Announcement PDF Investor Presentation 19 August 2024 Green Rare Earths Mine of the Future Now Disclaimer This presentation has been prepared by Brazilan Critical Minerals Limited (company). Competent person statement 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. 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. 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. The information in this report that relates to exploration results released by the Company to the ASX on 2 April, 22 April, 3 May and 7 May 2024 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 22 April 2024. Exploration results and mineral resources The information in this Presentation that relates to Exploration Results and Mineral Resources is based upon and fairly represents information previously released to the ASX on 22 May 2023, 6 June 2023, 17 July 2023, 31 July 2023, 13 September 2023, 3 October 2023, 19 October 2023, 7 December 2023, 29 January 2024, 6 February 2024, 22 February 2024, 13 March 2024, 3 April 2024, 22 April 2024, 3 May 2024, 20 May 2024, 8 July 2024, 2 August 2024 and 6 August 2024. This presentation has been approved for release by the Board of Directors. Brazilian REE Landscape EMA Rare Earths Apuí Rare Earths $11M Serra Verde EMA Rare Earths – >1Bt MRE Apuí Rare Earths 30 km south from Apuí Brazilian Rare Earths $557M Caldera Project $220M Rare Earth Clay Deposits 3500 3000 Grade (ppm) 2500 Meteoric Viridis In-Production 2000 1500 Aclara OD6 BRE 1000 Serra Verde Xunwu EMA Harena Ionic 500 Typical IAC Grade Range 0 200 400 600 Tonnes (kt) 800 1000 1200 See Appendix 1 for full reference list Large Resource Base Ema REE Project 2024 Mineral Resource Estimate 977 331M TREO ppm Tonnes Mt 31% 300 MREO:TREO NdPr + DyTb ppm Ema REE Project 2024 Mineral Resource Estimate – by cut-off grade JORC Category cut-off ppm TREO Tonnes Mt TREO ppm NdPr ppm DyTb ppm MREO ppm MREO:TREO % Inferred 0 1,340 694 163 15 178 26 Inferred 500 1,017 793 199 17 216 27 Inferred 600 863 836 218 18 236 28 Inferred 700 685 885 237 20 257 29 Inferred 800 494 936 259 21 280 30 Inferred 900 331 977 278 22 300 31 World’s first fully green REE mine Large Resource Base Lower Capex and Opex , Lower Cut-off Grade utilised, More material can be mined Lower Capital & Operating Cost Large Resource Base Lower Capital ISR offers a lower capital expenditure to first cash flow with no mining costs and fewer processing steps involved to final product. Lower Impact Mining No mining No blasting No waste rock, No noise, No dust and No large tailings dams or large open pits. Eco-friendly chemicals. The future eco-friendly mine Most cost effective Environmentally friendly method of Mining RIGHT RIGHT RIGHT Geology Style of Mineralisation Confining Layer Weathering less than 20m deep Ore grades directly above bedrock Non-fractured bedrock at shallow depths RIGHT Chemistry RIGHT Reagents RIGHT High recoveries and Ionic leaching Reagents with no detrimental effects on the environment MREC with 99% purity Product NO Land Clearing NO Noisy Dusty Tuck Haulage NO Open Pit Mining NO Large Processing Facility NO Dirty Mining Equipment NO Need for Reclamation In-Situ Leach potential − Evaluation work to date says we can Deposit Required Conditions Deposit Conditions Remarks Parent Rock Shallow crustal weathering Excellent Excellent Bedrock at 15-20m depth Deposit Permeability Fine (1-3m / day) Excellent Excellent Initial testing confirms within range. More test work required to confirm The groundwater level coincides with the bedrock Excellent Excellent Water is free draining Occurrence of Bedrock Full confining layer Good Good Dip angle of Ore Gentle tilt Excellent Excellent Thickness of Ore Thick Excellent Excellent Hydrogeological conditions Engineering Conditions EmaApplicability Applicability Ema Evaluation Evaluation 5-10m orezones In-Situ Mining 1 Magnesium Sulfate Solution is injected at top of orebody 2 Solution extracts REE’s from orezone and runs along top of basement 3 Solution carrying REE’s is extracted via pumps 4 The solution is removed of impurities and precipitated to form MREC. 1 4 Top Soil Saprolite Saprock (Orezone) Basement Rock 2 Solution rich in REE flows to extraction holes 3 Field Permeability Testing − Evaluation of clayzone hydraulic