OVERVIEW

Silix Mineração is a Lion Group portfolio company focused on high-purity, low-iron natural quartz in Mascote, Bahia.

Silix is fully licensed and operating, with established mining and physical beneficiation infrastructure and access to multiple Atlantic export routes. The investment thesis is supported by the natural quality of the quartz, its low-iron profile, existing logistics and a clear pathway toward higher-value applications.

The material has been tested by laboratories and counterparties in Japan, China and other international markets, with results supporting its high purity and upgrading potential.

Expansion Strategy

Silix is currently commissioning an upgraded beneficiation plant aimed at producing 4N material, above 99.99% SiO₂, at industrial scale. The new configuration incorporates additional physical processing, including aeroclassification, and builds on laboratory work that has already demonstrated the technical potential to reach 4N purity.

The objective is to move Silix progressively into higher-value markets where low iron, impurity control and consistent particle size are critical.

Infrastructure & Logistics

• Road access to BR-101

• Export alternatives through Ilhéus, Enseada and Salvador

• Existing mining and beneficiation infrastructure

Investment Highlights

Operating & fully licensed

Low-iron natural quartz

Existing beneficiation infrastructure

4N processing expansion under commissioning

Aeroclassification

International testwork and qualification

Export optionality via Ilhéus, Enseada and Salvador.

GOVERNANCE

Aluizio Dutra

Responsible Executive

[email protected]

Thereza Mello

Strategic Partnerships

[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.

View Silix Investment Teaser

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.