OVERVIEW

Lion Mining is one of Lion Group’s principal operating investments and an important part of the founder’s mining track record* in Brazil.

Based in Piripiri, Piauí, Lion Mining began operations in 2022 and has developed three iron ore mines — Piripiri 1, 2 and 3 — producing lump and fines for domestic and international markets.

The company has approximately 2 Mtpa of installed capacity and has completed approximately 30 export shipments. The investment forms an important part of Lion Group’s track record* in backing and scaling mining businesses in Brazil, with Lion Mining developing production, logistics and international market access through its own operating structure.

*Active participation in the development of new mining and export infrastructure, including support for the establishment of the Porto Piauí mineral export corridor.

Investment Highlights

Operating since 2022

Three operating mines

~2 Mtpa installed capacity

~30 export shipments

Domestic & international markets

Access to Porto Piauí

Lion Mining historically exported through Pecém and transitioned shipments toward the new Porto Piauí export corridor in 2026.

GOVERNANCE

Responsible Executive

Jader Fernandes is Chemical Engineer from the Federal University of Ceará (UFC), with a specialization in Oil Well Drilling Fluids and MBAs in Project Management and Tax Management from Fundação Getulio Vargas (FGV).

After working as a Project Manager and Fluids Engineer on oil and gas platforms, he transitioned into entrepreneurship, leading businesses across the food industry, freight transportation, circular economy and mining sectors. His diverse experience drives innovative ideas and pioneering projects.

Jader Fernandes

Responsible Executive

[email protected]

Lion Group’s Role

Lion Group is a long-term shareholder and active strategic investor in Lion Mining, participating closely in the company’s development, commercial strategy, logistics and growth decisions.

Visit Lion Mining Website

The information contained on this website is provided for general informational purposes only and does not constitute an offer to sell, or a solicitation of an offer to buy, any security, investment or financial product.

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.

Lion Group’s portfolio companies are separate legal entities with their own management, governance, mineral rights, licences and operating responsibilities. Information regarding individual portfolio companies is provided for general corporate information only.

© 2026 by Lion Mining Group.