Two years on from export bans on rare earths - two years for western companies to work on building out new supply chains… and China still controls ~90% of the world's rare earth magnet supply chain. The US has so far committed more than US$565M to Brazilian rare earths projects and just last month, USA Rare Earths agreed to pay US$2.8BN for a producing rare earths mine in Brazil. Most of the activity is centred around one region in Brazil - Poços de Caldas. Precisely where our Investment, the $44M capped @PowerMin_PNN $PNN ’s project sits. Read more here: bit.ly/4uDnvjN Disc: 7,338,223 PNN Shares held and 4,399,786 PNN Options held.

PNN Launches Drilling Campaign As US REE Interest Surges and Prices Explode | $PNN Media coverage by Undiscovered Alpha. Read more: undiscoveredalpha.com/2026/0…

Alistair Stephens joins me on LEVRD to break down the Power Minerals $PNN story and why the Morro do Ferro rare earth project in Brazil is a bit different. We get into: - The acquisition of Morro do Ferro - Extremely high-grade TREO and magnetic REE results - How the project compares to neighbouring Brazilian rare earth plays - The strategic importance of NdPr, Dy and Tb - Exploration upside and metallurgy - Why major players may eventually care about the district A deep dive into rare earths, geopolitics, Brazil and what could separate Morro do Ferro from the pack. Youtube - youtu.be/3Vo7XX7wEfM Spotify - open.spotify.com/episode/7HI… #RareEarths #CriticalMinerals #Brazil #PowerMinerals #REE

This bodes extremely well for @novaminerals This capital from the US will be on the back of the Antimony which has a grade approx 0.1% Sb The $NVA partnership with #AM3 is focussed primarily on the antimony. The recent results at Lauriston suggest a high-grade discovery. A reminder the strategic agreement secures Nova Minerals a First Right of Refusal (FROR) on any future antimony offtake agreements from Adelong's projects. A lot to play out here.

• Costerfield is currently Australia’s only source of antimony production (in the same region as Lauriston) The antimony grade in their most recent Mineral Resource update (June 30, 2025) was 2.3% Sb in addition to their gold grade. The Sunday Creek deposit being developed by Southern Cross Gold has an antimony grade range of 0.8-0.9% Sb in addition to the gold grade in their reported Exploration Target for the deposit (March 2025). •The mineralisation at Trojan (and Lauriston more broadly) has the hallmarks of an epizonal orogenic deposit which means they formed in a shallow crustal setting (<5km). These type of systems are represented in Victoria by the highly-valuable Fosterville, Costerfield and Sunday Creek Deposits which have often shown considerable improvement in grade at depth. Bring on the deeper drilling. • This is the first time this area has been drilled and all the first six holes at Trojan compare well with high grade antimony. Gold grades have been variable but up to 10 g/t Au in the initial holes. These type of epizonal systems have shown improvement in grade at depth elsewhere in similar geological domains in Victoria. This is exactly why Nova Minerals is strategically aligned, on the back of the 43m USD DoD funding. Both companies are of the view this is a discovery. More to follow so stay tuned #AM3 @novaminerals

“These are extraordinarily high numbers, so it gives me a severe amount of confidence this project really has the tangibles to get to production quickly and be a world-class asset.” – $PNN CEO Alistair Stephens on the Morro do Ferro Rare Earths Project in Brazil. @PowerMin_PNN was featured in Kristie Batten’s latest @StockheadAU column, highlighting the upcoming maiden drilling campaign at Morro do Ferro, the Project’s exceptionally high-grade TREO and MREO results, and the unique ‘Manifesto’ mining title with no expiry date. The article also covers Power’s pathway toward a maiden Mineral Resource Estimate and future development, along with Alistair’s rare earths background including his previous role at Lindian Resources. Read the full article here: stockhead.com.au/resources/k… #ASX $PEIMF #RareEarths #CriticalMinerals #Brazil #REE #MREO #Mining

. @PowerMin_PNN featured in the latest Far East Capital Weekly Commentary, with Morro do Ferro positioned as a potentially standout rare earths asset in Brazil. The note highlights the project’s unusually high grade, pointing to ~5% TREO, or around 20x higher than typical clay-hosted deposits, and suggests it “could actually be better than Lindian’s Kangankunde project.” With 100% $PNN ownership secured, upcoming drilling and expected news flow, the report frames Morro do Ferro as the key driver as the story moves toward defining scale and development potential.

