Announcement PDF Primed for Growth Following ISR Trial Low-Cost Rare Earth Production Pathway Investor Presentation December 2025 Disclaimer This presentation has been prepared by Brazilan Critical Minerals limited (company). This important notice and disclaimer applies to this presentation and any information provided in relation to or in connection with the information contained in it. This presentation contains information in summary form. Some of the information is based on publicly available sources, has not been independently verified or may not be complete. It should be read in conjunction with the Company’s other continuous and periodic disclosure announcements lodged with Australian Securities Exchange, which are available at www.asx.com.au. This presentation contains forward-looking statements which involve a number of risks and uncertainties. These statements reflect current expectations, intentions or strategies regarding the future and assumptions based on currently available information. Should one or more of the risks or uncertainties materialize, or should underlying assumptions prove incorrect, actual results may vary from the expectations, intentions and strategies described in this presentation. No representation or warranty is made as to the accuracy, completeness, reliability, fairness, or correctness of the information contained in this presentation. To the maximum extent permitted by law, no person, including the company and their related bodies corporate, officers, employees, and representatives (including agents and advisors), accept any liability or responsibility for loss arising from the use of such information. This presentation is not a bidder’s statement, prospectus or a product disclosure statement under the Corporations Act 2001 (Cth) or offering document under any other law. It has not been lodged with the Australian Securities and Investments Commission. This presentation is for information purposes only and is not financial product or investment advice or intended to be used as a basis for making an investment decision. It has been prepared without taking into account the investment objectives, financial circumstances, taxation position or particular needs of investors. This presentation does not constitute an offer to issue or sell, or to arrange to sell, securities or other financial products. In particular, this presentation and the information contained in it does not constitute a solicitation, offer or invitation to buy, subscribe for or sell any security in the United States or to or for the account or benefit of any U.S. Person (as defined in Regulation S under the U.S. Securities Act of 1933, as amended (the US Securities Act)). The securities referred to in this presentation as being offered or sold have not been, and will not be, registered under the US Securities Act. Securities may not be offered or sold in the United States unless they have been registered under the US Securities Act or an exemption from registration is available. The release, publication or distribution of this presentation in jurisdictions outside Australia may be restricted by law. Any failure to comply with such restrictions may constitute a violation of applicable securities laws. Competent person statement The information in this report that relates to exploration results is based on information compiled by Mr. Antonio de Castro, BSc (Hons), MAusIMM, CREA, who acts as BCM´s Senior Consulting Geologist through the consultancy firm, ADC Geologia Ltda. Mr. de Castro has sufficient experience which is relevant to the type of deposit under consideration and to the reporting of exploration results and analytical and metallurgical test work to qualify as a competent person as defined in the 2012 Edition of the Joint Ore Reserves Committee (JORC) “Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves”. Mr. Castro consents to the report being issued in the form and context in which it appears. The information in this report that relates to exploration results is based on information compiled by Mr. Antonio de Castro, BSc (Hons), MAusIMM, CREA, who acts as BCM´s Senior Consulting Geologist through the consultancy firm, ADC Geologia Ltda. Mr. de Castro has sufficient experience which is relevant to the type of deposit under consideration and to the reporting of exploration results and analytical and metallurgical test work to qualify as a competent person as defined in the 2012 Edition of the Joint Ore Reserves Committee (JORC) “Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves”. Mr. Castro