Centaurus Metals (CTM) Corporate Presentation summary

Strategic positioning and assets

• Over 15 years of operational experience in Brazil with a respected in-country team and strong local relationships.

• Focus on critical minerals: nickel, copper, and iron, with flagship Jaguar Nickel Project and emerging Boi Novo copper-gold discovery.

• Well-funded with approximately $18 million in cash and no debt, supporting ongoing project development.

• Commitment to low-carbon operations, leveraging Brazil’s renewable energy grid for sustainable mining.

Jaguar Nickel Project highlights

• World-class resource: 138.2Mt at 0.87% Ni for 1.2Mt contained nickel, among the highest-grade undeveloped nickel sulphide deposits globally.

• Feasibility Study (FS) completed, targeting Final Investment Decision (FID) in 2025; 18-year mine life with 18.7ktpa Ni production.

• First quartile AISC of US$3.57/lb and post-tax NPV of A$997 million, with low upfront capital of US$371 million.

• Class-leading ESG credentials: 7.27t CO2/t Ni, strong community engagement, and robust environmental programs.

• High-grade, near-surface ore supports early capital payback; pilot plant produced 34% Ni concentrate with low impurities.

Project development and funding

• Environmental approvals on track: key licences issued, mining lease application approved, and installation licence expected Q1 2025.

• Value engineering underway to optimize open pit and underground potential, aiming to increase resource conversion and reduce costs.

• Strategic partnering and equity discussions advancing, with strong interest from global EV value chain and financiers.

• Selected by BNDES for Brazil Climate and Ecological Transformation Investment Platform, opening new funding avenues.