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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).

Greenbushes

Western Australia, Australia · Producing · 25.0% ownedUnverified

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 (% Li2O)	Contained (Mt LCE)	As at
Measured	1.00 Mt	2.60% Li2O	0.06 Mt LCE	31 Dec 2024
Indicated	390.00 Mt	1.50% Li2O	14.47 Mt LCE	31 Dec 2024
Inferred	49.00 Mt	1.10% Li2O	1.33 Mt LCE	31 Dec 2024
Total Resources	101.00 Mt	0.00% Li2O	0.00 Mt LCE	31 Dec 2024
Proved	1.00 Mt	2.60% Li2O	0.06 Mt LCE	31 Dec 2024
Probable	171.00 Mt	1.90% Li2O	8.03 Mt LCE	31 Dec 2024
Total Reserves	172.00 Mt	1.90% Li2O	8.08 Mt LCE	31 Dec 2024

Dotted tonnes/grade are derived under the active Resources treatment: tonnes are netted of (or grossed by) the reserve tonnage alongside contained, and grade is re-derived as netted contained ÷ netted tonnes — not the published figures.

Cut-off grade

0.50% Li2O · 0.70% Li2O

Price assumption

—

JORC code year

2012

Peer benchmark — producing Li projects (18 with resources)Resource size P69Resource grade P58View 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: FY25 Mineral Resources and Ore Reserves Report · 31 Dec 2024
Reporting code: JORC 2012
Convention: inclusive
Currency assumption: A$

Current R&R

Resources

Area	Category	Tonnes (Mt)	Li		As at	Source	Provenance
Area	Category	Tonnes (Mt)	Grade (% Li2O)	Contained (Mt LCE)	As at	Source	Provenance
Total	Measured	1.00 Mt	2.60% Li2O	0.06 Mt LCE	31 Dec 2024	12Unverified Evidence record Greenbushes Measured · Li · as at 2024-12-31 Reported figure Area Whole project Basis 100% Ore tonnes (t) 1000000.0000 Grade 2.6000 Contained (t LCE) 64298.0000 Classification Resource Source trail FY25 Mineral Resources and Ore Reserves Report 12 Published 2025-08-28 Verification Approved; not independently verified · Model extracted QA WARN: identical figures appear under ANOTHER area label of this project in the same document — likely one printed estimate stored twice (a summary/grouping line duplicating its leaf). Keep one copy; reject the relabelled twin. QA INFO: possible missing commodity coverage — the document prints Cu, Ni, Co grade/contained column(s) but the extraction emitted no Cu, Ni, Co rows; verify the R&R table columns (live class: GMTL Pilot Mountain Zn). Copies a pre-filled issue record so you can send it through your normal channel.

