Mineral Resources Limited

Tonight our Osborne Park head office will shine in rainbow colours as we celebrate the start of PrideFEST. We’re proud to create a workplace where everyone can be their true selves, knowing they are welcomed into a safe, supportive environment every day. We believe an inclusive and diverse workplace isn’t just healthier and happier, it’s more innovative and productive. Our ongoing commitment is to ensure every voice is celebrated as part of the MinRes community. Learn more about our focus on diversity at our website. Link in the comments.

Today our 2025 Annual General Meeting was held at Mineral Resources Park in Perth. Independent Non‑Executive Chair Malcolm Bundey addressed the meeting with an update on the company’s ongoing focus on governance and financial discipline, outlining progress made over the past year to strengthen frameworks, enhance transparency and support long‑term performance. Managing Director Chris Ellison followed with a business update recognising a year of significant operational achievement headlined by the successful delivery and ramp‑up of Onslow Iron – a project that reflects the capability and commitment of our teams and partners. Thank you to all shareholders who attended our 2025 AGM in person and online.

Nine-year-old Kaiden Rogers bravely lives with Duchenne muscular dystrophy – a condition that has taken away his ability to walk. For Kaiden and his mum Maddison, that’s meant relying on costly taxi trips to get around. Thanks to Western Australian Motor Industry Foundation Inc (Wheels for Hope), Telethon7 and MinRes, Maddison now has the keys to a brand new wheelchair-accessible van giving her and Kaiden the freedom to travel safely and comfortably together. This van is one of two purchased with the support of MinRes’ contributions to Telethon, helping WA families when they need it most. Learn more about Kaiden’s journey at our website. Link in the comments.

Together with Telethon and King Edward Memorial Hospital, we're proud to see this cutting-edge technology support WA families. 💜

Onslow Iron has safely completed a 48-hour planned maintenance shutdown at our Port Operations. This routine work was scheduled in the lead-up to the summer period and regular ship loading operations have now resumed. Learn more about Onslow Iron at our website. Link the comments.

We’re pleased to welcome the MV SG Horizon to our Onslow Iron anchorage for the first time. This brand new Newcastlemax vessel has been chartered directly from shipyard owner NYK and will be dedicated to Onslow Iron for a year, undertaking 12 consecutive voyages. After departing Japan last month, SG Horizon has now arrived ready to load around 209,000 metric tonnes of product. In December, her sister vessel – MV SG Lagoon – will join the fleet for the first of 22 consecutive voyages. Both vessels feature dual-fuel LNG/marine fuel technology, supporting more flexible and lower-emission operations. Learn more about Onslow Iron at our website. Link in the comments.

MinRes has signed a binding agreement with POSCO Holdings to form a new incorporated joint venture that will support the continued growth of our world‑class lithium business. The new entity will hold MinRes’ existing 50% interests in the Wodgina and Mt Marion lithium operations and assets, of which POSCO Holdings will acquire a 30% interest for US$765 million. Under the terms of the agreement, MinRes will continue to operate both mines in line with current joint venture arrangements with Albemarle Corporation at Wodgina and Ganfeng Lithium at Mt Marion. This partnership affirms the quality of our lithium portfolio and supports POSCO Holdings’ ambitions in downstream battery chemicals supply. Full details are available at our website. Link in the comments.

Momentum continues across our Iron Ore operations following a strong performance Q1 FY26, when total shipments reached a record 11.4 million wet metric tonnes. Onslow Iron shipped 8.6M wmt – up 50% on the prior quarter – while Pilbara Hub shipments grew 9%. Read more in our Q1 FY26 Quarterly Activity Report. Link in the comments.

Congratulations to MinRes Metallurgy Manager Lee van der Meulen, who has been named a finalist for the Technology Award in the 2025 CME Women in Resources Awards. Lee's recognition follows her significant effort taking our Ken’s Bore laboratory from concept through to commissioning. As Australia’s first semi‑automatic mining laboratory, the facility has already delivered significant benefits to the Onslow Iron project – doubling sampling capacity to 500 per day and streamlining repetitive and manual processes. Well done, Lee, and best of luck in the awards!

We're proud to work alongside Aboriginal-led businesses across our operation to help bring skills, innovation and opportunity to people and communities on Country. MinRes partner Ngarliya Contracting is drawing on deep local knowledge and technical capability to supply an ungraded, fit-for-purpose fleet of emergency response vehicles to help ensure this essential equipment meets the unique needs and high safety standards of our operations. Learn more about our partnership with Ngarliya on our website. Link in the comments.