Centaurus Metals (CTM) Corporate Presentation summary

Investment highlights and corporate overview

• Over 15 years of operational experience in Brazil with a strong in-country team and diversified asset base across nickel, copper, and iron ore projects.

• Well-funded with approximately $20 million in cash and no debt, supporting ongoing project development.

• Board and management team with deep industry expertise and a clean corporate structure; top-20 holders own 67.3% of shares.

• Strategic focus on building a pipeline of critical mineral projects to benefit shareholders and local communities.

Key projects and resources

• Jaguar Nickel Project: 138.2Mt at 0.87% Ni for 1.2Mt contained nickel, one of the highest-grade undeveloped nickel sulphide deposits globally.

• Boi Novo Project: Emerging IOCG copper-gold discovery in Carajás, with initial drilling intersecting high-grade breccia-hosted copper and wide disseminated zones.

• Jambreiro Iron Ore Project: JORC Resource of 127.2Mt and Ore Reserve of 48.5Mt, targeting high-grade, low-impurity DR pellet feed product.

Jaguar Nickel Project: development, economics, and ESG

• Feasibility Study complete; FID targeted for Q2 2025, with first production expected in H2 2027.

• 18,700tpa Ni production over 18 years, with a post-tax NPV of A$997 million and IRR of 31%.

• Low up-front capital of US$371M and first quartile AISC of US$3.57/lb, supported by low-cost renewable power.

• Class-leading ESG credentials: 7.27t CO2/t Ni, lower than 94% of global nickel production.

• Significant upside potential from underground resources and mine plan optimization.