MINERAL COMMODITIES LTD — Earnings Release 2016

Aug 30, 2016

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Mineral Commodities Ltd

ABN 39 008 478 653

40 Murray Road North Welshpool WA 6106, Australia PO Box 235, Welshpool DC WA 6986, Australia Telephone: 61 8 6253 1100 Facsimile: 61 8 9258 3601 Email: info@mncom.com.au Web: www.mncom.com.au

31 August 2016

MRC REPORTS HALF YEARLY EBITDA OF US$6.1M

Mineral Commodities Ltd (“ MRC ” or the “ Company ”) today announced half yearly Earnings Before Interest Tax, Depreciation and Amortisation (EBITDA) of US$6.1 million, Profit before tax of US$4.4 million and profit after tax of US$2.9 million.

The result was underpinned by sales of 20,852 tonnes of Zircon/Rutile. Executive Chairman Mr Mark Caruso stated “ the solid performance in the first half of the year is even more pleasing given the results were delivered without any garnet sales for the period and a reduction in zircon pricing during the period.”

Mr Caruso further added; “ Garnet sales will recommence in the second half of the year and there is potential upside of ilmenite sales commencing due to an uplift in global demand for titanium feedstock.”

Cash at the end of the period of US$2.8 million was after paying a dividend of A$4 million. The Company will continue to assess its capital management policy and seek to maintain its ability to pay a final dividend for the full year results to 31 December 2016.

FOR FURTHER INFORMATION PLEASE CONTACT:

Mr Mark Caruso Executive Chairman / CEO Mineral Commodities Ltd