rare Earth Producer FID Viridis on-track for 2028 First Production August 2026 Sept 2026 ECI / EPCM Execution (LNTP) For personal use only July 2026 EPCM Recommendation For Award (RFA) Sept 2026 May 2026 Installation Licence (LI) Updated Re
Slide 14: Anticipated Project Milestones | Work Program to Initial Production
Anticipated Project Milestones | Work Program to Initial Production 2026 2027 2028 Project Activities For personal use only Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Resource & Exploration Drilling MREC Demo Plant Construction & Testing Award ECI / EPCM Contract Resource/Reserve Development Updated Reserv
Slide 15: Thank You
Thank You For personal use only Contact Rafael Moreno Managing Director & CEO Phone: +61 3 9071 1847 Email: info@viridismining.com.au Carly Terzanidis Company Secretary Phone: +61 3 9071 1847 Email: cosec@viridismining.com.au viridismining.com.auInvestor Presentation Level 50, 108 St Georges Terrace
Slide 16: Glossary
GLOSSARY • AISC: All In Sustaining Costs • MRE: Mineral Resource Estimate • AMSUL: Ammonium Sulfate • MREC: Mixed Rare Earth Carbonate • ANSTO: Australian Nuclear Science and Technology Organisation • MREO: Mixed Rare Earth Oxides For personal use only • BNDES: Brazilian National Bank for Economic a
Slide 17: Appendix A – Colossus Mineral Resource Estimate
APPENDIX A – Colossus Mineral Resource Estimate (22 January 2025) Source Data – As seen on Slide 4 For personal use only 17 Viridis Mining and Minerals Ltd - Colossus Ionic Clay Project
Slide 18: Appendix B – Peer Comparison Reference Data
APPENDIX B – Peer Comparison Reference Data Source Data for Peer Comparisons Bubble Chart – As seen on Slide 6 This tables compares IAC projects globally, focusing on contained MREO in the Measured and Indicated Resource vs MREO Grade, including Nd, Pr, Dy, and Tb oxides – Contained MREO( kt) vs MRE
Slide 19: Appendix C – Project Blue Consulting Graph
APPENDIX C – Project Blue Consulting Graph on Slide 7 Project Blue is an independent market intelligence and research consultancy specialising in critical materials and energy transition supply chains, offering comprehensive insights from "mine to market" across more than 30 materials, including rar
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