NEOMETALS LTD — Capital/Financing Update 2015

Sep 22, 2015

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23 September 2015

Mt Marion Lithium Project Offtake and Equity Investment

Transaction unconditional

Neometals Ltd (ASX: NMT) (“Neometals”) and Mineral Resources Limited (ASX: MIN) (“MIN” – via its wholly owned subsidiary, Process Minerals International Pty Ltd) refer to their previous announcements regarding the execution of formal agreements with China’s second largest lithium producer, Jiangxi Ganfeng Lithium Co., Ltd (“Ganfeng”), in respect of Ganfeng’s equity investment in the Mount Marion Lithium Project.

Neometals and MIN are pleased to advise that the transaction is now unconditional. Financial close is expected to occur within the next 2 weeks.

ENDS

For further information, please contact:

Chris Reed

Managing Director Neometals Ltd

T: +61 8 9322 1182

Media

Richard Glass / Michael Weir Citadel-MAGNUS

T: +61 8 6160 4900

• E: info@neometals.com.au

Bruce Goulds

CFO/Company Secretary Mineral Resources Limited

• T: +61 8 9329 3600

• E: bruce.goulds@mineralresources.com.au