consents to the report being issued in the form and context in which it appears. The Company confirms that it is not aware of any new information or data that materially affects the information included in the relevant market announcement and, in the case of mineral resource estimate, that all material assumptions and technical parameters underpinning the estimates in the relevant market announcement continue to apply and have not materially changed. Refer to ASX announcement dated 01 July 2025. Exploration results and mineral resources The information in this announcement relates to previously reported exploration results and mineral resource estimates for the Ema Project released by the Company to ASX on 22 May 2023, 17 July 2023, 19 July 2023, 31 July 2023, 13 Sep 2023, 19 Oct 2023, 06 Dec 2023, 06 Feb 2024, 22 Feb 2024, 13 Mar 2024, 02 Apr 2024, 08 Oct 2024 19 Nov 2024, 21 Jan 2025, 17th Feb 2025, 26th Feb 2025, 10th March 2025, 13th March 2025, 28th April 2025, 27th May 2025, 28th May, 13 June 2025, 01 July 2025, 18 August 2025, 01 Sep 2025, 22 Sep 2025 and 23 Oct 2025. The Company confirms that is not aware of any new information or data that materially affects the information included in the above-mentioned releases and CONTINUES TO APPLY and have not materially changed in accordance with listing Rule 5.23.2. This presentation has been approved by the Board of Directors. Brazilian REE Landscape EMA Rare Earths Project 30 km south from Apuí EMA Rare Earths Serra Verde Brazilian Rare Earths $1.12B Caldera Project $390M $44M Colossus Project $129M Market Capitalisation www.asx.com.au as of closing on the 07.12.25 Innovative, Low-Cost, Extraction via In-Situ Recovery (ISR) Pioneering ISR REE extraction outside SE Asia, low-impact alternative to traditional mining Why Brazilian Critical Minerals? Essential use in Modern Technology Strategically focused on high-value NdPr and DyTb oxides generating >90% of future revenues Industry-Leading Low Capex Successful testing & Pilot Validation Field Trials De-risked operations through successful field trials and ANSTO testing, confirming confirming commercial permeability levels and ionic leaching kinetics Ultra-low pre-production capital expenditure of US$55M1 BCM (ASX: BCM) – Ema Scoping Study – Investor presentation 26 Feb 2025 ISR Pedigree Maturity, Brazilian Opportunity Pang War Apuí Municipality Myanmar ISR Process Plants Ema Project MRE Outline Ema is the only known ISR rare earth project outside of SE Asia Apuí Legend 1 Plant - 80km2 1Bt – MRE 55 Plants - 80km2 BCM (ASX: BCM) – Extension Drilling Confirms High Magnet Grades 1 Dec 2025 BCM (ASX:BCM) Ema MRE Delivers Significant Increase in Indicated Resource 21 Feb 2025 Extension Drilling Confirms High Magnet Grade Mineralisation 80km2 Mineralised extents drilled to date JORC Category cut-off ppm TREO Tonnes Mt TREO ppm NdPr ppm DyTb ppm MREO ppm MREO: TREO % Indicated 500 248 759 176 16 192 25 Inferred 500 695 701 165 16 181 26 Total 500 943 716 168 16 184 26 20 years Mine Life – Scoping Study 4km Geology Weathering less than 20m deep Hydrogeology Permeable orebody, intact bedrock Reagents MgS04, benign, low-toxicity, ESG compliant Argus Media 2025 – Global Rare Earths market outlook February 2025 In-situ recovery mining A well understood rare earth mining method Minimal surface impact No Open Pit Mining Waste-Free Process No storage of toxic materials in tailings dams Ecosystem Preserved No land clearing, rapid restoration and land- reuse Significant contributor to current world production output The most cost effective, environmentally friendly method of mining The Right Conditions The Wrong Traditions In-Situ (REE) Leaching • Low establishment cost • Proven decades old technology • Only green reagents utilised • Using gravity as our natural pumping system • Readily leachable solution laden with rare earths • ISR accelerates natural processes in the ground In-Situ Leaching involves just three steps: • Inject a lixiviant (magnesium sulfate) • Dissolve or desorb the REE elements into solution • Pump the pregnant solution back for processing Liquid Collection Zone Leaching Injection Well Bedrock Clay Zone Leaching Solution To Plant Extraction Wells Getting pH at target level using MgSO4 https://braziliancriticalminerals.com/announcements/7003922 ● Fast decrease of pH within clay zone to target level ● Natural pH control, no additional acid Field Trial Results BCM (ASX: BCM) – Magnesium Sulphate Recorded in Multiple Holes in Multiple Field