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5 July 2017 Update ‐ Mt Marion Lithium Operations Mineral Resources Limited (ASX: MIN) and Neometals Ltd (ASX: NMT) advise that pursuant to the terms of the Offtake Agreement with their partner, Ganfeng Lithium, effective from 1 July 2017 the price payable per dry metric tonne of 6% spodumene concentrate produced at Mt Marion and delivered CFR China (Incoterms 2010) increased from US$750 to US$841. ENDS For further information, please contact: Chris Reed Managing Director Neometals Ltd T: +61 8 9322 1182 E: [email protected] Simon Rushton Joint Company Secretary Mineral Resources Limited T: +61 8 9329 3600 E: [email protected] For personal use only

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5 July 2017

Update ‐ Mt Marion Lithium Operations

Mineral Resources Limited (ASX: MIN) and Neometals Ltd (ASX: NMT) advise that pursuant to the terms of the Offtake Agreement with their partner, Ganfeng Lithium, effective from 1 July 2017 the price payable per dry metric tonne of 6% spodumene concentrate produced at Mt Marion and delivered CFR China (Incoterms 2010) increased from US$750 to US$841.

ENDS

For further information, please contact:

Chris Reed Managing Director Neometals Ltd T: +61 8 9322 1182 E: [email protected]

Simon Rushton Joint Company Secretary Mineral Resources Limited T: +61 8 9329 3600 E: [email protected]

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