Reserves

Area	Category	Tonnes (Mt)	Li		As at	Source	Provenance
Area	Category	Tonnes (Mt)	Grade (% Li2O)	Contained (Mt LCE)	As at	Source	Provenance
Total	Proved	1.00 Mt	2.60% Li2O	0.06 Mt LCE	31 Dec 2024	13Unverified Evidence record Greenbushes Proved · Li · as at 2024-12-31 Reported figure Area Whole project Basis 100% Ore tonnes (t) 1000000.0000 Grade 2.6000 Contained (t LCE) 64298.0000 Classification Reserve Source trail FY25 Mineral Resources and Ore Reserves Report 13 Published 2025-08-28 Verification Approved; not independently verified · Model extracted QA WARN: identical figures appear under ANOTHER area label of this project in the same document — likely one printed estimate stored twice (a summary/grouping line duplicating its leaf). Keep one copy; reject the relabelled twin. QA INFO: possible missing commodity coverage — the document prints Cu, Ni, Co grade/contained column(s) but the extraction emitted no Cu, Ni, Co rows; verify the R&R table columns (live class: GMTL Pilot Mountain Zn). Copies a pre-filled issue record so you can send it through your normal channel.	notes (3) Source: FY25 Mineral Resources and Ore Reserves Report · published 28 Aug 2025 Ref: 13 JORC 2012 — Reporting code of record: JORC 2012 Cutoff 0.70% Li2O — Cut-off grade assumption from the source statement. QA notes: QA WARN: identical figures appear under ANOTHER area label of this project in the same document — likely one printed estimate stored twice (a summary/grouping line duplicating its leaf). Keep one copy; reject the relabelled twin. QA INFO: possible missing commodity coverage — the document prints Cu, Ni, Co grade/contained column(s) but the extraction emitted no Cu, Ni, Co rows; verify the R&R table columns (live class: GMTL Pilot Mountain Zn).
Total	Probable	171.00 Mt	1.90% Li2O	8.03 Mt LCE	31 Dec 2024	13Unverified Evidence record Greenbushes Probable · Li · as at 2024-12-31 Reported figure Area Whole project Basis 100% Ore tonnes (t) 171000000.0000 Grade 1.9000 Contained (t LCE) 8034777.0000 Classification Reserve Source trail FY25 Mineral Resources and Ore Reserves Report 13 Published 2025-08-28 Verification Approved; not independently verified · Model extracted QA INFO: possible missing commodity coverage — the document prints Cu, Ni, Co grade/contained column(s) but the extraction emitted no Cu, Ni, Co rows; verify the R&R table columns (live class: GMTL Pilot Mountain Zn). Copies a pre-filled issue record so you can send it through your normal channel.	notes (3) Source:
Total	Total Reserves	172.00 Mt	1.90% Li2O	8.08 Mt LCE	31 Dec 2024	13Unverified Evidence record Greenbushes Total Reserve · Li · as at 2024-12-31 Reported figure Area Whole project Basis 100% Ore tonnes (t) 172000000.0000 Grade 1.9000 Contained (t LCE) 8081764.0000 Classification Reserve Source trail FY25 Mineral Resources and Ore Reserves Report 13 Published 2025-08-28 Verification Approved; not independently verified · Model extracted QA INFO: possible missing commodity coverage — the document prints Cu, Ni, Co grade/contained column(s) but the extraction emitted no Cu, Ni, Co rows; verify the R&R table columns (live class: GMTL Pilot Mountain Zn). Copies a pre-filled issue record so you can send it through your normal channel.	notes (3)
Central Lode	Probable	128.00 Mt	1.90% Li2O	6.01 Mt LCE	31 Dec 2024	13Unverified Evidence record Greenbushes Probable · Li · as at 2024-12-31 Reported figure Area Central Lode Basis 100% Ore tonnes (t) 128000000.0000 Grade 1.9000 Contained (t LCE) 6014336.0000 Classification Reserve Source trail FY25 Mineral Resources and Ore Reserves Report 13 Published 2025-08-28 Verification Approved; not independently verified · Model extracted QA INFO: possible missing commodity coverage — the document prints Cu, Ni, Co grade/contained column(s) but the extraction emitted no Cu, Ni, Co rows; verify the R&R table columns (live class: GMTL Pilot Mountain Zn). Copies a pre-filled issue record so you can send it through your normal channel.	notes (3) Source: FY25 Mineral Resources and Ore Reserves Report
Central Lode	Total Reserves	128.00 Mt	1.90% Li2O	6.01 Mt LCE	31 Dec 2024	13Unverified Evidence record Greenbushes Total Reserve · Li · as at 2024-12-31 Reported figure Area Central Lode Basis 100% Ore tonnes (t) 128000000.0000 Grade 1.9000 Contained (t LCE) 6014336.0000 Classification Reserve Source trail FY25 Mineral Resources and Ore Reserves Report 13 Published 2025-08-28 Verification Approved; not independently verified · Model extracted QA INFO: possible missing commodity coverage — the document prints Cu, Ni, Co grade/contained column(s) but the extraction emitted no Cu, Ni, Co rows; verify the R&R table columns (live class: GMTL Pilot Mountain Zn). Copies a pre-filled issue record so you can send it through your normal channel.	notes (3) Source: FY25 Mineral Resources and Ore Reserves Report
Kapanga	Probable	38.00 Mt	1.90% Li2O	1.79 Mt LCE	31 Dec 2024	13Unverified Evidence record Greenbushes Probable · Li · as at 2024-12-31 Reported figure Area Kapanga Basis 100% Ore tonnes (t) 38000000.0000 Grade 1.9000 Contained (t LCE) 1785506.0000 Classification Reserve Source trail FY25 Mineral Resources and Ore Reserves Report 13 Published 2025-08-28 Verification Approved; not independently verified · Model extracted QA INFO: possible missing commodity coverage — the document prints Cu, Ni, Co grade/contained column(s) but the extraction emitted no Cu, Ni, Co rows; verify the R&R table columns (live class: GMTL Pilot Mountain Zn). Copies a pre-filled issue record so you can send it through your normal channel.	notes (3) Source: FY25 Mineral Resources and Ore Reserves Report