conductivity ilicits strong rapid response with very good percolation rates − Drill Hole: TR-158 50L of Water Inserted Into Hole 3 inches 4.42m Elevated Level • • 9.98m Resting Level 50L of water inserted into hole Raises water level by 5.56m, falls within 150mins Level (m) Time (mins) Elevated Water Level 4.42 0 Resting Water Level 9.98 150 Results After 150 mins water level drops by 5.56m Percolation Rate 9 Holes completed to date with similar results Pumping field trials to be conducted during Q3 & Q4 2.22m/hr Lab Diffusion Testing Test mimicks ISR (leaching in the ground) Diffusion Test - MREE Recoveries Leaching Agent − Beaker Glass Fiber Sheet Clay Sludge Bed Recovered MREE Slow Agitation 1 • Test shows REE’s flow through clay easily • Results using different strength MgSO4 reach same value after 30 days 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 Days (0.5M) MgSO4 (0.1M) MgSO4 Substantially Reduced Flow Sheet 1 2 4 3 Aclara and Meteoric Proposed Flow Sheet Top Soil Impurity Removal Precipitation MREC Mining Direction Clays Recycling Water Fertilizer Ionic Exchange Impurity Removal Rare Earths Carbonate Precipitation Mixed Rare Earths Carbonate Saprolite Saprock (orezone) recycled reagents Basement Rock Insitu leach 4 Step process flow sheet Opportunities to substantially reduce CAPEX and OPEX Mining Direction Backfill of Clays to Mine Clays Clays Washing Nanofiltration and Reverse Osmosis Clays Water Rare Earths Tank (VAT) leach 10 Step process flow sheet Commercial ISR Projects Malaysia ISR Mining Rare Earths in Malaysia ISR construction and setup reagent storage • I – inground leaching 2 Impurity removal 3 Precipitation of REE’s 4 Production of MREC • S - simple (tanks and pipes) • R - rapid leaching kinetics enhance the viability • Cost effective • Quick establishment • Low opex https://mcreresources.com/ Magnesium Sulfate Eco friendly reagent Evaluation of MgSO4 shows strong recoveries for • heap leaching – 63% MREE1 • Diffusion testing – similar to Chinese deposits2 Magnesium Sulfate Amonium Sulfate Fully water-soluble, and therefore immediately plant-available Can be harmful to aquatic organisms upon longterm exposure Magnesium is a metal which has a strong ionic bond compared to ammonium and aids leaching losses of Ca, Mg and Al in the leaching process make it difficult for plants to grow reduces production of ammonia nitrogen wastewater can be harmful if used in excess supply the Mg needed by soils century-old industrial process that produces a lot of greenhouse gas impact of nitrogen accumulation on plant species diversity and composition 1. (ASX: BCM) Excellent Heap Leach Recoveries Ema Project 06.08.24 2. (ASX: BCM) Excellent Heap Leach Recoveries Ema Project 06.08.24 Leach Recoveries to Date REE Mining Impurity Removal REE Leaching REE Precipitation MREC Production Test Reagent Target pH Temp °C Leach Duration MREE (%) Leaching Type 1 0.5 (NH4)2SO4 4.5 ambient 2 hrs 68 VAT (tank) leaching 2 0.5M MgSO4 4.5 ambient 18 days 63 Heap Leaching 3 MgSO4 Field pumping trials to commence in Q4 2024 In-Situ Leaching • In-situ leaching trials to commence in the coming months • Leaching with Magnesium Sulfate is the most environmentally friendly reagent as it contains no nitrogen 1. (ASX:BCM) World Leading Recoveries Confirmed at Ema Project 07.05.24 2. (ASX: BCM) Excellent Heap Leach Recoveries Ema Project 06.08.24 Leach Impurities to Date REE Mining mg/l REE Leaching Impurity Removal REE Precipitation MREC Production Uranium (U) Thorium (Th) Aluminium (Al) Iron (Fe) Calcium (Ca) Silica (Si) 0.2 0.02 73 <1 11 6 • Very low uranium and thorium values1 • Impurities can be removed through simple pH adjustment in REE precipitation • Final MREC product needs to meet European, North American and Asian offtake partner specification testing to advance discussions regarding commercial offtake. 