Common use of IN witness whereof the Minister for Clause in Contracts

IN witness whereof the Minister for. Mines has affixed his seal and set his hand hereto this day of IN WITNESS WHEREOF this Agreement has been executed by or on behalf of the parties hereto the day and year first hereinbefore mentioned. SIGNED by the said ) THE HONOURABLE XXXXXXXX ) XXX XXXXXX in the ) presence of: ) Xxxxx Xxxxxx Xxxxx MINISTER FOR STATE DEVELOPMENT THE COMMON SEAL of ) MINERALOGY PTY. LTD. was ) hereunto affixed by ) authority of the Directors ) in the presence of: ) ______________________________ Director — Clive Xxxxxxxxx Xxxxxx ______________________________ Director — Xxxxx Xxxxx Xxxxxx THE COMMON SEAL of ) AUSTEEL PTY. LTD. was ) hereunto affixed by ) authority of the Directors ) in the presence of: ) ______________________________ Director — Clive Xxxxxxxxx Xxxxxx ______________________________ Director — Xxxxx Xxxxx Xxxxxx THE COMMON SEAL of ) BALMORAL IRON PTY. LTD. ) was hereunto affixed by ) authority of the Directors ) in the presence of: ) ______________________________ Director — Clive Xxxxxxxxx Xxxxxx ______________________________ Director — Bronwyn Xxxx Xxxx THE COMMON SEAL of ) BELLSWATER PTY. LTD. was ) hereunto affixed by ) authority of the Directors ) in the presence of: ) ______________________________ Director — Clive Xxxxxxxx Xxxxxxx ______________________________ Secretary — Xxxxxx Xxxx Xxxx THE COMMON SEAL of ) BRUNEI STEEL PTY. LTD. was ) hereunto affixed by authority of ) the Directors in the presence of: ) ______________________________ Director — Clive Xxxxxxxxx Xxxxxx ______________________________ Director — Xxxxxx Xxxxxxx Xxxx THE COMMON SEAL of ) INTERNATIONAL MINERALS ) PTY. LTD. was hereunto affixed ) by authority of the Directors ) in the presence of: ) _____________________________ Director — Clive Xxxxxxxxx Xxxxxx ______________________________ Director — Clive Xxxxxxxx Xxxxxxx THE COMMON SEAL of ) KOREAN STEEL PTY. LTD. ) was hereunto affixed by ) authority of the Directors ) in the presence of: ) ______________________________ Director — Clive Xxxxxxxxx Xxxxxx ______________________________ Director — Clive Xxxxxxxx Xxxxxxx Schedule 2 — Variation agreement [s. 3 and 7] [Heading amended: No. 32 of 2020 s. 9.] 2008 THE HONOURABLE COLIN XXXXX XXXXXXX PREMIER OF THE STATE OF WESTERN AUSTRALIA and MINERALOGY PTY. LTD. ACN 010 582 680 and AUSTEEL PTY. LTD. ACN 058 430 032 BALMORAL IRON PTY. LTD. ACN 058 429 931 ANSHAN RESOURCES PTY. LTD. ACN 000 000 000 KOREAN STEEL PTY. LTD. ACN 058 429 600 SINO IRON PTY. LTD. ACN 058 429 708 INTERNATIONAL MINERALS PTY. LTD. ACN 058 341 638 IRON ORE PROCESSING (MINERALOGY PTY LTD) AGREEMENT 2002 RATIFIED VARIATION AGREEMENT [Solicitor’s details] THIS AGREEMENT is made the 14th day of November 2008 BETWEEN THE HONOURABLE COLIN XXXXX XXXXXXX MEc., MLA., Premier of the State of Western Australia, acting for and on behalf of the said State and its instrumentalities from time to time (State) of the first part AND MINERALOGY PTY. LTD. ACN 010 582 680 of Mineralogy House, Level 8, 000 Xxxxxxx Xxxxxxx, Spring Hill, Queensland (Company) of the second part AND AUSTEEL PTY. LTD. ACN 058 430 032, BALMORAL IRON PTY. LTD. ACN 058 429 931 and ANSHAN RESOURCES PTY. LTD. ACN 058 429 977 all of Xxxxxxxxxx Xxxxx, Xxxxx 0, 000 Xxxxxxx Terrace, Spring Hill, Queensland, KOREAN STEEL PTY. LTD. ACN 058 429 600 of 00 Xx Xxxxxxx Xxxxxxx, Xxxxx, Xxxxxxx Xxxxxxxxx, SINO IRON PTY. LTD. ACN 058 429 708 of C/‑ Xxxxxxx & Xxxxx, Xxxxx 00, 0 Xxxx Xxxxxx, Xxxxxx, Xxx Xxxxx Xxxxx and INTERNATIONAL MINERALS PTY. LTD. ACN 058 341 638 of Xxxxx 0, 0 Xxxx Xxxxxx, Xxxxx Xxxxxxx Xxxxxxxxx (Xx‑Proponents) of the third part.

IN witness whereof the Minister for. Mines has affixed his seal and set his hand hereto this day of IN WITNESS WHEREOF this Agreement has been executed by or on behalf of the parties hereto the day and year first hereinbefore mentioned. SIGNED by the said ) THE HONOURABLE XXXXXXXX ) XXX XXXXXX in the ) presence of: ) Xxxxx Xxxxxx Xxxxx MINISTER FOR STATE DEVELOPMENT THE COMMON SEAL of ) MINERALOGY PTY. LTD. was ) hereunto affixed by ) authority of the Directors ) in the presence of: ) ______________________________ Director — Clive Xxxxxxxxx Xxxxxx ______________________________ Director — Xxxxx Xxxxx Xxxxxx THE COMMON SEAL of ) AUSTEEL PTY. LTD. was ) hereunto affixed by ) authority of the Directors ) in the presence of: ) ______________________________ Director — Clive Xxxxxxxxx Xxxxxx ______________________________ Director — Xxxxx Xxxxx Xxxxxx THE COMMON SEAL of ) BALMORAL IRON PTY. LTD. ) was hereunto affixed by ) authority of the Directors ) in the presence of: ) ______________________________ Director — Clive Xxxxxxxxx Xxxxxx ______________________________ Director — Bronwyn Xxxx Xxxx THE COMMON SEAL of ) BELLSWATER PTY. LTD. was ) hereunto affixed by ) authority of the Directors ) in the presence of: ) ______________________________ Director — Clive Xxxxxxxx Xxxxxxx ______________________________ Secretary — Xxxxxx Xxxx Xxxx THE COMMON SEAL of ) BRUNEI STEEL PTY. LTD. was ) hereunto affixed by authority of ) the Directors in the presence of: ) ______________________________ Director — Clive Xxxxxxxxx Xxxxxx ______________________________ Director — Xxxxxx Xxxxxxx Xxxx THE COMMON SEAL of ) INTERNATIONAL MINERALS ) PTY. LTD. was hereunto affixed ) by authority of the Directors ) in the presence of: ) _____________________________ Director — Clive Xxxxxxxxx Xxxxxx ______________________________ Director — Clive Xxxxxxxx Xxxxxxx THE COMMON SEAL of ) KOREAN STEEL PTY. LTD. ) was hereunto affixed by ) authority of the Directors ) in the presence of: ) ______________________________ Director — Clive Xxxxxxxxx Xxxxxx ______________________________ Director — Clive Xxxxxxxx Xxxxxxx Schedule 2 — Variation agreement [s. 3 and 7] [Heading amended: No. 32 of 2020 s. 9.3] 2008 THE HONOURABLE COLIN XXXXX XXXXXXX PREMIER OF THE STATE OF WESTERN AUSTRALIA and MINERALOGY PTY. LTD. ACN 010 582 680 and AUSTEEL PTY. LTD. ACN 058 430 032 BALMORAL IRON PTY. LTD. ACN 058 429 931 ANSHAN RESOURCES PTY. LTD. ACN 000 000 000 KOREAN STEEL PTY. LTD. ACN 058 429 600 SINO IRON PTY. LTD. ACN 058 429 708 INTERNATIONAL MINERALS PTY. LTD. ACN 058 341 638 IRON ORE PROCESSING (MINERALOGY PTY LTD) AGREEMENT 2002 RATIFIED VARIATION AGREEMENT [Solicitor’s details] THIS AGREEMENT is made the 14th day of November 2008 BETWEEN THE HONOURABLE COLIN XXXXX XXXXXXX MEc., MLA., Premier of the State of Western Australia, acting for and on behalf of the said State and its instrumentalities from time to time (State) of the first part AND MINERALOGY PTY. LTD. ACN 010 582 680 of Mineralogy House, Level 8, 000 Xxxxxxx Xxxxxxx, Spring Hill, Queensland (Company) of the second part AND AUSTEEL PTY. LTD. ACN 058 430 032, BALMORAL IRON PTY. LTD. ACN 058 429 931 and ANSHAN RESOURCES PTY. LTD. ACN 058 429 977 all of Xxxxxxxxxx Xxxxx, Xxxxx 0, 000 Xxxxxxx Terrace, Spring Hill, Queensland, KOREAN STEEL PTY. LTD. ACN 058 429 600 of 00 Xx Xxxxxxx Xxxxxxx, Xxxxx, Xxxxxxx Xxxxxxxxx, SINO IRON PTY. LTD. ACN 058 429 708 of C/‑ Xxxxxxx & Xxxxx, Xxxxx 00, 0 Xxxx Xxxxxx, Xxxxxx, Xxx Xxxxx Xxxxx and INTERNATIONAL MINERALS PTY. LTD. ACN 058 341 638 of Xxxxx 0, 0 Xxxx Xxxxxx, Xxxxx Xxxxxxx Xxxxxxxxx (Xx‑Proponents) of the third part.

