Draft ASX announcement re shareholder approval


21 September 2015 Mt Marion Lithium Project Offtake and Equity Investment Ganfeng shareholder approval

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 announcement 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 Ganfeng's shareholders today approved the transactions contemplated by the formal agreements. This satisfies the condition precedent in the formal documents for receipt of Ganfeng shareholder approval.
The formal agreements remain conditional upon Ganfeng receiving approval of the transaction from the Jiangxi Provincial Government, which is due to be completed within the next week.
Subject to the above condition, financial close of the transaction is expected to occur in early
October 2015.

ENDS

For further information, please contact:

Chris Reed

Managing Director
Neometals Ltd
T: +61 8 9322 1182
E: info@neometals.com.au

Bruce Goulds

CFO/Company Secretary
Mineral Resources Limited
T: +61 8 9329 3600
E: bruce.goulds@mineralresources.com.au

Media

Richard Glass / Michael Weir
Citadel-MAGNUS
T: +61 8 6160 4900

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