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Reporting assumptions

These choices persist and are added to shared URLs.

Ownership basis

Show the full project inventory before ownership adjustment.

Display scale

Display contained quantities in millions of ounces or tonnes.

Resource treatment

Normalise Resources to exclude Reserves: where a project is flagged inclusive, net Reserves out of Resources so the figure is additional Resources beyond Reserves. Unknown-convention rows are shown as stated.

Resource total

Total Resource includes Inferred (JORC convention). Totals are re-derived from category rows wherever the document discloses them.

Recovery basis

Show the issuer's headline recoverable figure as reported. Lithium-brine reserves already have the brine-processing recovery factor applied; everything else is shown as stated.

Commodity view

Primary view: each commodity in its own contained unit (oz / t).

Flying Fish

Western Australia, Australia · ProducingUnverified

Current R&R by category

Whole-project rollup at the latest vintage per category: printed project-level rows are preferred, and mining areas are summed (tonnes-weighted grade) only where the issuer prints no project-level row. Per-area and per-source detail in the Current R&R table below.

Category	Tonnes (Mt)	Grade (% Fe)	Contained (Mt Fe)	As at
Measured	81.00 Mt	58.30%	47.22 Mt Fe	30 June 2025
Indicated	27.00 Mt	60.50%	16.34 Mt Fe	30 June 2025
Inferred	93.00 Mt	58.00%	53.94 Mt Fe	30 June 2025
Total Resources	200.00 Mt	58.50%	117.00 Mt Fe	30 June 2025
Proved	—	—	—	—
Probable	—	—	—	—
Total Reserves	—	—	—	—

Cut-off grade

51.5000 % Fe

Price assumption

—

JORC code year

2012

Peer benchmark — producing Fe projects (34 with resources)Resource size P25Resource grade P78View on grade-tonnage chart →

Percentile of this project's current total Resource among covered peers (P100 = largest / highest grade). Basis and Inferred toggles apply.

Data quality

Latest source: Fortescue FY25 Annual Report and Appendix 4E (Ore Reserves and Mineral Resources chapter) · 30 June 2025
Reporting code: JORC 2012
Convention: inclusive
Currency assumption: A$

Current R&R

Resources

Area	Category	Tonnes (Mt)	Fe		As at	Source	Provenance
Area	Category	Tonnes (Mt)	Grade (% Fe)	Contained (Mt Fe)	As at	Source	Provenance
Western Hub	Measured	81.00 Mt	58.30%	47.22 Mt Fe	30 June 2025	page 52Unverified Evidence record Flying Fish Measured · Fe · as at 2025-06-30 Reported figure Area Western Hub Basis 100% Ore tonnes (t) 81000000.0000 Grade 58.3000 Contained (t Fe) 47223000.0000 Classification Resource Source trail Fortescue FY25 Annual Report and Appendix 4E (Ore Reserves and Mineral Resources chapter) page 52 Published 2025-08-26 Verification Approved; not independently verified · Model extracted QA WARN: area 'Western Hub' references sibling project 'western hub' stored from this same document — likely an umbrella/headline summary duplicate of that project's own rows; policy keeps the per-project rows. QA WARN: the document's own prose places project 'Flying Fish' INSIDE 'greater western' (explicit containment phrase) — deposit-as-project fragmentation (t55 SVY Cayley class): approving both double-counts the parent. Re-file as (project='greater western', area='Flying Fish') or reject. Copies a pre-filled issue record so you can send it through your normal channel.

Western Hub

Total Resources

200.00 Mt

58.50%

117.00 Mt Fe

30 June 2025

page 52Unverified

notes (4)

Source: Fortescue FY25 Annual Report and Appendix 4E (Ore Reserves and Mineral Resources chapter) · published 26 Aug 2025

Ref: page 52

JORC 2012 — Reporting code of record: JORC 2012
Cutoff 51.50 % Fe — Cut-off grade assumption from the source statement.
inc — Stated Resources are inclusive of Reserves. Set Resources: Excl. Reserves to net them out.

QA notes:

QA WARN: area 'Western Hub' references sibling project 'western hub' stored from this same document — likely an umbrella/headline summary duplicate of that project's own rows; policy keeps the per-project rows. QA WARN: cross-category subtotal — this total_resource row on area 'Western Hub' equals the sum of the same area's measured+indicated+inferred leaves — a per-deposit M&I/P&P-style total (t24 LUN/LUG NI 43-101 class). Policy keeps category leaves + the whole-project Total; adjudicate per the per-property-totals precedent before approval. QA WARN: the document's own prose places project 'Flying Fish' INSIDE 'greater western' (explicit containment phrase) — deposit-as-project fragmentation (t55 SVY Cayley class): approving both double-counts the parent. Re-file as (project='greater western', area='Flying Fish') or reject.