PROPERTY, PLANT AND EQUIPMENT (Tables)

12 Months Ended

Dec. 31, 2025

Property Plant And Equipment

Schedule of Property, plant and equipment


		Mineral properties				Land and buildings				Furniture, fixtures and equipment				Plant and machinery				Right of use assets				Assets under construction				Total
Net book value at December 31, 2024			312,312				51,948				9,835				63,692				29,609				143,388				610,784

Additions			79,312				9,379				1,940				4,236				6,926				103,251				205,044
Bluestone acquisition			46,990				20,337				96				1,980				-				5,818				75,221
Mineração Serra Grande acquisition			89,833				34,334				37				10,410				3,186				5,046				142,846
Depletion and amortization			(33,925	)			(13,025	)			(3,378	)			(24,314	)			(12,229	)			-				(86,871	)
Transfers			41,425				12,756				-				182,332				-				(236,513	)			-
Disposals			(1,171	)			(181	)			(247	)			(60	)			(11	)			-				(1,670	)
Net book value at December 31, 2025			534,776				115,548				8,283				238,276				27,481				20,990				945,354
Consisting of:
Cost			831,232				651,468				576,669				773,741				584,944				452,445				3,870,499
Accumulated Depreciation			(296,456	)			(535,920	)			(568,386	)			(535,465	)			(557,463	)			(431,455	)			(2,925,145	)
Net book value at December 31, 2025			534,776				115,548				8,283				238,276				27,481				20,990				945,354

		Mineral properties				Land and buildings				Furniture, fixtures and equipment				Plant and machinery				Right of use assets				Assets under construction				Total
Net book value at December 31, 2023			318,651				53,861				10,719				62,138				37,814				5,550				488,733

Additions			28,921				7,216				1,102				11,873				2,711				137,848				189,671
Depreciation			(34,304	)			(8,732	)			(1,796	)			(6,984	)			(10,916	)			-				(62,732	)
Disposals			(956	)			(397	)			(190	)			(3,335	)			-				(10	)			(4,888	)
Net book value at December 31, 2024			312,312				51,948				9,835				63,692				29,609				143,388				610,784
Consisting of:
Cost			574,843				136,822				26,609				192,955				54,952				143,388				1,129,569
Accumulated Depreciation			(262,531	)			(84,874	)			(16,774	)			(129,263	)			(25,343	)			-				(518,785	)
Net book value at December 31, 2024			312,312				51,948				9,835				63,692				29,609				143,388				610,784

		Mineral properties				Land and buildings				Furniture, fixtures and equipment				Plant and machinery				Right of use assets				Assets under construction				Total
Net book value at December 31, 2022			242,858				43,667				13,292				20,267				44,437				14,011				378,532

Additions			45,261				5,027				717				4,465				3,584				46,345				105,399
Borborema Inc acquisition (Note 5)			54,054				-				-				-				-				-				54,054
Transfers			1,637				11,239				(1,777	)			43,707				-				(54,806	)			-
Depreciation			(24,895	)			(5,868	)			(1,433	)			(6,301	)			(10,031	)			-				(48,528	)
Disposals			(264	)			(204	)			(80	)			-				(176	)			-				(724	)
Net book value at December 31, 2023			318,651				53,861				10,719				62,138				37,814				5,550				488,733
Consisting of:
Cost			546,878				130,003				25,697				184,417				52,241				5,550				944,786
Accumulated Depreciation			(228,227	)			(76,142	)			(14,978	)			(122,279	)			(14,427	)			-				(456,053	)
Net book value at December 31, 2023			318,651				53,861				10,719				62,138				37,814				5,550				488,733