Announcement PDF Western world’s Lowest CAPEX Rare earth project Scaleable, common, simple RIU Sydney May 2026 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, 1 Dec 2025, 17 Dec 2025, 12 Jan 2026 and 03 Mar 2026. 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 (In-situ Recovery) Rare Earths Project • Proven extraction in the field • Proven extraction at scale • Most common REE extraction method EMA Rare Earths Serra Verde Brazilian Rare Earths $1.4B Caldera Project $578M $61M Colossus Project $328M Market Capitalisation www.asx.com.au as of closing on the 04.05.26 BCM (ASX: BCM) – Extension Drilling Confirms High Magnet Grades 1 Dec 2025 BCM (ASX:BCM) Ema Indicated MRE Increases 58% to 392Mt 22 April 2026 Extension Drilling Confirms High Magnet Grade Mineralisation 80 km2 Mineralised extents drilled to date JORC Category cut-off ppm TREO Tonnes Mt TREO ppm NdPr ppm DyTb ppm MREO ppm MREO: TREO % Indicated 500 392 773 184 17 200 25 Inferred 500 681 712 168 15 184 25 Total 500 1,071 732 174 16 190 25 20 years Mine Life – Scoping Study 4km In-Situ (REE) Leaching most common form of REE extraction • Low establishment cost • Proven decades old technology • 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 using Mg ions • Pump the pregnant solution back for processing Liquid Collection Zone Leaching Injection Well Bedrock Clay Zone Leaching Solution To Plant Extraction Wells 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 Trial 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 Avg MRE grade (TREO ppm) Scalable, low Capex – US$55M Built in 2022 >20,000t of MREC produced to date https://mcreresources.com/ Proven ISR works at scale in Malaysia Ema is the opportunity to replicate an existing model at similar scale, with comparable or better economics $54.27 Basket composition and price Pricing: https://giti.sg/markets/markets_files/89cdfc0a3db0583ce2caf7f5d3feec97-212.html >95% Magnet value in Basket Value of Basket per kg – sector leading >41% MREO:TREO – leading composition for Ionic Clay Strong Basket Price – right elements SPOT MREC BASKET BCM Ema Oxide Price (23.04.26) USD/kg % Basket $ La2O3 0.79 36.02 0.28 CeO2 2.1 11.89 0.25 Pr6O11 126.73 8.99 11.40 Nd2O3 126.37 31.62 39.95 Sm2O3 2.4 3.94 0.09 Eu2O3 24.84 0.49 0.12 Gd2O3 38.24 1.89 0.72 Tb4O7 884.92 0.17 1.52 Dy2O3 198.11 0.70 1.40 Ho2O3 80.41 0.13 0.10 Er2O3 58.56 0.32 0.19 Tm2O3 118.57 0.04 0.05 Yb2O3 14.57 0.25 0.04 Lu2O3 757.47 0.03 0.26 Y2O3 10.2 3.52 0.36 Basket Price US$/kg (TREO) 56.74 Basket Price US$/kg (NdPrDyTb) 54.27 MREO % 41.5 TREO % 100 LOM (opex) ~US$8-10/kg TREO ISR fundamentally changes Capex and Opex 10 0 20 30 40 Cost of production US$/kg TREO 92,750 165,500 248,250 331,000 REO (t) Opex (US$10/kg) 2024 REO Cash Cost Curve 0 2,000 4,000 6,000 8,000 10,000 12,000 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 Product Sales (t) Years Annual Production Profile MREC tpa TREO tpa MREO tpa MREC ~ 9-10,000tpa, inclusive of ~ 4-5,000tpa TREO, containing ~ 2-2,500tpa MREO Ultra low All-in-Sustaining Cost Brazilian Critical Minerals (ASX:BCM) : Ema Scoping Study: Ultra Low Capex & Opex 26th February 2025 In-Situ Recovery (ISR) The most common and simplist method ISR REE extraction in the world, removes mining, no tailings dam, no land disturbance Why Brazilian Critical Minerals? Low Operating Cost A scalable, low-cost upstream supply source Sit at the low end of the global cost curve Industry-Leading Low Capex Product Validation High quality MREC >50% TREO NdPrDyTb composition is >41% Ultra-low pre-production capital expenditure of US$55M1 BCM (ASX: BCM) – Ema Scoping Study – Investor presentation 26 Feb 2025 Next Steps Permits ANM site visit completed. All relevant Government Departments being consulted 80% complete. Tartgeting Q2 release. Bankable feasibility study Offtake agreement/s Financing to commence Q3, offtake is critical 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 Q2 2026, once all major BFS components are completed Mineral Resource Update Completed 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