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Reporting assumptions

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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).

Murrin Murrin

Western Australia, Australia · Producing · 100.0% 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.

Ni

Category	Tonnes (Mt)	Grade (% Ni)	Contained (Mt Ni)	As at
Measured	151.00 Mt	0.96%	1.45 Mt Ni	31 Dec 2025
Indicated	43.00 Mt	0.93%	0.40 Mt Ni	31 Dec 2025
M&I = Measured + Indicated (overlaps both)	194.00 Mt	0.96%	1.86 Mt Ni	31 Dec 2025
Inferred	6.00 Mt	0.88%	0.05 Mt Ni	31 Dec 2025
Total Resources	6.70 Mt	0.00%	0.00 Mt Ni	31 Dec 2025
Proved	102.00 Mt	1.00%	1.02 Mt Ni	31 Dec 2025
Probable	16.20 Mt	1.00%	0.16 Mt Ni	31 Dec 2025
Total Reserves	118.00 Mt	1.00%	1.18 Mt Ni	31 Dec 2025

M&I is the issuer's printed Measured + Indicated subtotal — it overlaps the Measured and Indicated rows and is never added alongside them; the Total rows and every rollup already exclude it.

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.

Co

Category	Tonnes (Mt)	Grade (% Co)	Contained (Mt Co)	As at
Measured	151.00 Mt	0.08%	0.12 Mt Co	31 Dec 2025
Indicated	43.00 Mt	0.10%	0.04 Mt Co	31 Dec 2025
M&I = Measured + Indicated (overlaps both)	194.00 Mt	0.08%	0.16 Mt Co	31 Dec 2025
Inferred	6.00 Mt	0.06%	3.6 kt Co	31 Dec 2025
Total Resources

Cut-off grade

0.9000 % Ni · 0.9000 % Co · 1.1000 % Ni · 1.1000 % Co

Price assumption

—

JORC code year

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Peer benchmark — producing Ni projects (17 with resources)Resource size P62Resource grade P15View 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: Glencore plc - Resources and Reserves Report 2025 (dedicated annual R&R statement, as at 31 Dec 2025; minedocs mirror of the glencore.com original) · 31 Dec 2025
Reporting code: unknown
Convention: inclusive
Currency assumption: GBP

Current R&R

Resources

Area	Category	Tonnes (Mt)	Ni		Co		As at	Source	Provenance
Area	Category	Tonnes (Mt)	Grade (% Ni)	Contained (Mt Ni)	Grade (% Co)	Contained (Mt Co)	As at	Source	Provenance
Total	Measured	151.00 Mt	0.96%	1.45 Mt Ni	0.08%	0.12 Mt Co	31 Dec 2025	34Unverified