1. (ASX: BCM) Ema Project Achieves Low Impurities 02.08.24 Capex - Hard Rock vs Soft Rock Capex 2000 Hard Rock 1.6B Ionic Clay (VAT leach) 1500 1000 Clay (heap leach) 948M 822M 600M 500 173M 0 See Appendix 2. for full capital allocation listing details USD : AUD 0.7 BCM goal (ISR 10-15% of conventional mines1) 1. United States Nuclear Regulatory Commisions www.nrc.gov TradeTech – the nuclear review (October 2016) operating costs Minimal noise, dust, greenhouse gas impact Cost efficiency Responsible mining Lower capital and The most environmentally friendly way to mine Safer for mine workers and surrounding communities Green mining Enhanced protection Minimal visual disturbance Minimal disruption No creation of open holes, waste dumps, leach pads or tailings Waste-free operations The Value of InSitu Recovery • Ionic REE are highly leachable • Rapid leaching kinetics enhance the viability of lower cost ISR mining Work fronts Rare Earths ● ● ● ● Rare Earths Large auger drilling program underway – 240 holes ● Increase MRE from Inferred to Indicated ● Looking for 20 yr minelife as a minimum for scoping study MRE update Q4 2024 ● ● Environmental baseline study awarded ANSTO test work on impurity removal and final product precipitation has commnced Scoping Study to define economics awarded In-Situ leach lab and field trials testwork planning underway Tax Incentive - Sudam − A hub for industrial activity in Brazil. Established in 1967 Incentive Investments in Amazon Development Superintendence (SUDAM) Description Reduces corporate income tax by 55% for a 10 year period Requirements Approval by SUDAM (responsible regulatory agency) “Corporate Income tax reduction from 34% to 15.25%.” Corporate Overview Shares on Issue 1.4C Share Price (13/8/2024) Performance Rights 11.6M Market Cap Board of Directors 830M 8M Jeremy Robinson Non-Executive Chairman Andrew Reid Managing Director Abby Smith Non-Executive Director Brazil Av. Jornalista Ricardo Marinho 360 Ed. Cosmopolitan Sala 113 CEP: 22631-350 Barra da Tijuca – Rio de Janeiro – RJ – Brasil Australia Level 28, 140 St Georges Terrace, Perth WA 6000 Thank You. Date retrieved 16 August 2024 Appendix 1 – Mineral Resources Tonnes (Mt) Grade (ppm) Measured: Indicated: Inferred ratio (Mt) BCM 1017 793 0 : 0 : 1017 Aclara 258 1,452 0 : 0 : 258 Australian Rare Earths 186 712 0 : 0 : 186 Brazilian Rare Earths 485 1071 0 : 0 : 485 Brazilian Rare Earths (ASX:BRE) Prospectus - Part 1 19.12.23 Ionic Rare Earths 617 630 0 : 517 : 99 Ionic Rare Earths (ASX:IXR) Major Increase to Globally Significant Rare Earth Resource 23.06.20 Longnan 48 1,000 0 : 0 : 48 Research Reports Meteoric 740 2,572 11 : 297 : 431 Meteoric Resources (ASX:MEI) Updated Figueira Mineral Resource Estimate 05.08.24 OD6 Metals 628 1,338 0 : 0 : 628 OD6 (ASX:OD6) Mineral Resource Estimate Upgrade Investor Presentation 29.05.24 Serra Verde 911 1,200 n/a Harena Resources 628 895 0 : 0 : 628 https://harenaresources.com.au/ampasindava-rare-earths-project/ VMM 201 2,590 0 : 62 : 139 Viridis Mining and Minerals (ASX:VMM) Globally Significant Colossus Rare Earth Ionic Adsorption Clay Project Maiden Mineral Resource Estimate 04.06.20 West Cobar Metals 83 1,117 0 : 39 : 151 West Cobar Metals (ASX:WC1) Salazar Clay - REE Resource Quadruples 09.08.23 Xinfeng 162 900 n/a Research Reports Xunwu 710 1,100 n/a Research Reports Company Reference Brazilian Critical Minerals (ASX:BCM) Massive Maiden Mineral Resource for Ema Project 22.04.24 Aclara (TSX:ARA) Aclara announces 77% increase in inferred mineral resources at Carina Module In Goias, Brazil 09.08.24 Australian Rare EARTHS (ASX:AR3) 84% Increase in Resource for Koppamurra REE Project 19.03.24 Research Reports Date retrieved 16 August 2024 Appendix 2 – Capex Requirementss Capital AUD$M Level of Assessment Deposit Type Final Product Arafura 1,590 DFS Hard Rock oxides Arafura Rare Earths Ltd (ASX:ARU) Nolans Project Update 11.11.22 Aclara 822 Scoping study Ionic Clay MREC Hastings 948 DFS Hard Rock MREC Ionic Rare Earths 173 DFS Clay MREC Meteoric Resources 600 Scoping study Ionic Clay MREC Aclara (TSX:ARA) Aclara delivers a positive PEA for its Carina project in Goias, Brazil 23.01.24 Hastings (ASX:HAS) YANGIBANA PROJECT UPDATE Staged development to reduce project delivery risk and enable faster pathway to cash flow 31.05.23 Ionic Rare Earths (ASX:IXR) MAKUUTU STAGE 1 DFS CONFIRMS TECHNICAL AND FINANCIAL VIABILITY FOR SUSTAINABLE, LONG-LIFE OF MAGNET AND HEAVY RARE EARTHS, MAIDEN ORE RESERVE ESTIMATE 20.03.23 Meteoric Resources (ASX:MEI) Caldeira Project Scoping Study confirms potential for the world’s lowest cost source of rare earths with outstanding financial metrics 08.07.24 Company Reference