IN witness whereof the Minister for. Mines Xxxxx has affixed his seal and set his hand hereto this day of IN WITNESS WHEREOF this Agreement has been executed by or on behalf of the parties hereto the day and year first hereinbefore mentioned. SIGNED by the said ) THE HONOURABLE XXXXXXXX ) XXX XXXXXX in the ) presence of: ) Xxxxx Xxxxxx Xxxxx MINISTER FOR STATE DEVELOPMENT THE COMMON SEAL of ) MINERALOGY PTY. LTD. was ) hereunto affixed by ) authority of the Directors ) in the presence of: ) ______________________________ Director — Clive Xxxxx Xxxxxxxxx Xxxxxx ______________________________ Director — Xxxxx Xxxxx Xxxxxx THE COMMON SEAL of ) AUSTEEL PTY. LTD. was ) hereunto affixed by ) authority of the Directors ) in the presence of: ) ______________________________ Director — Clive Xxxxx Xxxxxxxxx Xxxxxx ______________________________ Director — Xxxxx Xxxxx Xxxxxx THE COMMON SEAL of ) BALMORAL IRON PTY. LTD. ) was hereunto affixed by ) authority of the Directors ) in the presence of: ) ______________________________ Director — Clive Xxxxx Xxxxxxxxx Xxxxxx ______________________________ Director — Bronwyn Xxxxxxx Xxxx Xxxx THE COMMON SEAL of ) BELLSWATER PTY. LTD. was ) hereunto affixed by ) authority of the Directors ) in the presence of: ) ______________________________ Director — Clive Xxxxx Xxxxxxxx Xxxxxxx ______________________________ Secretary — Xxxxxx Xxxx Xxxx THE COMMON SEAL of ) BRUNEI STEEL PTY. LTD. was ) hereunto affixed by authority of ) the Directors in the presence of: ) ______________________________ Director — Clive Xxxxx Xxxxxxxxx Xxxxxx ______________________________ Director — Xxxxxx Xxxxxxx Xxxx THE COMMON SEAL of ) INTERNATIONAL MINERALS ) PTY. LTD. was hereunto affixed ) by authority of the Directors ) in the presence of: ) _____________________________ Director — Clive Xxxxx Xxxxxxxxx Xxxxxx ______________________________ Director — Clive Xxxxx Xxxxxxxx Xxxxxxx THE COMMON SEAL of ) KOREAN STEEL PTY. LTD. ) was hereunto affixed by ) authority of the Directors ) in the presence of: ) ______________________________ Director — Clive Xxxxx Xxxxxxxxx Xxxxxx ______________________________ Director — Clive Xxxxx Xxxxxxxx Xxxxxxx Iron Ore Processing (Mineralogy Pty. Ltd.) Agreement Schedule 1 Schedule 2 — Variation agreement [s. 3 and 7] [Heading amended: No. 32 of 2020 s. 9.3] 2008 THE HONOURABLE COLIN XXXXX XXXXX XXXXXXX PREMIER OF THE STATE OF WESTERN AUSTRALIA and MINERALOGY PTY. LTD. ACN 010 582 680 and AUSTEEL PTY. LTD. ACN 058 430 032 BALMORAL IRON PTY. LTD. ACN 058 429 931 ANSHAN RESOURCES PTY. LTD. ACN 000 000 000 KOREAN STEEL PTY. LTD. ACN 058 429 600 SINO IRON PTY. LTD. ACN 058 429 708 INTERNATIONAL MINERALS PTY. LTD. ACN 058 341 638 IRON ORE PROCESSING (MINERALOGY PTY LTD) AGREEMENT 2002 RATIFIED VARIATION AGREEMENT [Solicitor’s details] THIS AGREEMENT is made the 14th day of November 2008 BETWEEN THE HONOURABLE COLIN XXXXX XXXXX XXXXXXX MEc., MLA., Premier of the State of Western Australia, acting for and on behalf of the said State and its instrumentalities from time to time (State) of the first part AND MINERALOGY PTY. LTD. ACN 010 582 680 of Mineralogy House, Level 8, 000 Xxxxxxx Xxxxxxx, Spring Hill, Queensland (Company) of the second part AND AUSTEEL PTY. LTD. ACN 058 430 032, BALMORAL IRON PTY. LTD. ACN 058 429 931 and ANSHAN RESOURCES PTY. LTD. ACN 058 429 977 000 000 000 all of Xxxxxxxxxx Xxxxx, Xxxxx 0, 000 Xxxxxxx Terrace, Spring Hill, Queensland, KOREAN STEEL PTY. LTD. ACN 058 429 600 of 00 Xx Xxxxxxx Xxxxxxx, Xxxxx, Xxxxxxx Xxxxxxxxx, SINO IRON PTY. LTD. ACN 058 429 708 of C/‑ C/- Xxxxxxx & Xxxxx, Xxxxx 00, 0 Xxxx Xxxxxx, Xxxxxx, Xxx Xxxxx Xxxxx and INTERNATIONAL MINERALS PTY. LTD. ACN 058 341 638 of Xxxxx 0, 0 Xxxx Xxxxxx, Xxxxx Xxxxxxx Xxxxxxxxx (Xx‑ProponentsCo-Proponents) of the third part.. RECITALS

IN witness whereof the Minister for. Mines Xxxxx has affixed his seal and set his hand hereto this day of IN WITNESS WHEREOF this Agreement has been executed by or on behalf of the parties hereto the day and year first hereinbefore mentioned. SIGNED by the said ) THE HONOURABLE XXXXXXXX ) XXX XXXXXX in the ) presence of: ) Xxxxx Xxxxxx Xxxxx MINISTER FOR STATE DEVELOPMENT THE COMMON SEAL of ) MINERALOGY PTY. LTD. was ) hereunto affixed by ) authority of the Directors ) in the presence of: ) ______________________________ Director — Clive Xxxxx Xxxxxxxxx Xxxxxx ______________________________ Director — Xxxxx Xxxxx Xxxxxx THE COMMON SEAL of ) AUSTEEL PTY. LTD. was ) hereunto affixed by ) authority of the Directors ) in the presence of: ) ______________________________ Director — Clive Xxxxx Xxxxxxxxx Xxxxxx ______________________________ Director — Xxxxx Xxxxx Xxxxxx THE COMMON SEAL of ) BALMORAL IRON PTY. LTD. ) was hereunto affixed by ) authority of the Directors ) in the presence of: ) ______________________________ Director — Clive Xxxxx Xxxxxxxxx Xxxxxx ______________________________ Director — Bronwyn Xxxxxxx Xxxx Xxxx THE COMMON SEAL of ) BELLSWATER PTY. LTD. was ) hereunto affixed by ) authority of the Directors ) in the presence of: ) ______________________________ Director — Clive Xxxxx Xxxxxxxx Xxxxxxx ______________________________ Secretary — Xxxxxx Xxxx Xxxx THE COMMON SEAL of ) BRUNEI STEEL PTY. LTD. was ) hereunto affixed by authority of ) the Directors in the presence of: ) ______________________________ Director — Clive Xxxxx Xxxxxxxxx Xxxxxx ______________________________ Director — Xxxxxx Xxxxxxx Xxxx THE COMMON SEAL of ) INTERNATIONAL MINERALS ) PTY. LTD. was hereunto affixed ) by authority of the Directors ) in the presence of: ) _____________________________ Director — Clive Xxxxx Xxxxxxxxx Xxxxxx ______________________________ Director — Clive Xxxxx Xxxxxxxx Xxxxxxx THE COMMON SEAL of ) KOREAN STEEL PTY. LTD. ) was hereunto affixed by ) authority of the Directors ) in the presence of: ) ______________________________ Director — Clive Xxxxx Xxxxxxxxx Xxxxxx ______________________________ Director — Clive Xxxxx Xxxxxxxx Xxxxxxx Schedule 2 — Variation agreement [s. 3 and 7] [Heading amended: No. 32 of 2020 s. 9.3] 2008 THE HONOURABLE COLIN XXXXX XXXXX XXXXXXX PREMIER OF THE STATE OF WESTERN AUSTRALIA and MINERALOGY PTY. LTD. ACN 010 582 680 and AUSTEEL PTY. LTD. ACN 058 430 032 BALMORAL IRON PTY. LTD. ACN 058 429 931 ANSHAN RESOURCES PTY. LTD. ACN 000 000 000 KOREAN STEEL PTY. LTD. ACN 058 429 600 SINO IRON PTY. LTD. ACN 058 429 708 INTERNATIONAL MINERALS PTY. LTD. ACN 058 341 638 IRON ORE PROCESSING (MINERALOGY PTY LTD) AGREEMENT 2002 RATIFIED VARIATION AGREEMENT [Solicitor’s details] THIS AGREEMENT is made the 14th day of November 2008 BETWEEN THE HONOURABLE COLIN XXXXX XXXXX XXXXXXX MEc., MLA., Premier of the State of Western Australia, acting for and on behalf of the said State and its instrumentalities from time to time (State) of the first part AND MINERALOGY PTY. LTD. ACN 010 582 680 of Mineralogy House, Level 8, 000 Xxxxxxx Xxxxxxx, Spring Hill, Queensland (Company) of the second part AND AUSTEEL PTY. LTD. ACN 058 430 032, BALMORAL IRON PTY. LTD. ACN 058 429 931 and ANSHAN RESOURCES PTY. LTD. ACN 058 429 977 all of Xxxxxxxxxx XxxxxMineralogy House, Xxxxx 0Level 8, 000 Xxxxxxx TerraceXxxxxxx, Spring Hill, Queensland, KOREAN STEEL PTY. LTD. ACN 058 429 600 of 00 Xx Xxxxxxx Xxxxxxx, Xxxxx, Xxxxxxx Xxxxxxxxx, SINO IRON PTY. LTD. ACN 058 429 708 of C/‑ Xxxxxxx & Xxxxx, Xxxxx 00Level 37, 0 Xxxx Xxxxxx, Xxxxxx, Xxx Xxxxx Xxxxx and INTERNATIONAL MINERALS PTY. LTD. ACN 058 341 638 of Xxxxx 0Level 4, 0 Xxxx Xxxxxx, Xxxxx Xxxxxxx Xxxxxxxxx (Xx‑ProponentsCo‑Proponents) of the third part.

IN witness whereof the Minister for. Mines has affixed his seal and set his hand hereto this day of IN WITNESS WHEREOF this Agreement has been executed by or on behalf of the parties hereto the day and year first hereinbefore mentioned. SIGNED by the said ) 10 THE HONOURABLE XXXXXXXX ) XXX XXXXXX in the ) presence of: ) Xxxxx Xxxxxx Xxxxx MINISTER FOR STATE DEVELOPMENT 15 THE COMMON SEAL of ) MINERALOGY PTY. LTD. was ) ) hereunto affixed by ) authority of the Directors ) in the presence of: ) ______________________________ 20 Director — Clive Xxxxxxxxx Xxxxxx ______________________________ Director — Xxxxx Xxxxx Xxxxxx THE COMMON SEAL of ) AUSTEEL PTY. LTD. was ) hereunto affixed by ) authority of the Directors ) 5 in the presence of: ) ______________________________ Director — Clive Xxxxxxxxx Xxxxxx ______________________________ Director — Xxxxx Xxxxx Xxxxxx 10 THE COMMON SEAL of ) BALMORAL ofBALMORAL IRON PTY. LTD. ) was LTD.was hereunto affixed by ) authority of the Directors ) in the presence of: ) ______________________________ ) ) ) ) 15 Director — Clive Xxxxxxxxx Xxxxxx ______________________________ Director — Bronwyn Xxxx Xxxx Schedule 1 Iron Ore Processing (Mineralogy Pty. Ltd.) Agreement THE COMMON SEAL of ) BELLSWATER PTY. LTD. was ) hereunto affixed by ) authority of the Directors ) 5 in the presence of: ) ______________________________ Director — Clive Xxxxxxxx Xxxxxxx ______________________________ Secretary — Xxxxxx Xxxx Xxxx 10 THE COMMON SEAL of ) BRUNEI ofBRUNEI STEEL PTY. LTD. was ) hereunto washereunto affixed by authority of ) the Directors in the presence of: ) ______________________________ ) ) ) 15 Director — Clive Xxxxxxxxx Xxxxxx ______________________________ Director — Xxxxxx Xxxxxxx Xxxx THE COMMON SEAL of ) INTERNATIONAL MINERALS ) PTY. LTD. was hereunto affixed ) by authority of the Directors ) 5 in the presence of: ) _____________________________ Director — Clive Xxxxxxxxx Xxxxxx ______________________________ Director — Clive Xxxxxxxx Xxxxxxx 10 THE COMMON SEAL of ) KOREAN ofKOREAN STEEL PTY. LTD. ) was LTD.was hereunto affixed by ) authority of the Directors ) in the presence of: ) ______________________________ ) ) ) ) 15 Director — Clive Xxxxxxxxx Xxxxxx ______________________________ Director — Clive Xxxxxxxx Xxxxxxx Schedule 2 — Variation agreement [s. 3 and 7] [Heading amended: No. 32 of 2020 s. 9.] 2008 THE HONOURABLE COLIN XXXXX XXXXXXX PREMIER OF THE STATE OF WESTERN AUSTRALIA and MINERALOGY PTY. LTD. ACN 010 582 680 and AUSTEEL PTY. LTD. ACN 058 430 032 BALMORAL IRON PTY. LTD. ACN 058 429 931 ANSHAN RESOURCES PTY. LTD. ACN 000 000 000 KOREAN STEEL PTY. LTD. ACN 058 429 600 SINO IRON PTY. LTD. ACN 058 429 708 INTERNATIONAL MINERALS PTY. LTD. ACN 058 341 638 IRON ORE PROCESSING (MINERALOGY PTY LTD) AGREEMENT 2002 RATIFIED VARIATION AGREEMENT [Solicitor’s details] THIS AGREEMENT is made the 14th day of November 2008 BETWEEN THE HONOURABLE COLIN XXXXX XXXXXXX MEc., MLA., Premier of the State of Western Australia, acting for and on behalf of the said State and its instrumentalities from time to time (State) of the first part AND MINERALOGY PTY. LTD. ACN 010 582 680 of Mineralogy House, Level 8, 000 Xxxxxxx Xxxxxxx, Spring Hill, Queensland (Company) of the second part AND AUSTEEL PTY. LTD. ACN 058 430 032, BALMORAL IRON PTY. LTD. ACN 058 429 931 and ANSHAN RESOURCES PTY. LTD. ACN 058 429 977 all of Xxxxxxxxxx Xxxxx, Xxxxx 0, 000 Xxxxxxx Terrace, Spring Hill, Queensland, KOREAN STEEL PTY. LTD. ACN 058 429 600 of 00 Xx Xxxxxxx Xxxxxxx, Xxxxx, Xxxxxxx Xxxxxxxxx, SINO IRON PTY. LTD. ACN 058 429 708 of C/‑ Xxxxxxx & Xxxxx, Xxxxx 00, 0 Xxxx Xxxxxx, Xxxxxx, Xxx Xxxxx Xxxxx and INTERNATIONAL MINERALS PTY. LTD. ACN 058 341 638 of Xxxxx 0, 0 Xxxx Xxxxxx, Xxxxx Xxxxxxx Xxxxxxxxx (Xx‑Proponents) of the third part.