Trial Areas 13 June 2025 3.0 3.5 4.0 4.5 5.0 5.5 6.0 Day 1 Day 2 Day 3 Day 4 Day 5 Day 6 Day 7 Day 8 Day 9 Day 10 Day 11 Day 12 Day 13 Day 14 Day 15 Day 16 Day 17 Day 18 Day 19 Day 20 Day 21 Day 22 PH pH Monitoring Holes H2F10 H2F11 H2F12 Target Leach Field Trial Leaching ● TREO grades up to 7,800ppm and MREO grades higher than 3,500ppm ● 44% MREO:TREO composition one of the highest in the world Field Trail Results Leached TREO & MREO from hole H1-F6 High-grade rare earth extraction with world-leading MREO profile, benign, non-toxic reagent usage BCM (ASX: BCM) – World Class ISR Leaching Grades at Ema 1 Sep 2025 4-step flow sheet - Lowest CAPEX Impurity Removal Precipitation MREC recycled reagents Scoping Study US$55 Million - Sector Low OPEX 1 2 3 4 Processing Plant Steps High Margin - Low Volume - High Value ISR Proposed Central Processing Plant BCM (ASX: BCM) – Ema Scoping Study – Investor presentation 26 Feb 2025 Magnesium avoids the pollution that causes environmental devastation Key Magesium Sulphate Advantages • Major Environmental advantage • No groundwater or soil issues • More acceptable to local communities • Lower regulatory restrictions Magnesium sulfate Ammonium sulfate Nitrogen pollution High Zero Ecosystem nutrient loading High Low Fish/amphibian toxicity Significant Rare Soil legacy impacts Persistent Minor & reversible Air emissions (NH₃) Possible None Regulatory burden High Low Groundwater risk High Low Toxicity $37.67 Strong Basket Price – right elements Pricing: https://giti.sg/markets/markets_files/0bb022eb96d25b2fa5b7534a6ebd4d0b-206.html 95% Magnet value in Basket Value of Basket – sector leading >41% MREO:TREO – leading composition for Ionic Clay SPOT MREC BASKET Ema - Field Trail Oxide Price (11.11.25) USD/kg % Basket $ La2O3 $ 0.64 36.02 0.23 CeO2 $ 1.65 11.89 0.20 Pr6O11 $ 80.89 8.99 7.27 Nd2O3 $ 80.53 31.62 25.46 Sm2O3 $ 2.33 3.94 0.09 Eu2O3 $ 25.08 0.49 0.12 Gd2O3 $ 22.46 1.89 0.42 Tb4O7 $ 921.18 0.17 1.58 Dy2O3 $ 209.10 0.70 1.47 Ho2O3 $ 69.79 0.13 0.09 Er2O3 $ 48.46 0.32 0.16 Tm2O3 $ 115.29 0.04 0.05 Yb2O3 $ 14.13 0.25 0.03 Lu2O3 $ 727.62 0.03 0.25 Y2O3 $ 6.50 3.52 0.23 Basket Price US$/kg (TREO) 37.67 Basket Price US$/kg (NdPrDyTb) 35.79 MREO % 41.48 TREO % 100 ANSTO Bulk MREC from Field Trial solution Logistics EMA Project Prainha Port Chibato Port Apuí Humaitá Apuí Municipality Legend Roads Water Manaus Manicoré Autazes Integrated land/water logistics for secure;efficient rare earth transport;scalable from source to port. Path 1 Path 2 Permitting in Brazil Brazil permitting pathway established, exploration licence next milestone, value growth unlocked on approval. Regulatory Framework The National Mining Agency governs federal tenure and permitting for exploration and mining Instituto de Proteção Ambiental do Amazonas - state-level environmental protection and licensing agency Current Milestone Roadmap ANM site visit completed Strong local community support Landholder agremeents progressing IPAAM engagement continuing Investment Confidence Nearest town 25 kms away No land disturbance Nearest Indigenous population 140kms away No mining within the water table No toxic chemicals Well established technology Offtake Agreements USA Canada France Malaysia Japan South Korea Brazil Jurisdictions with demonstrated commitment to securing diversified supply for processing Confidence that offtake and supply partnerships will be a key commercial catalyst Offtake product qualification to commence Global critical-minerals demand continues to be underpinned by long-term offtake agreements from industrial economies securing future feedstock. Next Steps Permits ANM site visit completed. All relevant Government Departments being consulted Advancing well, with key workstreams moving on schedule. Progressing as planned, with major technical packages well underway. Bankable feasibility study Offtake agreement/s Key discussions are progressing. MREC samples have been sent to prospective clients for analysis Company currently fielding and engaging with early options slated for discussions in Q2 2026 once detailed CAPEX is confirmed Project Financing Project Cash Flow Models Scheduled for Q1 2026, once all major BFS components are completed Mineral Resource Update Focused on converting Inferred reource to Indicated Thank You. Brazil BRA: MINERAÇÃO BBX DO BRASIL LTDA, Rua dos Inconfidentes n⁰ 867, Savassi, Belo Horizonte, Minas Gerais, CEP 30.140-128 Australia Andrew Reid Email: andrew.reid@brazililancriticalminerals.com Level 28, 140 St Georges Terrace Perth WA 6000