MINERAL RESOURCES LIMITED — Major Shareholding Notification 2021

Feb 2, 2021

604 Page 1 of 3 15 July 2001

Form 604

Corporations Act 2001

Section 671B

Notice of change of interests of substantial holder

To Company Name/Scheme

RESOURCE DEVELOPMENT GROUP LIMITED

ACN/ARSN ACN 149 028 142

1. Details of substantial holder (1)

Name MINERAL RESOURCES LIMITED

ACN/ARSN (if applicable)

ACN 118 549 910

There was a change in the interests of the substantial holder on 29 / 01 / 2021 The previous notice was given to the company on 17 / 06 / 2020 The previous notice was dated 17 / 06 / 2020

2. Previous and present voting power

The total number of votes attached to all the voting shares in the company or voting interests in the scheme that the substantial holder or an associate (2) had a relevant interest (3) in when last required, and when now required, to give a substantial holding notice to the company or scheme, are as follows:

ompany or scheme, are as follows:
Class of securities (4)	Previous notice		Present notice
	Person’s votes	Voting power(5)	Person’s votes	Voting power(5)
Fully paid ordinary shares	1,897,587,201	75.00%	1,897,587,201	67.53%

3. Changes in relevant interests

Particulars of each change in, or change in the nature of, a relevant interest of the substantial holder or an associate in voting securities of the company or scheme, since the substantial holder was last required to give a substantial holding notice to the company or scheme are as follows:

Date of change	Person whose relevant interest changed	Nature of change (6)	Consideration given in relation to change (7)	Class and number of securities affected	Person's votes affected
29/01/2021	Mineral Resources Limited	Reduction in voting power resulting from the issue of additional fully paid ordinary shares by the Resource Development Group Limited	nil	1,897,587,201	1,897,587,201

604 Page 2 of 3 15 July 2001

4. Present relevant interests

Particulars of each relevant interest of the substantial holder in voting securities after the change are as follows:

Holder of relevant interest	Registered holder of securities	Person entitled to be registered as holder (8)	Nature of relevant interest (6)	Class and number of securities	Person's votes
Mineral Resources Limited	Mineral Resources Limited	Mineral Resources Limited	Fully paid ordinary shares	1,897,587,201 fully paid ordinary shares	1,897,587,201 fully paid ordinary shares

5. Changes in association

The persons who have become associates (2) of, ceased to be associates of, or have changed the nature of their association (9) with, the substantial holder in relation to voting interests in the company or scheme are as follows:

Name and ACN/ARSN (if applicable)	Nature of association
	Refer Annexure A

6. Addresses

The addresses of persons named in this form are as follows:

Name	Address
Mineral Resources Limited	1 Sleat Road, Applecross WA 6153

Signature

print name sign here	Derek Oelofse capacity Group Financial Controller/Company Secretary
	date 03/02/2021

DIRECTIONS

• (1) If there are a number of substantial holders with similar or related relevant interests (eg. a corporation and its related corporations, or the manager and trustee of an equity trust), the names could be included in an annexure to the form. If the relevant interests of a group of persons are essentially similar, they may be referred to throughout the form as a specifically named group if the membership of each group, with the names and addresses of members is clearly set out in paragraph 6 of the form.

• (2) See the definition of "associate" in section 9 of the Corporations Act 2001.

• (3) See the definition of "relevant interest" in sections 608 and 671B(7) of the Corporations Act 2001.

• (4) The voting shares of a company constitute one class unless divided into separate classes.

• (5) The person's votes divided by the total votes in the body corporate or scheme multiplied by 100.

• (6) Include details of:

• (a) any relevant agreement or other circumstances because of which the change in relevant interest occurred. If subsection 671B(4) applies, a copy of any document setting out the terms of any relevant agreement, and a statement by the person giving full and accurate details of any contract, scheme or arrangement, must accompany this form, together with a written statement certifying this contract, scheme or arrangement; and

• (b) any qualification of the power of a person to exercise, control the exercise of, or influence the exercise of, the voting powers or disposal of the securities to which the relevant interest relates (indicating clearly the particular securities to which the qualification

604 Page 3 of 3 15 July 2001

applies).