IN witness whereof the Minister for. Mines Xxxxx has affixed his seal and set his hand hereto this day of IN WITNESS WHEREOF this Agreement has been executed by or on behalf of the parties hereto the day and year first hereinbefore mentioned. SIGNED by the said ) THE HONOURABLE XXXXXXXX ) XXX XXXXXX in the ) presence of: ) Xxxxx Xxxxxx Xxxxx MINISTER FOR STATE DEVELOPMENT THE COMMON SEAL of ) MINERALOGY PTY. LTD. was ) hereunto affixed by ) authority of the Directors ) in the presence of: ) ______________________________ Director — Clive Xxxxx Xxxxxxxxx Xxxxxx ______________________________ Director — Xxxxx Xxxxx Xxxxxx THE COMMON SEAL of ) AUSTEEL PTY. LTD. was ) hereunto affixed by ) authority of the Directors ) in the presence of: ) ______________________________ Director — Clive Xxxxx Xxxxxxxxx Xxxxxx ______________________________ Director — Xxxxx Xxxxx Xxxxxx THE COMMON SEAL of ) BALMORAL IRON PTY. LTD. ) was hereunto affixed by ) authority of the Directors ) in the presence of: ) ______________________________ Director — Clive Xxxxx Xxxxxxxxx Xxxxxx ______________________________ Director — Bronwyn Xxxxxxx Xxxx Xxxx THE COMMON SEAL of ) BELLSWATER PTY. LTD. was ) hereunto affixed by ) authority of the Directors ) in the presence of: ) ______________________________ Director — Clive Xxxxx Xxxxxxxx Xxxxxxx ______________________________ Secretary — Xxxxxx Xxxx Xxxx THE COMMON SEAL of ) BRUNEI STEEL PTY. LTD. was ) hereunto affixed by authority of ) the Directors in the presence of: ) ______________________________ Director — Clive Xxxxx Xxxxxxxxx Xxxxxx ______________________________ Director — Xxxxxx Xxxxxxx Xxxx THE COMMON SEAL of ) INTERNATIONAL MINERALS ) PTY. LTD. was hereunto affixed ) by authority of the Directors ) in the presence of: ) _____________________________ Director — Clive Xxxxxxxxx Xxxxxx ______________________________ Director — Clive Xxxxxxxx Xxxxxxx THE COMMON SEAL of ) KOREAN STEEL PTY. LTD. ) was hereunto affixed by ) authority of the Directors ) in the presence of: ) ______________________________ Director — Clive Xxxxxxxxx Xxxxxx ______________________________ Director — Clive Xxxxxxxx Xxxxxxx Schedule 2 — Variation agreement [s. 3 and 7] [Heading amended: No. 32 of 2020 s. 9.] 2008 THE HONOURABLE COLIN XXXXX XXXXXXX PREMIER OF THE STATE OF WESTERN AUSTRALIA and MINERALOGY PTY. LTD. ACN 010 582 680 and AUSTEEL PTY. LTD. ACN 058 430 032 BALMORAL IRON PTY. LTD. ACN 058 429 931 ANSHAN RESOURCES PTY. LTD. ACN 000 000 000 KOREAN STEEL PTY. LTD. ACN 058 429 600 SINO IRON PTY. LTD. ACN 058 429 708 INTERNATIONAL MINERALS PTY. LTD. ACN 058 341 638 IRON ORE PROCESSING (MINERALOGY PTY LTD) AGREEMENT 2002 RATIFIED VARIATION AGREEMENT [Solicitor’s details] THIS AGREEMENT is made the 14th day of November 2008 BETWEEN THE HONOURABLE COLIN XXXXX XXXXXXX MEc., MLA., Premier of the State of Western Australia, acting for and on behalf of the said State and its instrumentalities from time to time (State) of the first part AND MINERALOGY PTY. LTD. ACN 010 582 680 of Mineralogy House, Level 8, 000 Xxxxxxx Xxxxxxx, Spring Hill, Queensland (Company) of the second part AND AUSTEEL PTY. LTD. ACN 058 430 032, BALMORAL IRON PTY. LTD. ACN 058 429 931 and ANSHAN RESOURCES PTY. LTD. ACN 058 429 977 all of Xxxxxxxxxx Xxxxx, Xxxxx 0, 000 Xxxxxxx Terrace, Spring Hill, Queensland, KOREAN STEEL PTY. LTD. ACN 058 429 600 of 00 Xx Xxxxxxx Xxxxxxx, Xxxxx, Xxxxxxx Xxxxxxxxx, SINO IRON PTY. LTD. ACN 058 429 708 of C/‑ Xxxxxxx & Xxxxx, Xxxxx 00, 0 Xxxx Xxxxxx, Xxxxxx, Xxx Xxxxx Xxxxx and INTERNATIONAL MINERALS PTY. LTD. ACN 058 341 638 of Xxxxx 0, 0 Xxxx Xxxxxx, Xxxxx Xxxxxxx Xxxxxxxxx (Xx‑Proponents) of the third part.)

IN witness whereof the Minister for. Mines Xxxxx has affixed his seal and set his hand hereto this day of IN WITNESS WHEREOF this Agreement has been executed by or on behalf of the parties hereto the day and year first hereinbefore mentioned. SIGNED by the said ) THE HONOURABLE XXXXXXXX ) XXX XXXXXX in the ) presence of: ) Xxxxx Xxxxxx Xxxxx MINISTER FOR STATE DEVELOPMENT THE COMMON SEAL of ) MINERALOGY PTY. LTD. was ) hereunto affixed by ) authority of the Directors ) in the presence of: ) ______________________________ Director — Clive Xxxxx Xxxxxxxxx Xxxxxx ______________________________ Director — Xxxxx Xxxxx Xxxxxx THE COMMON SEAL of ) AUSTEEL PTY. LTD. was ) hereunto affixed by ) authority of the Directors ) in the presence of: ) ______________________________ Director — Clive Xxxxx Xxxxxxxxx Xxxxxx ______________________________ Director — Xxxxx Xxxxx Xxxxxx THE COMMON SEAL of ) BALMORAL IRON PTY. LTD. ) was hereunto affixed by ) authority of the Directors ) in the presence of: ) ______________________________ Director — Clive Xxxxx Xxxxxxxxx Xxxxxx ______________________________ Director — Bronwyn Xxxxxxx Xxxx Xxxx THE COMMON SEAL of ) BELLSWATER PTY. LTD. was ) hereunto affixed by ) authority of the Directors ) in the presence of: ) ______________________________ Director — Clive Xxxxx Xxxxxxxx Xxxxxxx ______________________________ Secretary — Xxxxxx Xxxx Xxxx THE COMMON SEAL of ) BRUNEI STEEL PTY. LTD. was ) hereunto affixed by authority of ) the Directors in the presence of: ) ______________________________ Director — Clive Xxxxx Xxxxxxxxx Xxxxxx ______________________________ Director — Xxxxxx Xxxxxxx Xxxx THE COMMON SEAL of ) INTERNATIONAL MINERALS ) PTY. LTD. was hereunto affixed ) by authority of the Directors ) in the presence of: ) _____________________________ Director — Clive Xxxxx Xxxxxxxxx Xxxxxx ______________________________ Director — Clive Xxxxx Xxxxxxxx Xxxxxxx THE COMMON SEAL of ) KOREAN STEEL PTY. LTD. ) was hereunto affixed by ) authority of the Directors ) in the presence of: ) ______________________________ Director — Clive Xxxxx Xxxxxxxxx Xxxxxx ______________________________ Director — Clive Xxxxx Xxxxxxxx Xxxxxxx Schedule 2 — Variation agreement [s. 3 and 7] [Heading amended: No. 32 of 2020 s. 9.] 2008 THE HONOURABLE COLIN XXXXX XXXXX XXXXXXX PREMIER OF THE STATE OF WESTERN AUSTRALIA and MINERALOGY PTY. LTD. ACN 010 582 680 and AUSTEEL PTY. LTD. ACN 058 430 032 BALMORAL IRON PTY. LTD. ACN 058 429 931 ANSHAN RESOURCES PTY. LTD. ACN 000 000 000 KOREAN STEEL PTY. LTD. ACN 058 429 600 SINO IRON PTY. LTD. ACN 058 429 708 INTERNATIONAL MINERALS PTY. LTD. ACN 058 341 638 IRON ORE PROCESSING (MINERALOGY PTY LTD) AGREEMENT 2002 RATIFIED VARIATION AGREEMENT [Solicitor’s details] THIS AGREEMENT is made the 14th day of November 2008 BETWEEN THE HONOURABLE COLIN XXXXX XXXXX XXXXXXX MEc., MLA., Premier of the State of Western Australia, acting for and on behalf of the said State and its instrumentalities from time to time (State) of the first part AND MINERALOGY PTY. LTD. ACN 010 582 680 of Mineralogy House, Level 8, 000 Xxxxxxx Xxxxxxx, Spring Hill, Queensland (Company) of the second part AND AUSTEEL PTY. LTD. ACN 058 430 032, BALMORAL IRON PTY. LTD. ACN 058 429 931 and ANSHAN RESOURCES PTY. LTD. ACN 058 429 977 all of Xxxxxxxxxx Xxxxx, Xxxxx 0, 000 Xxxxxxx Terrace, Spring Hill, Queensland, KOREAN STEEL PTY. LTD. ACN 058 429 600 of 00 Xx Xxxxxxx Xxxxxxx, Xxxxx, Xxxxxxx Xxxxxxxxx, SINO IRON PTY. LTD. ACN 058 429 708 of C/‑ Xxxxxxx & Xxxxx, Xxxxx 00, 0 Xxxx Xxxxxx, Xxxxxx, Xxx Xxxxx Xxxxx and INTERNATIONAL MINERALS PTY. LTD. ACN 058 341 638 of Xxxxx 0, 0 Xxxx Xxxxxx, Xxxxx Xxxxxxx Xxxxxxxxx (Xx‑Proponents) of the third part.

