Brazilian Critical Minerals Limited (ASX:BCM)

ALERT: Price-sensitive ASX Announcement for BCM

Current share price for BCM : $0.043 0.003 (7.50%)⁺

Announcement

Quarterly Activities/Appendix 5B Cash Flow Report

Release

24 Jul 2026 4:13PM

Price at Release

$0.040

Full Release

Summary

The Quarterly Activities/Appendix 5B Cash Flow Report for Brazilian Critical Minerals Limited (BCM) outlines key financial and operational updates as of June 30, 2026. The company has completed a Bankable Feasibility Study (BFS) with a capital expenditure of US$74M, inclusive of a CO2 capture system. The study projects a post-tax net present value (NPV) of US$1.47 billion and an internal rate of return (IRR) of 105%. The updated mineral resource estimate now stands at 1.07 billion tonnes. BCM has also formed a strategic partnership with Southern Alliance Mining. Financially, the company has cash and cash equivalents of A$4.4M, with a negative cash flow from operations. The company received crucial permitting approvals from Brazil and pre-approval for its R&D activities under Australia's Tax Incentive program.

Key Points

Stage 1 of the Bankable Feasibility Study (BFS) requires a US$74M capital expenditure.
The BFS includes a US$19M CO2 capture storage system for production volumes of Stage 1 and 2.
Post-tax Net Present Value (NPV) of US$1.47 billion and an Internal Rate of Return (IRR) of 105% over the project life.
Updated JORC 2012 Mineral Resource Estimate stands at 1.07 billion tonnes.
The company signed a collaboration agreement with Southern Alliance Mining.
Cash and cash equivalents at the end of the quarter are A$4.4M.
Net cash flow from operating activities was negative A$1.188M for the current quarter.
Permitting approval from Brazil’s National Mining Agency (ANM) was received.
Research and Development activities were pre-approved under Australia's R&D Tax Incentive program.

IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.