Reserves

Area	Category	Tonnes (Mt)	Ni		Co		As at	Source	Provenance
Area	Category	Tonnes (Mt)	Grade (% Ni)	Contained (Mt Ni)	Grade (% Co)	Contained (Mt Co)	As at	Source	Provenance
Total	Proved	102.00 Mt	1.00%	1.02 Mt Ni	0.08%	0.08 Mt Co	31 Dec 2025	34Unverified Evidence record Murrin Murrin Proved · Co · as at 2025-12-31 Reported figure Area Whole project Basis 100% Ore tonnes (t) 102000000.0000 Grade 0.0800 Contained (t Co) 81600.0000 Classification Reserve Source trail Glencore plc - Resources and Reserves Report 2025 (dedicated annual R&R statement, as at 31 Dec 2025; minedocs mirror of the glencore.com original) 34 Published 2026-01-29 Verification Approved; not independently verified · Model extracted Copies a pre-filled issue record so you can send it through your normal channel.	notes (2) Source: Glencore plc - Resources and Reserves Report 2025 (dedicated annual R&R statement, as at 31 Dec 2025; minedocs mirror of the glencore.com original) · published 29 Jan 2026 Ref: 34 Unknown code — Reporting code not yet captured for this row. Cutoff 0.90 % Co — Cut-off grade assumption from the source statement.
Total	Probable	16.20 Mt	1.00%	0.16 Mt Ni	0.07%	0.01 Mt Co	31 Dec 2025	34Unverified Evidence record Murrin Murrin Probable · Co · as at 2025-12-31 Reported figure Area Whole project Basis 100% Ore tonnes (t) 16200000.0000 Grade 0.0700 Contained (t Co) 11340.0000 Classification Reserve Source trail Glencore plc - Resources and Reserves Report 2025 (dedicated annual R&R statement, as at 31 Dec 2025; minedocs mirror of the glencore.com original) 34 Published 2026-01-29 Verification Approved; not independently verified · Model extracted Copies a pre-filled issue record so you can send it through your normal channel.	notes (2) Source: Glencore plc - Resources and Reserves Report 2025 (dedicated annual R&R statement, as at 31 Dec 2025; minedocs mirror of the glencore.com original)
Total	Total Reserves	118.00 Mt	1.00%	1.18 Mt Ni	0.08%	0.09 Mt Co	31 Dec 2025	34Unverified Evidence record Murrin Murrin Total Reserve · Ni · as at 2025-12-31 Reported figure Area Whole project Basis 100% Ore tonnes (t) 118000000.0000 Grade 1.0000 Contained (t Ni) 1180000.0000 Classification Reserve Source trail Glencore plc - Resources and Reserves Report 2025 (dedicated annual R&R statement, as at 31 Dec 2025; minedocs mirror of the glencore.com original) 34 Published 2026-01-29 Verification Approved; not independently verified · Model extracted Copies a pre-filled issue record so you can send it through your normal channel.	notes (2) Source: Glencore plc - Resources and Reserves Report 2025 (dedicated annual R&R statement, as at 31 Dec 2025; minedocs mirror of the glencore.com original)
Irwin Hills	Proved	20.10 Mt	1.08%	0.22 Mt Ni	0.14%	0.03 Mt Co	31 Dec 2025	34Unverified Evidence record Murrin Murrin Proved · Ni · as at 2025-12-31 Reported figure Area Irwin Hills Basis 100% Ore tonnes (t) 20100000.0000 Grade 1.0800 Contained (t Ni) 217080.0000 Classification Reserve Source trail Glencore plc - Resources and Reserves Report 2025 (dedicated annual R&R statement, as at 31 Dec 2025; minedocs mirror of the glencore.com original) 34 Published 2026-01-29 Verification Approved; not independently verified · Model extracted Copies a pre-filled issue record so you can send it through your normal channel.	notes (2) Source: Glencore plc - Resources and Reserves Report 2025 (dedicated annual R&R statement, as at 31 Dec 2025; minedocs mirror of the glencore.com original) · published 29 Jan 2026 34
Irwin Hills	Probable	0.20 Mt	1.02%	2.04 kt Ni	0.12%	0.24 kt Co	31 Dec 2025	34Unverified Evidence record Murrin Murrin Probable · Ni · as at 2025-12-31 Reported figure Area Irwin Hills Basis 100% Ore tonnes (t) 200000.0000 Grade 1.0200 Contained (t Ni) 2040.0000 Classification Reserve Source trail Glencore plc - Resources and Reserves Report 2025 (dedicated annual R&R statement, as at 31 Dec 2025; minedocs mirror of the glencore.com original) 34 Published 2026-01-29 Verification Approved; not independently verified · Model extracted Copies a pre-filled issue record so you can send it through your normal channel.	notes (2) Source: Glencore plc - Resources and Reserves Report 2025 (dedicated annual R&R statement, as at 31 Dec 2025; minedocs mirror of the glencore.com original) · published 29 Jan 2026 34