See the definition of "relevant agreement" in section 9 of the Corporations Act 2001.

• (7) Details of the consideration must include any and all benefits, money and other, that any person from whom a relevant interest was acquired has, or may, become entitled to receive in relation to that acquisition. Details must be included even if the benefit is conditional on the happening or not of a contingency. Details must be included of any benefit paid on behalf of the substantial holder or its associate in relation to the acquisitions, even if they are not paid directly to the person from whom the relevant interest was acquired.

• (8) If the substantial holder is unable to determine the identity of the person (eg. if the relevant interest arises because of an option) write "unknown".

• (9) Give details, if appropriate, of the present association and any change in that association since the last substantial holding notice.

THIS IS ANNEXURE ‘A’ OF 3 PAGES REFERRED TO IN FORM 604 ‘NOTICE OF CHANGE OF INTERESTS OF SUBSTANTIAL HOLDER’ LODGED BY MINERAL RESOURCES LIMITED IN RELATION TO RESOURCE DEVELOPMENT GROUP ACN 149 028 142

Print Name Derek Oelofse Capacity: Group Financial Controller/Company Secretary ___________ Sign Here Date 03/02/2021 _____________

ANNEXURE ‘A’ Page 1 of 3

THIS IS ANNEXURE ‘A’ OF 3 PAGES REFERRED TO IN FORM 604 ‘NOTICE OF CHANGE OF INTERESTS OF SUBSTANTIAL HOLDER’ LODGED BY MINERAL RESOURCES LIMITED IN RELATION TO RESOURCE DEVELOPMENT GROUP ACN 149 028 142

5. Changes in association

The associates of the substantial holder at the time of purchase of shares and since are as listed below:

Name and ACN/ABN(if applicable)	Nature of association	**Date of Change **
CrushingServices International PtyLtd(ACN 069 303 377)	Related BodyCorporate
P.I.H.A. PtyLtd(ACN 061 356 812)	Related BodyCorporate
Process Minerals International PtyLtd(ACN 063 988 894)	Related BodyCorporate
Polaris Metals PtyLtd(ACN 085 223 570)	Related BodyCorporate
Eclipse Minerals PtyLtd(ACN 097 974 813)	Related BodyCorporate
Auvex Resources PtyLtd(ACN 129 087 832)	Related BodyCorporate
Mineral Resources(Equipment)PtyLtd(ACN 162 993 080)	Related BodyCorporate
Everthere PtyLtd(ACN 130 421 091)	Related BodyCorporate
PIHA(Water)PtyLtd(ACN 162 627 358)	Related BodyCorporate
Steelpile PtyLtd(ACN 169 849 987)	Related BodyCorporate
Kumina Iron PtyLtd(ACN 169 725 973)	Related BodyCorporate
MRL Asset Management PtyLtd(ACN 169 725 964)	Related BodyCorporate
Vigor Materials HandlingPtyLtd(ACN 602 182 463)	Related BodyCorporate
MRL Rail PtyLtd(ACN 169 516 296)	Related BodyCorporate
MIS. Carbonart PtyLtd(ACN 160 456 922)	Related BodyCorporate
Flotar PtyLtd(ACN 608 310 014)	Related BodyCorporate
ACN 611 495 268 PtyLtd	Related BodyCorporate
ACN 611 494 912 PtyLtd	Related BodyCorporate
Wodgina Lithium PtyLtd(ACN 611 488 932)	Related BodyCorporate
Mineral Resources Transport PtyLtd(ACN 158 718 195)	Related BodyCorporate
Reed Industrial Minerals PtyLtd(ACN 138 805 722)	Related BodyCorporate
Reed Advanced Minerals PtyLtd(ACN 142 876 211)	Related BodyCorporate
ACN 616 667 442 PtyLtd	Related BodyCorporate
ACN 616 677 797 PtyLtd	Related BodyCorporate
ACN 616 678 249 PtyLtd	Related BodyCorporate
Onslow Iron PtyLtd(formerlyACN 612 668 201 PtyLtd)	Related BodyCorporate
Bulk Ore Shuttle Systems PtyLtd(ACN 621 413 803)	Related BodyCorporate
Cattamarra Farms PtyLtd(ACN 158 097 431)	Related BodyCorporate
EnergyResources Limited(ARBN 009 475 423)	Related BodyCorporate
ACN 623 115 088 PtyLtd(ACN 623 115 088)	Related BodyCorporate
ACN 625 973 006 PtyLtd	Related BodyCorporate
Yilgarn Iron Ptyltd(ACN 626 035 078)	Related BodyCorporate
Iron Resources Ptyltd(ACN 626 063 796)	Related BodyCorporate
Graphite Resources PtyLtd(ACN 627 948 332)	Related BodyCorporate
Magnetite Mineral Resources PtyLtd(ACN 627 948 832)	Related BodyCorporate
Lithium Mineral Resources PtyLtd(ACN 627 949 535)	Related BodyCorporate
Bauxite Mineral Resources PtyLtd(ACN 627 949 544)	Related BodyCorporate
ACN 629 927 911 PtyLtd	Related BodyCorporate
MinRes Health PtyLtd(formerlyACN 629 928 150 PtyLtd)	Related BodyCorporate
ACN 629 923 753 PtyLtd	Related BodyCorporate
ACN 632 334 037 PtyLtd	Related BodyCorporate
ACN 632 334 671 PtyLtd	Related BodyCorporate
ACN 632 334 975 PtyLtd	Related BodyCorporate
ACN 634 817 244 PtyLtd	Related BodyCorporate
ACN 634 841 811 PtyLtd	Related BodyCorporate
MARBL Lithium Operations PtyLtd(ACN 637 077 608)	Related BodyCorporate
Mineral Marine PtyLtd(ACN 638 643 919)	Related BodyCorporate
Mineral Resources Rail PtyLtd(ACN 638 631 259)	Related BodyCorporate
MinRes Properties PtyLtd(formerlyACN 638 657 486 PtyLtd)	Related BodyCorporate
Buckland Minerals Transport PtyLtd(ACN 152 574 082)	Related BodyCorporate
Bungaroo South PtyLtd(ACN 152 574 528)	Related BodyCorporate
Cape Preston Logistics PtyLtd(ACN 152 574 233)	Related BodyCorporate
ACN 641 843 987 PtyLtd	Related BodyCorporate	18/6/2020
Resource Development GroupLimited(ACN 149 028 142)	Related BodyCorporate	17/6/2020

ANNEXURE ‘A’ Page 2 of 3

THIS IS ANNEXURE ‘A’ OF 3 PAGES REFERRED TO IN FORM 604 ‘NOTICE OF CHANGE OF INTERESTS OF SUBSTANTIAL HOLDER’ LODGED BY MINERAL RESOURCES LIMITED IN RELATION TO RESOURCE DEVELOPMENT GROUP ACN 149 028 142

Central Systems PtyLtd(ACN 107 284 319)	Related BodyCorporate	17/6/2020
Mineral Solutions Australia PtyLtd(ACN 626 914 458	Related BodyCorporate	17/6/2020
Comcen PtyLtd(ACN 161 487 930	Related BodyCorporate	17/6/2020
CrushingSolutions PtyLtd(ACN 151 387 709	Related BodyCorporate	17/6/2020
Aggregate CrushingAustralia PtyLtd(ACN 147 325 228)	Related BodyCorporate	17/6/2020
Ore SortingAustralia PtyLtd(ACN 608 847 445)	Related BodyCorporate	17/6/2020
Wonmunna Iron Ore PtyLtd(ACN 169 151 777)	Related BodyCorporate	7/9/2020

ANNEXURE ‘A’ Page 3 of 3