OVERVIEW

Pedra Branca is one of Lion Group’s strategic development investments, providing exposure to natural flake graphite together with nickel, copper and PGE exploration potential in Ceará, Brazil.

The asset combines more than two decades of geological, metallurgical and engineering work with a new phase of modern resource definition and development. It has also been selected under the European Commission’s GREEN Assist / InvestEU support framework through the GRAPHEUS initiative, reinforcing its relevance to diversified European critical-mineral supply chains.

Historical technical work includes drilling, mineral characterization, beneficiation studies and a comprehensive Pre-Feasibility Study completed by MAN Ferrostaal. Independent metallurgical testwork was subsequently carried out by Fundação Gorceix, providing an important technical foundation for the current development phase.

Current Development

The project is undergoing a new generation of drilling, geological interpretation, QA/QC and 3D modelling, with a JORC Mineral Resource Estimate expected in September 2026.

Natural flake graphite remains the principal development focus, while recent geological work has identified nickel, copper and PGE mineralisation, providing additional exploration upside and the potential for multiple development pathways.

Infrastructure & Logistics

Pedra Branca benefits from paved-road infrastructure, regional power and water availability, access to Atlantic export logistics through the Port of Pecém, and existing environmental licences, including both an Installation Licence (LI) and Operating Licence (LO).

•The asset is strategically positioned within efforts in Europe and North America to develop diversified, non-Chinese supply chains for graphite and other critical minerals.

Investment Highlights

20+ years of technical work

Graphite–Ni–Cu–PGE potential

JORC MRE expected September 2026

LI + LO

Established Atlantic logistics

Responsible Executive

Marcelo Madeira is Executive and founder with 20+ years of experience in business development and strategic partnerships, combining multinational experience with mining entrepreneurship. Former executive at Dell EMC, CA Technologies/Broadcom, BMC Software, and Riverbed, with Vale, Usiminas, and Acesita among his key clients.

Marcelo Madeira

Responsible Executive

[email protected]

Lion Group, Investor Relations & Strategic Partnerships

Thereza Mello has 18 years of experience in the global mining and commodities industry, with a career spanning Brazil, Switzerland, Singapore and the Middle East. A former Glencore iron ore head trader for LatAm, she leads investor relations and strategic partnerships for Lion Group, supporting Pedra Branca’s international positioning, strategic partnerships and development.

Thereza Mello

Investor Relations & Strategic Partnerships

[email protected]

Lion Group’s Role

Lion Group is the long-term shareholder and active strategic investor behind Pedra Branca, participating in the project’s technical revalidation, development strategy, institutional positioning, financing and strategic partnerships.

View Pedra Branca Investment Teaser

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Certain information relating to mineral projects may include exploration targets, historical estimates, forward-looking statements and development objectives that are subject to technical, regulatory, financing and market risks. Unless expressly stated otherwise, such information should not be interpreted as a current Mineral Resource or Mineral Reserve under any recognised reporting standard.

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