CEO Alistair Stephens is currently on site at our Morro do Ferro Rare Earth Project in Minas Gerais, Brazil, where he has been reviewing the project’s unique tenure position and historical drilling as we progress toward finalising the acquisition. As Alistair highlights in the video, Morro do Ferro is held under a rare Manifesto de Mina title first issued in 1946. The title provides rights over both the land surface and mineral rights, with no expiry date. The visit has also reinforced the quality of the historical work completed at site, with drill collars, core and samples well preserved. Previous drilling has delivered exceptional rare earth results, including broad intercepts above 5% TREO, grades of 8% to 10%, and intervals up to 25% TREO. As Alistair said from site, “This is going to be a fantastic project with some fantastic results coming in the near term. So stay tuned.” $PNN $PEIMF #ASX #RareEarths #Brazil #CriticalMinerals #Mining #Exploration #MorrodoFerro

Bodes well for $PNN and $AGY!

CEO Alistair Stephens is on site at our Santa Anna Project in Goiás State, Brazil, working alongside our exploration team. As Alistair said from site, “I’m very encouraged with what I’m seeing at Santa Anna. I think the project’s got a lot of legs to go forward in terms of its results, its capability.” Santa Anna is a carbonatite complex of approximately 2.5–3km in diameter, with less than 10% of the total area explored to date, yet already delivering positive results for both niobium and rare earths. With near-surface mineralisation and strong infrastructure in place, the project continues to demonstrate clear development advantages. 📽️Watch more below 👇 #ASX $PNN $PEIMF #Niobium #RareEarths #Brazil

I visited the CIT SENAI facility in Belo H in 2025 and saw Brazil’s capability in RE magnet manufacturing. Brazil combines high-quality resources, low costs, with processing and manufacturing capability. #RareEarths #CriticalMinerals #MagnetSupplyChain #Brazil

Stockhead's Tylah Tully sits down with @PowerMin_PNN new CEO Alistair Stephens to discuss what attracted him to the role and why now is a pivotal moment for the company. buff.ly/Azb65hV #ASX

CMOC's Brazilian Niobium assets in Goias (same province as Santa Anna) represent one of the world's most significant high-grade deposits: Total Resource is 602.9 million tonnes (Mt) at a grade of 0.43% Nb₂O₅. CMOC Group acquired this project operation US$1.015 billion. $PNN Santa Anna project will shortly have an initial MRE which should clearly outline the potential size and upside for this amazing project. I don’t think shareholders fully understand the value of this project, yet.

Part of the team presenting our projects in New York on a key US roadshow. Australian Technical team in Brazil finalising due diligence on the high grade REE acquisition. In country geo running the 10,000m REE/Nb drilling campaign which is underway at Santa Anna. Corporate team in advanced discussions to for our lithium projects. $PNN shareholders this is our time to shine.

Approx. 10% of the project drilled to date with a 10,000m drilling campaign to commence any day now. The recently completed drone aerial magnetic–digital elevation model (DEM) survey over the entire complex will be used to prioritise drilling high-grade niobium mineralisation targets. With previous hits below and a much better understanding of potential high grade REE /Nb targets, $PNN is well positioned to unlock the real value of this excellent project. o 14m at 17,944ppm (1.79%) TREO from surface to EOH in drillhole MN-AC-007, including: · 5m at 28,516ppm (2.85%) TREO from 1m, including · 1m at 62,027ppm (6.20%) TREO from 4m including 7,572ppm (or 0.76%) NdPr o 10m at 10,204ppm (or 1.02%) Nb2O5 from 2m in drillhole MN-RC-04 including o 3m at 18,151ppm (or 1.82%) Nb2O5 from 4m o 51m at 11,641ppm (1.16%) TREOfrom surface to EOH in drillhole MN-RC-009, including: · 3m at 42,592ppm (4.26%) TREO from 6m including · 1m at 55,004ppm (5.50%) TREO from 8m and · 6m at 30,100ppm (3.01%) TREO from 28m including · 1m at 52,866ppm (5.29%) TREO from 28m · 4m at 28,827ppm (or 2.88%) TREO from 9m, containing 26.5% MREO, including · 15m at 4,319ppm Nb2O5 from surface to EOH including · 3m at 7,522ppm Nb2O5 from 11m · 4m at 9,849ppm Nb2O5 from 18m in drillhole MN-RC-002 including • 1m at 3,3578ppm (or 3.36%) Nb2O5 from 19m o 24m at 12,748ppm (1.27%) TREOfrom surface to EOH in drillhole MN-AC-031, including: