Homerun begins road works for Santa Maria Eterna hub

Executive Summary

• Homerun Resources Inc. confirms that road improvement works are underway in Santa Maria Eterna, Bahia, Brazil, which will service the company's planned silica processing and solar glass industrial hub.
• The infrastructure project connects the BA-274 and BA-982 highways to the federal BR-101 highway, directly improving logistics access to the project site.
• The project is primarily financed by the Brazilian federal government through the Ministry of Transport, with a specific line item in the 2026 draft federal budget allocating 15 million Brazilian reals for the construction.

Key Details

• Project Scope: Road improvement works including grading, compaction, material placement, and water-truck operations along the Santa Maria Eterna corridor.
• Logistics Route: The new road connects BA-274 and BA-982, providing direct access to BR-101, the principal federal highway in the region.
• Financing:
  • Primary funding source: Federal government of Brazil via the Ministry of Transport (Union budget).
  • Executing entity: State of Bahia.
  • Budget Allocation: 15 million Brazilian reals allocated under the 2026 draft federal budget (PLOA 2026).
  • Specific Line Item: "BA-274 (Santa Maria Eterna) -- Entr. BA-275(A) (Itapebi)" under Code 1C09 (construction of road section).
• Strategic Context:
  • The road improvements support the development of a silica processing plant and a large-scale solar glass factory in Santa Maria Eterna.
  • The works fulfill infrastructure and logistics access commitments outlined in a Memorandum of Understanding (MoU) disclosed on May 13, 2025, involving CBPM, Bahia state government entities, the municipality of Belmonte, and Bahiagas.
  • This follows a previous announcement on December 15 regarding the municipality of Belmonte's commitment to pave approximately five kilometers of road connecting Santa Maria Eterna to BR-101.
• Operational Impact: The improvements materially enhance all-weather access, reduce future haulage risk, and lower logistics costs for potential silica and solar glass operations.

Notable Quotes

• "The commencement of construction on the BA-274/BA-982 connection is an important early demonstration of this institutional support. The works now under way materially improve all-weather access between Santa Maria Eterna and BR-101, reduce future haulage risk, and logistics costs for potential silica and solar glass operations, and visibly anchor the region's transition toward an industrial hub based on high-purity silica and advanced glass manufacturing."