IN witness whereof the Minister for. Mines has affixed his seal and set his hand hereto this day of IN WITNESS WHEREOF this Agreement has been executed by or on behalf of the parties hereto the day and year first hereinbefore mentioned. SIGNED by the said ) THE HONOURABLE XXXXXXXX ) XXX XXXXXX in the ) presence of: ) Xxxxx Xxxxxx Xxxxx MINISTER FOR STATE DEVELOPMENT THE COMMON SEAL of ) MINERALOGY PTY. LTD. ) was ) hereunto affixed by ) authority of the Directors ) in the presence of: ) ______________________________ Director — Clive Xxxxxxxxx Xxxxxx ______________________________ Director — Xxxxx Xxxxx Xxxxxx THE COMMON SEAL of ) AUSTEEL PTY. LTD. was ) hereunto affixed by ) authority of the Directors ) in the presence of: ) ______________________________ Director — Clive Xxxxxxxxx Xxxxxx ______________________________ Director — Xxxxx Xxxxx Xxxxxx THE COMMON SEAL of ) BALMORAL IRON PTY. LTD. ) was hereunto affixed by ) authority of the Directors ) in the presence of: ) ______________________________ Director — Clive Xxxxxxxxx Xxxxxx ______________________________ Director — Bronwyn Xxxx Xxxx THE COMMON SEAL of ) BELLSWATER PTY. LTD. ) was ) hereunto affixed by ) authority of the Directors ) in the presence of: ) ______________________________ Director — Clive Xxxxxxxx Xxxxxxx ______________________________ Secretary — Xxxxxx Xxxx Xxxx THE COMMON SEAL of ) BRUNEI STEEL PTY. LTD. was ) hereunto affixed by authority of ) the Directors in the presence of: ) ______________________________ Director — Clive Xxxxxxxxx Xxxxxx ______________________________ Director — Xxxxxx Xxxxxxx Xxxx THE COMMON SEAL of ) INTERNATIONAL MINERALS ) PTY. LTD. was hereunto affixed ) by authority of the Directors ) in the presence of: ) _____________________________ Director — Clive Xxxxxxxxx Xxxxxx ______________________________ Director — Clive Xxxxxxxx Xxxxxxx THE COMMON SEAL of ) KOREAN STEEL PTY. LTD. ) was hereunto affixed by ) authority of the Directors ) in the presence of: ) ______________________________ Director — Clive Xxxxxxxxx Xxxxxx ______________________________ Director — Clive Xxxxxxxx Xxxxxxx Schedule 2 — Variation agreement [s. 3 and 7] [Heading amended: No. 32 of 2020 s. 9.] 2008 THE HONOURABLE COLIN XXXXX XXXXXXX PREMIER OF THE STATE OF WESTERN AUSTRALIA and MINERALOGY PTY. LTD. ACN 010 582 680 and AUSTEEL PTY. LTD. ACN 058 430 032 BALMORAL IRON PTY. LTD. ACN 058 429 931 ANSHAN RESOURCES PTY. LTD. ACN 000 000 000 KOREAN STEEL PTY. LTD. ACN 058 429 600 SINO IRON PTY. LTD. ACN 058 429 708 INTERNATIONAL MINERALS PTY. LTD. ACN 058 341 638 IRON ORE PROCESSING (MINERALOGY PTY LTD) AGREEMENT 2002 RATIFIED VARIATION AGREEMENT [Solicitor’s details] THIS AGREEMENT is made the 14th day of November 2008 BETWEEN THE HONOURABLE COLIN XXXXX XXXXXXX MEc., MLA., Premier of the State of Western Australia, acting for and on behalf of the said State and its instrumentalities from time to time (State) of the first part AND MINERALOGY PTY. LTD. ACN 010 582 680 of Mineralogy House, Level 8, 000 Xxxxxxx Xxxxxxx, Spring Hill, Queensland (Company) of the second part AND AUSTEEL PTY. LTD. ACN 058 430 032, BALMORAL IRON PTY. LTD. ACN 058 429 931 and ANSHAN RESOURCES PTY. LTD. ACN 058 429 977 all of Xxxxxxxxxx Xxxxx, Xxxxx 0, 000 Xxxxxxx Terrace, Spring Hill, Queensland, KOREAN STEEL PTY. LTD. ACN 058 429 600 of 00 Xx Xxxxxxx Xxxxxxx, Xxxxx, Xxxxxxx Xxxxxxxxx, SINO IRON PTY. LTD. ACN 058 429 708 of C/‑ Xxxxxxx & Xxxxx, Xxxxx 00, 0 Xxxx Xxxxxx, Xxxxxx, Xxx Xxxxx Xxxxx and INTERNATIONAL MINERALS PTY. LTD. ACN 058 341 638 of Xxxxx 0, 0 Xxxx Xxxxxx, Xxxxx Xxxxxxx Xxxxxxxxx (Xx‑Proponents) of the third part.)

IN witness whereof the Minister for. Mines has affixed his seal and set his hand hereto this day of IN WITNESS WHEREOF this Agreement has been executed by or on behalf of the parties hereto the day and year first hereinbefore mentioned. SIGNED by the said ) THE HONOURABLE XXXXXXXX ) XXX XXXXXX in the ) presence of: ) Xxxxx Xxxxxx Xxxxx MINISTER FOR STATE DEVELOPMENT THE COMMON SEAL of ) MINERALOGY PTY. LTD. was ) hereunto affixed by ) authority of the Directors ) in the presence of: ) ______________________________ Director — Clive Xxxxxxxxx Xxxxxx ______________________________ Director — Xxxxx Xxxxx Xxxxxx Schedule 1 Iron Ore Processing (Mineralogy Pty. Ltd.) Agreement THE COMMON SEAL of ) AUSTEEL PTY. LTD. was ) hereunto affixed by ) authority of the Directors ) in the presence of: ) ______________________________ Director — Clive Xxxxxxxxx Xxxxxx ______________________________ Director — Xxxxx Xxxxx Xxxxxx THE COMMON SEAL of ) BALMORAL IRON PTY. LTD. ) was hereunto affixed by ) authority of the Directors ) in the presence of: ) ______________________________ Director — Clive Xxxxxxxxx Xxxxxx ______________________________ Director — Bronwyn Xxxx Xxxx THE COMMON SEAL of ) BELLSWATER PTY. LTD. was ) hereunto affixed by ) authority of the Directors ) in the presence of: ) ______________________________ Director — Clive Xxxxxxxx Xxxxxxx ______________________________ Secretary — Xxxxxx Xxxx Xxxx THE COMMON SEAL of ) BRUNEI STEEL PTY. LTD. was ) hereunto affixed by authority of ) the Directors in the presence of: ) ______________________________ Director — Clive Xxxxxxxxx Xxxxxx ______________________________ Director — Xxxxxx Xxxxxxx Xxxx Schedule 1 Iron Ore Processing (Mineralogy Pty. Ltd.) Agreement THE COMMON SEAL of ) INTERNATIONAL MINERALS ) PTY. LTD. was hereunto affixed ) by authority of the Directors ) in the presence of: ) _____________________________ Director — Clive Xxxxxxxxx Xxxxxx ______________________________ Director — Clive Xxxxxxxx Xxxxxxx THE COMMON SEAL of ) KOREAN STEEL PTY. LTD. ) was hereunto affixed by ) authority of the Directors ) in the presence of: ) ______________________________ Director — Clive Xxxxxxxxx Xxxxxx ______________________________ Director — Clive Xxxxxxxx Xxxxxxx Schedule 2 — Variation agreement [s. 3 and 7] [Heading amended: No. 32 of 2020 s. 9.] 2008 THE HONOURABLE COLIN XXXXX XXXXXXX PREMIER OF THE STATE OF WESTERN AUSTRALIA and MINERALOGY PTY. LTD. ACN 010 582 680 and AUSTEEL PTY. LTD. ACN 058 430 032 BALMORAL IRON PTY. LTD. ACN 058 429 931 ANSHAN RESOURCES PTY. LTD. ACN 000 000 000 KOREAN STEEL PTY. LTD. ACN 058 429 600 SINO IRON PTY. LTD. ACN 058 429 708 INTERNATIONAL MINERALS PTY. LTD. ACN 058 341 638 IRON ORE PROCESSING (MINERALOGY PTY LTD) AGREEMENT 2002 RATIFIED VARIATION AGREEMENT [Solicitor’s details] THIS AGREEMENT is made the 14th day of November 2008 BETWEEN THE HONOURABLE COLIN XXXXX XXXXXXX MEc., MLA., Premier of the State of Western Australia, acting for and on behalf of the said State and its instrumentalities from time to time (State) of the first part AND MINERALOGY PTY. LTD. ACN 010 582 680 of Mineralogy House, Level 8, 000 Xxxxxxx Xxxxxxx, Spring Hill, Queensland (Company) of the second part AND AUSTEEL PTY. LTD. ACN 058 430 032, BALMORAL IRON PTY. LTD. ACN 058 429 931 and ANSHAN RESOURCES PTY. LTD. ACN 058 429 977 all of Xxxxxxxxxx Xxxxx, Xxxxx 0, 000 Xxxxxxx Terrace, Spring Hill, Queensland, KOREAN STEEL PTY. LTD. ACN 058 429 600 of 00 Xx Xxxxxxx Xxxxxxx, Xxxxx, Xxxxxxx Xxxxxxxxx, SINO IRON PTY. LTD. ACN 058 429 708 of C/‑ Xxxxxxx & Xxxxx, Xxxxx 00, 0 Xxxx Xxxxxx, Xxxxxx, Xxx Xxxxx Xxxxx and INTERNATIONAL MINERALS PTY. LTD. ACN 058 341 638 of Xxxxx 0, 0 Xxxx Xxxxxx, Xxxxx Xxxxxxx Xxxxxxxxx (Xx‑Proponents) of the third part.)

IN witness whereof the Minister for. Mines has affixed his seal and set his hand hereto this day of IN WITNESS WHEREOF this Agreement has been executed by or on behalf of the parties hereto the day and year first hereinbefore mentioned. SIGNED by the said said) THE HONOURABLE XXXXXXXX XXXXXXXX) XXX XXXXXX in the ) presence of: ) :) Xxxxx Xxxxxx Xxxxx MINISTER FOR STATE DEVELOPMENT THE COMMON SEAL of ) MINERALOGY PTY. LTD. was was) hereunto affixed by by) authority of the Directors Directors) in the presence of: ) :) ______________________________ Director — Clive Xxxxxxxxx Xxxxxx ______________________________ Director — Xxxxx Xxxxx Xxxxxx THE COMMON SEAL of ) AUSTEEL PTY. LTD. was was) hereunto affixed by by) authority of the Directors Directors) in the presence of: ) :) ______________________________ Director — Clive Xxxxxxxxx Xxxxxx ______________________________ Director — Xxxxx Xxxxx Xxxxxx THE COMMON SEAL of ) BALMORAL IRON PTY. LTD. .) was hereunto affixed by by) authority of the Directors Directors) in the presence of: ) :) ______________________________ Director — Clive Xxxxxxxxx Xxxxxx ______________________________ Director — Bronwyn Xxxx Xxxx THE COMMON SEAL of ) BELLSWATER PTY. LTD. was was) hereunto affixed by by) authority of the Directors Directors) in the presence of: ) :) ______________________________ Director — Clive Xxxxxxxx Xxxxxxx ______________________________ Secretary — Xxxxxx Xxxx Xxxx THE COMMON SEAL of ) BRUNEI STEEL PTY. LTD. was was) hereunto affixed by authority of ) the Directors in the presence of: ) :) ______________________________ Director — Clive Xxxxxxxxx Xxxxxx ______________________________ Director — Xxxxxx Xxxxxxx Xxxx THE COMMON SEAL of ) INTERNATIONAL MINERALS MINERALS) PTY. LTD. was hereunto affixed ) by authority of the Directors ) in the presence of: ) :) _____________________________ Director — Clive Xxxxxxxxx Xxxxxx ______________________________ Director — Clive Xxxxxxxx Xxxxxxx THE COMMON SEAL of ) KOREAN STEEL PTY. LTD. .) was hereunto affixed by ) authority of the Directors ) in the presence of: ) :) ______________________________ Director — Clive Xxxxxxxxx Xxxxxx ______________________________ Director — Clive Xxxxxxxx Xxxxxxx Schedule 2 — Variation agreement [s. 3 and 7] [Heading amended: No. 32 of 2020 s. 9.3] 2008 THE HONOURABLE COLIN XXXXX XXXXXXX PREMIER OF THE STATE OF WESTERN AUSTRALIA and MINERALOGY PTY. LTD. ACN 010 582 680 and AUSTEEL PTY. LTD. ACN 058 430 032 BALMORAL IRON PTY. LTD. ACN 058 429 931 ANSHAN RESOURCES PTY. LTD. ACN 000 000 000 KOREAN STEEL PTY. LTD. ACN 058 429 600 SINO IRON PTY. LTD. ACN 058 429 708 INTERNATIONAL MINERALS PTY. LTD. ACN 058 341 638 IRON ORE PROCESSING (MINERALOGY PTY LTD) AGREEMENT 2002 RATIFIED VARIATION AGREEMENT [Solicitor’s details] THIS AGREEMENT is made the 14th day of November 2008 BETWEEN THE HONOURABLE COLIN XXXXX XXXXXXX MEc., MLA., Premier of the State of Western Australia, acting for and on behalf of the said State and its instrumentalities from time to time (State) of the first part AND MINERALOGY PTY. LTD. ACN 010 582 680 of Mineralogy House, Level 8, 000 Xxxxxxx Xxxxxxx, Spring Hill, Queensland (Company) of the second part AND AUSTEEL PTY. LTD. ACN 058 430 032, BALMORAL IRON PTY. LTD. ACN 058 429 931 and ANSHAN RESOURCES PTY. LTD. ACN 058 429 977 all of Xxxxxxxxxx Xxxxx, Xxxxx 0, 000 Xxxxxxx Terrace, Spring Hill, Queensland, KOREAN STEEL PTY. LTD. ACN 058 429 600 of 00 Xx Xxxxxxx Xxxxxxx, Xxxxx, Xxxxxxx Xxxxxxxxx, SINO IRON PTY. LTD. ACN 058 429 708 of C/‑ Xxxxxxx & Xxxxx, Xxxxx 00, 0 Xxxx Xxxxxx, Xxxxxx, Xxx Xxxxx Xxxxx and INTERNATIONAL MINERALS PTY. LTD. ACN 058 341 638 of Xxxxx 0, 0 Xxxx Xxxxxx, Xxxxx Xxxxxxx Xxxxxxxxx (Xx‑Proponents) of the third part.

IN witness whereof the Minister for. Mines has affixed his seal and set his hand hereto this day of IN WITNESS WHEREOF this Agreement has been executed by or on behalf of the parties hereto the day and year first hereinbefore mentioned. SIGNED by the said ) THE HONOURABLE XXXXXXXX ) XXX XXXXXX in the ) presence of: ) Xxxxx Xxxxxx Xxxxx MINISTER FOR STATE DEVELOPMENT THE COMMON SEAL of ) MINERALOGY PTY. LTD. was ) hereunto affixed by ) authority of the Directors ) in the presence of: ) ______________________________ Director — Clive Xxxxxxxxx Xxxxxx ______________________________ Director — Xxxxx Xxxxx Xxxxxx THE COMMON SEAL of ) AUSTEEL PTY. LTD. was ) hereunto affixed by ) authority of the Directors ) in the presence of: ) ______________________________ Director — Clive Xxxxxxxxx Xxxxxx ______________________________ Director — Xxxxx Xxxxx Xxxxxx THE COMMON SEAL of ) BALMORAL IRON PTY. LTD. ) was hereunto affixed by ) authority of the Directors ) in the presence of: ) ______________________________ Director — Clive Xxxxxxxxx Xxxxxx ______________________________ Director — Bronwyn Xxxx Xxxx THE COMMON SEAL of ) BELLSWATER PTY. LTD. was ) hereunto affixed by ) authority of the Directors ) in the presence of: ) ______________________________ Director — Clive Xxxxxxxx Xxxxxxx ______________________________ Secretary — Xxxxxx Xxxx Xxxx Jack THE COMMON SEAL of ) BRUNEI STEEL PTY. LTD. was ) hereunto affixed by authority of ) the Directors in the presence of: ) ______________________________ Director — Clive Xxxxxxxxx Xxxxxx ______________________________ Director — Xxxxxx Xxxxxxx Xxxx THE COMMON SEAL of ) INTERNATIONAL MINERALS ) PTY. LTD. was hereunto affixed ) by authority of the Directors ) in the presence of: ) _____________________________ Director — Clive Xxxxxxxxx Xxxxxx ______________________________ Director — Clive Xxxxxxxx Xxxxxxx THE COMMON SEAL of ) KOREAN STEEL PTY. LTD. ) was hereunto affixed by ) authority of the Directors ) in the presence of: ) ______________________________ Director — Clive Xxxxxxxxx Xxxxxx ______________________________ Director — Clive Xxxxxxxx Xxxxxxx Schedule 2 — Variation agreement [s. 3 and 7] [Heading amended: No. 32 of 2020 s. 9.3] 2008 THE HONOURABLE COLIN XXXXX XXXXXXX PREMIER OF THE STATE OF WESTERN AUSTRALIA and MINERALOGY PTY. LTD. ACN 010 582 680 and AUSTEEL PTY. LTD. ACN 058 430 032 BALMORAL IRON PTY. LTD. ACN 058 429 931 ANSHAN RESOURCES PTY. LTD. ACN 000 000 000 KOREAN STEEL PTY. LTD. ACN 058 429 600 SINO IRON PTY. LTD. ACN 058 429 708 INTERNATIONAL MINERALS PTY. LTD. ACN 058 341 638 IRON ORE PROCESSING (MINERALOGY PTY LTD) AGREEMENT 2002 RATIFIED VARIATION AGREEMENT [Solicitor’s details] THIS AGREEMENT is made the 14th day of November 2008 BETWEEN THE HONOURABLE COLIN XXXXX XXXXXXX MEc., MLA., Premier of the State of Western Australia, acting for and on behalf of the said State and its instrumentalities from time to time (State) of the first part AND MINERALOGY PTY. LTD. ACN 010 582 680 of Mineralogy House, Level 8, 000 Xxxxxxx Xxxxxxx, Spring Hill, Queensland (Company) of the second part AND AUSTEEL PTY. LTD. ACN 058 430 032, BALMORAL IRON PTY. LTD. ACN 058 429 931 and ANSHAN RESOURCES PTY. LTD. ACN 058 429 977 all of Xxxxxxxxxx Xxxxx, Xxxxx 0, 000 Xxxxxxx Terrace, Spring Hill, Queensland, KOREAN STEEL PTY. LTD. ACN 058 429 600 of 00 Xx Xxxxxxx Xxxxxxx, Xxxxx, Xxxxxxx Xxxxxxxxx, SINO IRON PTY. LTD. ACN 058 429 708 of C/‑ Xxxxxxx & Xxxxx, Xxxxx 00, 0 Xxxx Xxxxxx, Xxxxxx, Xxx Xxxxx Xxxxx and INTERNATIONAL MINERALS PTY. LTD. ACN 058 341 638 of Xxxxx 0, 0 Xxxx Xxxxxx, Xxxxx Xxxxxxx Xxxxxxxxx (Xx‑Proponents) of the third part.

IN witness whereof the Minister for. Mines has affixed his seal and set his hand hereto this day of IN WITNESS WHEREOF this Agreement has been executed by or on behalf of the parties hereto the day and year first hereinbefore mentioned. SIGNED by the said ) THE HONOURABLE XXXXXXXX ) XXX XXXXXX in the ) presence of: ) Xxxxx Xxxxxx Xxxxx MINISTER FOR STATE DEVELOPMENT THE COMMON SEAL of ) MINERALOGY PTY. LTD. was ) hereunto affixed by ) authority of the Directors ) in the presence of: ) ______________________________ Director — Clive Xxxxxxxxx Xxxxxx ______________________________ Director — Xxxxx Xxxxx Xxxxxx THE COMMON SEAL of ) AUSTEEL PTY. LTD. was ) hereunto affixed by ) authority of the Directors ) in the presence of: ) ______________________________ Director — Clive Xxxxxxxxx Xxxxxx ______________________________ Director — Xxxxx Xxxxx Xxxxxx THE COMMON SEAL of ) BALMORAL IRON PTY. LTD. ) was hereunto affixed by ) authority of the Directors ) in the presence of: ) ______________________________ Director — Clive Xxxxxxxxx Xxxxxx ______________________________ Director — Bronwyn Xxxx Xxxx THE COMMON SEAL of ) BELLSWATER PTY. LTD. was ) hereunto affixed by ) authority of the Directors ) in the presence of: ) ______________________________ Director — Clive Xxxxxxxx Xxxxxxx ______________________________ Secretary — Xxxxxx Xxxx Xxxx THE COMMON SEAL of ) BRUNEI STEEL PTY. LTD. was ) hereunto affixed by authority of ) the Directors in the presence of: ) ______________________________ Director — Clive Xxxxxxxxx Xxxxxx ______________________________ Director — Xxxxxx Xxxxxxx Xxxx THE COMMON SEAL of ) INTERNATIONAL MINERALS ) PTY. LTD. was hereunto affixed ) by authority of the Directors ) in the presence of: ) _____________________________ Director — Clive Xxxxxxxxx Xxxxxx ______________________________ Director — Clive Xxxxxxxx Xxxxxxx THE COMMON SEAL of ) KOREAN STEEL PTY. LTD. ) was hereunto affixed by ) authority of the Directors ) in the presence of: ) ______________________________ Director — Clive Xxxxxxxxx Xxxxxx ______________________________ Director — Clive Xxxxxxxx Xxxxxxx Schedule 2 — Variation agreement [s. 3 and 7] [Heading amended: No. 32 of 2020 s. 9.3] 2008 THE HONOURABLE COLIN XXXXX XXXXXXX PREMIER OF THE STATE OF WESTERN AUSTRALIA and MINERALOGY PTY. LTD. ACN 010 582 680 and AUSTEEL PTY. LTD. ACN 058 430 032 BALMORAL IRON PTY. LTD. ACN 058 429 931 ANSHAN RESOURCES PTY. LTD. ACN 000 000 000 KOREAN STEEL PTY. LTD. ACN 058 429 600 SINO IRON PTY. LTD. ACN 058 429 708 INTERNATIONAL MINERALS PTY. LTD. ACN 058 341 638 IRON ORE PROCESSING (MINERALOGY PTY LTD) AGREEMENT 2002 RATIFIED VARIATION AGREEMENT [Solicitor’s details] THIS AGREEMENT is made the 14th day of November 2008 BETWEEN THE HONOURABLE COLIN XXXXX XXXXXXX MEc., MLA., Premier of the State of Western Australia, acting for and on behalf of the said State and its instrumentalities from time to time (State) of the first part AND MINERALOGY PTY. LTD. ACN 010 582 680 of Mineralogy House, Level 8, 000 Xxxxxxx Xxxxxxx, Spring Hill, Queensland (Company) of the second part AND AUSTEEL PTY. LTD. ACN 058 430 032, BALMORAL IRON PTY. LTD. ACN 058 429 931 and ANSHAN RESOURCES PTY. LTD. ACN 058 429 977 000 000 000 all of Xxxxxxxxxx Xxxxx, Xxxxx 0, 000 Xxxxxxx Terrace, Spring Hill, Queensland, KOREAN STEEL PTY. LTD. ACN 058 429 600 of 00 Xx Xxxxxxx Xxxxxxx, Xxxxx, Xxxxxxx Xxxxxxxxx, SINO IRON PTY. LTD. ACN 058 429 708 of C/‑ C/- Xxxxxxx & Xxxxx, Xxxxx 00, 0 Xxxx Xxxxxx, Xxxxxx, Xxx Xxxxx Xxxxx and INTERNATIONAL MINERALS PTY. LTD. ACN 058 341 638 of Xxxxx 0, 0 Xxxx Xxxxxx, Xxxxx Xxxxxxx Xxxxxxxxx (Xx‑ProponentsCo-Proponents) of the third part.

IN witness whereof the Minister for. Mines has affixed his seal and set his hand hereto this day of IN WITNESS WHEREOF this Agreement has been executed by or on behalf of the parties hereto the day and year first hereinbefore mentioned. SIGNED by the said ) THE HONOURABLE XXXXXXXX ) XXX XXXXXX in the ) presence of: ) Xxxxx Xxxxxx Xxxxx MINISTER FOR STATE DEVELOPMENT THE COMMON SEAL of ) MINERALOGY PTY. LTD. was ) hereunto affixed by ) authority of the Directors ) in the presence of: ) ______________________________ Director — Clive Xxxxxxxxx Xxxxxx ______________________________ Director — Xxxxx Xxxxx Xxxxxx THE COMMON SEAL of ) AUSTEEL PTY. LTD. was ) hereunto affixed by ) authority of the Directors ) in the presence of: ) ______________________________ Director — Clive Xxxxxxxxx Xxxxxx ______________________________ Director — Xxxxx Xxxxx Xxxxxx THE COMMON SEAL of ) BALMORAL IRON PTY. LTD. ) was hereunto affixed by ) authority of the Directors ) in the presence of: ) ______________________________ Director — Clive Xxxxxxxxx Xxxxxx ______________________________ Director — Bronwyn Xxxx Xxxx THE COMMON SEAL of ) BELLSWATER PTY. LTD. was ) hereunto affixed by ) authority of the Directors ) in the presence of: ) ______________________________ Director — Clive Xxxxxxxx Xxxxxxx ______________________________ Secretary — Xxxxxx Xxxx Xxxx THE COMMON SEAL of ) BRUNEI STEEL PTY. LTD. was ) hereunto affixed by authority of ) the Directors in the presence of: ) ______________________________ Director — Clive Xxxxxxxxx Xxxxxx ______________________________ Director — Xxxxxx Xxxxxxx Xxxx THE COMMON SEAL of ) INTERNATIONAL MINERALS ) PTY. LTD. was hereunto affixed ) by authority of the Directors ) in the presence of: ) _____________________________ Director — Clive Xxxxxxxxx Xxxxxx ______________________________ Director — Clive Xxxxxxxx Xxxxxxx THE COMMON SEAL of ) KOREAN STEEL PTY. LTD. ) was hereunto affixed by ) authority of the Directors ) in the presence of: ) ______________________________ Director — Clive Xxxxxxxxx Xxxxxx ______________________________ Director — Clive Xxxxxxxx Xxxxxxx Schedule 2 — Variation agreement [s. 3 and 7] [Heading amended: No. 32 of 2020 s. 9.] 2008 THE HONOURABLE COLIN XXXXX XXXXXXX PREMIER OF THE STATE OF WESTERN AUSTRALIA and MINERALOGY PTY. LTD. ACN 010 582 680 and AUSTEEL PTY. LTD. ACN 058 430 032 BALMORAL IRON PTY. LTD. ACN 058 429 931 ANSHAN RESOURCES PTY. LTD. ACN 000 000 000 KOREAN STEEL PTY. LTD. ACN 058 429 600 SINO IRON PTY. LTD. ACN 058 429 708 INTERNATIONAL MINERALS PTY. LTD. ACN 058 341 638 IRON ORE PROCESSING (MINERALOGY PTY LTD) AGREEMENT 2002 RATIFIED VARIATION AGREEMENT [Solicitor’s details] THIS AGREEMENT is made the 14th day of November 2008 BETWEEN THE HONOURABLE COLIN XXXXX XXXXXXX MEc., MLA., Premier of the State of Western Australia, acting for and on behalf of the said State and its instrumentalities from time to time (State) of the first part AND MINERALOGY PTY. LTD. ACN 010 582 680 of Mineralogy House, Level 8, 000 Xxxxxxx Xxxxxxx, Spring Hill, Queensland (Company) of the second part AND AUSTEEL PTY. LTD. ACN 058 430 032, BALMORAL IRON PTY. LTD. ACN 058 429 931 and ANSHAN RESOURCES PTY. LTD. ACN 058 429 977 all of Xxxxxxxxxx Xxxxx, Xxxxx 0, 000 Xxxxxxx Terrace, Spring Hill, Queensland, KOREAN STEEL PTY. LTD. ACN 058 429 600 of 00 Xx Xxxxxxx Xxxxxxx, Xxxxx, Xxxxxxx Xxxxxxxxx, SINO IRON PTY. LTD. ACN 058 429 708 of C/‑ Xxxxxxx & Xxxxx, Xxxxx 00, 0 Xxxx Xxxxxx, Xxxxxx, Xxx Xxxxx Xxxxx and INTERNATIONAL MINERALS PTY. LTD. ACN 058 341 638 of Xxxxx 0, 0 Xxxx Xxxxxx, Xxxxx Xxxxxxx Xxxxxxxxx (Xx‑Proponents) of the third part._

IN witness whereof the Minister for. Mines has affixed his seal and set his hand hereto this day of IN WITNESS WHEREOF this Agreement has been executed by or on behalf of the parties hereto the day and year first hereinbefore mentioned. SIGNED by the said ) THE HONOURABLE XXXXXXXX ) XXX XXXXXX in the ) presence of: ) Xxxxx Xxxxxx Xxxxx MINISTER FOR STATE DEVELOPMENT THE COMMON SEAL of ) MINERALOGY PTY. LTD. was ) hereunto affixed by ) authority of the Directors ) in the presence of: ) ______________________________ Director — Clive Xxxxxxxxx Xxxxxx ______________________________ Director — Xxxxx Xxxxx Xxxxxx THE COMMON SEAL of ) AUSTEEL PTY. LTD. was ) hereunto affixed by ) authority of the Directors ) in the presence of: ) ______________________________ Director — Clive Xxxxxxxxx Xxxxxx ______________________________ Director — Xxxxx Xxxxx Xxxxxx THE COMMON SEAL of ) BALMORAL IRON PTY. LTD. ) was hereunto affixed by ) authority of the Directors ) in the presence of: ) ______________________________ Director — Clive Xxxxxxxxx Xxxxxx ______________________________ Director — Bronwyn Xxxx Xxxx THE COMMON SEAL of ) BELLSWATER PTY. LTD. was ) hereunto affixed by ) authority of the Directors ) in the presence of: ) ______________________________ Director — Clive Xxxxxxxx Xxxxxxx ______________________________ Secretary — Xxxxxx Xxxx Xxxx THE COMMON SEAL of ) BRUNEI STEEL PTY. LTD. was ) hereunto affixed by authority of ) the Directors in the presence of: ) ______________________________ Director — Clive Xxxxxxxxx Xxxxxx ______________________________ Director — Xxxxxx Xxxxxxx Xxxx THE COMMON SEAL of ) INTERNATIONAL MINERALS ) PTY. LTD. was hereunto affixed ) by authority of the Directors ) in the presence of: ) _____________________________ Director — Clive Xxxxxxxxx Xxxxxx ______________________________ Director — Clive Xxxxxxxx Xxxxxxx THE COMMON SEAL of ) KOREAN STEEL PTY. LTD. ) was hereunto affixed by ) authority of the Directors ) in the presence of: ) ______________________________ Director — Clive Xxxxxxxxx Xxxxxx ______________________________ Director — Clive Xxxxxxxx Xxxxxxx Schedule 2 — Variation agreement [s. 3 and 7] [Heading amended: No. 32 of 2020 s. 9.] 2008 THE HONOURABLE COLIN XXXXX XXXXXXX PREMIER OF THE STATE OF WESTERN AUSTRALIA and MINERALOGY PTY. LTD. ACN 010 582 680 and AUSTEEL PTY. LTD. ACN 058 430 032 BALMORAL IRON PTY. LTD. ACN 058 429 931 ANSHAN RESOURCES PTY. LTD. ACN 000 000 000 KOREAN STEEL PTY. LTD. ACN 058 429 600 SINO IRON PTY. LTD. ACN 058 429 708 INTERNATIONAL MINERALS PTY. LTD. ACN 058 341 638 IRON ORE PROCESSING (MINERALOGY PTY LTD) AGREEMENT 2002 RATIFIED VARIATION AGREEMENT [Solicitor’s details] THIS AGREEMENT Notes This is made the 14th day of November 2008 BETWEEN THE HONOURABLE COLIN XXXXX XXXXXXX MEc., MLA., Premier a compilation of the State of Western Australia, acting for and on behalf of the said State and its instrumentalities from time to time Iron Ore Processing (State) of the first part AND MINERALOGY PTYMineralogy Pty. LTD. ACN 010 582 680 of Mineralogy House, Level 8, 000 Xxxxxxx Xxxxxxx, Spring Hill, Queensland (Company) of the second part AND AUSTEEL PTY. LTD. ACN 058 430 032, BALMORAL IRON PTY. LTD. ACN 058 429 931 and ANSHAN RESOURCES PTY. LTD. ACN 058 429 977 all of Xxxxxxxxxx Xxxxx, Xxxxx 0, 000 Xxxxxxx Terrace, Spring Hill, Queensland, KOREAN STEEL PTY. LTD. ACN 058 429 600 of 00 Xx Xxxxxxx Xxxxxxx, Xxxxx, Xxxxxxx Xxxxxxxxx, SINO IRON PTY. LTD. ACN 058 429 708 of C/‑ Xxxxxxx & Xxxxx, Xxxxx 00, 0 Xxxx Xxxxxx, Xxxxxx, Xxx Xxxxx Xxxxx and INTERNATIONAL MINERALS PTY. LTD. ACN 058 341 638 of Xxxxx 0, 0 Xxxx Xxxxxx, Xxxxx Xxxxxxx Xxxxxxxxx (Xx‑Proponents) of the third part.Ltd.)