Kapanga	Total Reserves	38.00 Mt	1.90% Li2O	1.79 Mt LCE	31 Dec 2024	13Unverified Evidence record Greenbushes Total Reserve · Li · as at 2024-12-31 Reported figure Area Kapanga Basis 100% Ore tonnes (t) 38000000.0000 Grade 1.9000 Contained (t LCE) 1785506.0000 Classification Reserve Source trail FY25 Mineral Resources and Ore Reserves Report 13 Published 2025-08-28 Verification Approved; not independently verified · Model extracted QA INFO: possible missing commodity coverage — the document prints Cu, Ni, Co grade/contained column(s) but the extraction emitted no Cu, Ni, Co rows; verify the R&R table columns (live class: GMTL Pilot Mountain Zn). Copies a pre-filled issue record so you can send it through your normal channel.	notes (3) Source: FY25 Mineral Resources and Ore Reserves Report
Stockpiles	Proved	1.00 Mt	2.60% Li2O	0.06 Mt LCE	31 Dec 2024	13Unverified Evidence record Greenbushes Proved · Li · as at 2024-12-31 Reported figure Area Stockpiles Basis 100% Ore tonnes (t) 1000000.0000 Grade 2.6000 Contained (t LCE) 64298.0000 Classification Reserve Source trail FY25 Mineral Resources and Ore Reserves Report 13 Published 2025-08-28 Verification Approved; not independently verified · Model extracted QA WARN: identical figures appear under ANOTHER area label of this project in the same document — likely one printed estimate stored twice (a summary/grouping line duplicating its leaf). Keep one copy; reject the relabelled twin. QA INFO: possible missing commodity coverage — the document prints Cu, Ni, Co grade/contained column(s) but the extraction emitted no Cu, Ni, Co rows; verify the R&R table columns (live class: GMTL Pilot Mountain Zn). Copies a pre-filled issue record so you can send it through your normal channel.	notes (3)
Stockpiles	Probable	1.00 Mt	2.30% Li2O	0.06 Mt LCE	31 Dec 2024	13Unverified Evidence record Greenbushes Probable · Li · as at 2024-12-31 Reported figure Area Stockpiles Basis 100% Ore tonnes (t) 1000000.0000 Grade 2.3000 Contained (t LCE) 56879.0000 Classification Reserve Source trail FY25 Mineral Resources and Ore Reserves Report 13 Published 2025-08-28 Verification Approved; not independently verified · Model extracted QA INFO: possible missing commodity coverage — the document prints Cu, Ni, Co grade/contained column(s) but the extraction emitted no Cu, Ni, Co rows; verify the R&R table columns (live class: GMTL Pilot Mountain Zn). Copies a pre-filled issue record so you can send it through your normal channel.	notes (3) Source: FY25 Mineral Resources and Ore Reserves Report
Stockpiles	Total Reserves	2.00 Mt	2.30% Li2O	0.11 Mt LCE	31 Dec 2024	13Unverified Evidence record Greenbushes Total Reserve · Li · as at 2024-12-31 Reported figure Area Stockpiles Basis 100% Ore tonnes (t) 2000000.0000 Grade 2.3000 Contained (t LCE) 113758.0000 Classification Reserve Source trail FY25 Mineral Resources and Ore Reserves Report 13 Published 2025-08-28 Verification Approved; not independently verified · Model extracted QA INFO: possible missing commodity coverage — the document prints Cu, Ni, Co grade/contained column(s) but the extraction emitted no Cu, Ni, Co rows; verify the R&R table columns (live class: GMTL Pilot Mountain Zn). Copies a pre-filled issue record so you can send it through your normal channel.	notes (3) Source: FY25 Mineral Resources and Ore Reserves Report
TSF1	Probable	3.00 Mt	1.30% Li2O	0.10 Mt LCE	31 Dec 2024	13Unverified Evidence record Greenbushes Probable · Li · as at 2024-12-31 Reported figure Area TSF1 Basis 100% Ore tonnes (t) 3000000.0000 Grade 1.3000 Contained (t LCE) 96447.0000 Classification Reserve Source trail FY25 Mineral Resources and Ore Reserves Report 13 Published 2025-08-28 Verification Approved; not independently verified · Model extracted QA INFO: possible missing commodity coverage — the document prints Cu, Ni, Co grade/contained column(s) but the extraction emitted no Cu, Ni, Co rows; verify the R&R table columns (live class: GMTL Pilot Mountain Zn). Copies a pre-filled issue record so you can send it through your normal channel.	notes (3) Source: FY25 Mineral Resources and Ore Reserves Report
TSF1	Total Reserves	3.00 Mt	1.30% Li2O	0.10 Mt LCE	31 Dec 2024	13Unverified Evidence record Greenbushes Total Reserve · Li · as at 2024-12-31 Reported figure Area TSF1 Basis 100% Ore tonnes (t) 3000000.0000 Grade 1.3000 Contained (t LCE) 96447.0000 Classification Reserve Source trail FY25 Mineral Resources and Ore Reserves Report 13 Published 2025-08-28 Verification Approved; not independently verified · Model extracted QA INFO: possible missing commodity coverage — the document prints Cu, Ni, Co grade/contained column(s) but the extraction emitted no Cu, Ni, Co rows; verify the R&R table columns (live class: GMTL Pilot Mountain Zn). Copies a pre-filled issue record so you can send it through your normal channel.	notes (3) Source: FY25 Mineral Resources and Ore Reserves Report