Irwin Hills	Total Reserves	20.30 Mt	1.08%	0.22 Mt Ni	0.14%	0.03 Mt Co	31 Dec 2025	34Unverified Evidence record Murrin Murrin Total Reserve · Co · as at 2025-12-31 Reported figure Area Irwin Hills Basis 100% Ore tonnes (t) 20300000.0000 Grade 0.1400 Contained (t Co) 28420.0000 Classification Reserve Source trail Glencore plc - Resources and Reserves Report 2025 (dedicated annual R&R statement, as at 31 Dec 2025; minedocs mirror of the glencore.com original) 34 Published 2026-01-29 Verification Approved; not independently verified · Model extracted QA WARN: cross-category subtotal — this total_reserve row on area 'Irwin Hills' equals the sum of the same area's proved 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. \| t87g QA approve (g1): Copies a pre-filled issue record so you can send it through your normal channel.	notes (4) Source:
Murrin East	Proved	8.70 Mt	1.09%	0.09 Mt Ni	0.11%	0.01 Mt Co	31 Dec 2025	34Unverified Evidence record Murrin Murrin Proved · Co · as at 2025-12-31 Reported figure Area Murrin East Basis 100% Ore tonnes (t) 8700000.0000 Grade 0.1100 Contained (t Co) 9570.0000 Classification Reserve Source trail Glencore plc - Resources and Reserves Report 2025 (dedicated annual R&R statement, as at 31 Dec 2025; minedocs mirror of the glencore.com original) 34 Published 2026-01-29 Verification Approved; not independently verified · Model extracted Copies a pre-filled issue record so you can send it through your normal channel.	notes (2) Source: Glencore plc - Resources and Reserves Report 2025 (dedicated annual R&R statement, as at 31 Dec 2025; minedocs mirror of the glencore.com original) · published 29 Jan 2026 34
Murrin East	Probable	0.50 Mt	1.05%	0.01 Mt Ni	0.10%	0.5 kt Co	31 Dec 2025	34Unverified Evidence record Murrin Murrin Probable · Co · as at 2025-12-31 Reported figure Area Murrin East Basis 100% Ore tonnes (t) 500000.0000 Grade 0.1000 Contained (t Co) 500.0000 Classification Reserve Source trail Glencore plc - Resources and Reserves Report 2025 (dedicated annual R&R statement, as at 31 Dec 2025; minedocs mirror of the glencore.com original) 34 Published 2026-01-29 Verification Approved; not independently verified · Model extracted Copies a pre-filled issue record so you can send it through your normal channel.	notes (2) Source: Glencore plc - Resources and Reserves Report 2025 (dedicated annual R&R statement, as at 31 Dec 2025; minedocs mirror of the glencore.com original) · published 29 Jan 2026 34
Murrin East	Total Reserves	9.20 Mt	1.09%	0.10 Mt Ni	0.11%	0.01 Mt Co	31 Dec 2025	34Unverified Evidence record Murrin Murrin Total Reserve · Co · as at 2025-12-31 Reported figure Area Murrin East Basis 100% Ore tonnes (t) 9200000.0000 Grade 0.1100 Contained (t Co) 10120.0000 Classification Reserve Source trail Glencore plc - Resources and Reserves Report 2025 (dedicated annual R&R statement, as at 31 Dec 2025; minedocs mirror of the glencore.com original) 34 Published 2026-01-29 Verification Approved; not independently verified · Model extracted QA WARN: cross-category subtotal — this total_reserve row on area 'Murrin East' equals the sum of the same area's proved+probable 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. \| t87g QA approve (g1): Copies a pre-filled issue record so you can send it through your normal channel.	notes (4) Source:
Murrin North	Proved	19.00 Mt	1.01%	0.19 Mt Ni	0.07%	0.01 Mt Co	31 Dec 2025	34Unverified Evidence record Murrin Murrin Proved · Co · as at 2025-12-31 Reported figure Area Murrin North Basis 100% Ore tonnes (t) 19000000.0000 Grade 0.0700 Contained (t Co) 13300.0000 Classification Reserve Source trail Glencore plc - Resources and Reserves Report 2025 (dedicated annual R&R statement, as at 31 Dec 2025; minedocs mirror of the glencore.com original) 34 Published 2026-01-29 Verification Approved; not independently verified · Model extracted Copies a pre-filled issue record so you can send it through your normal channel.	notes (2) Source: Glencore plc - Resources and Reserves Report 2025 (dedicated annual R&R statement, as at 31 Dec 2025; minedocs mirror of the glencore.com original) · published 29 Jan 2026 34
Murrin North	Probable	11.30 Mt	0.99%	0.11 Mt Ni	0.07%	0.01 Mt Co	31 Dec 2025	34Unverified Evidence record Murrin Murrin Probable · Co · as at 2025-12-31 Reported figure Area Murrin North Basis 100% Ore tonnes (t) 11300000.0000 Grade 0.0700 Contained (t Co) 7910.0000 Classification Reserve Source trail Glencore plc - Resources and Reserves Report 2025 (dedicated annual R&R statement, as at 31 Dec 2025; minedocs mirror of the glencore.com original) 34 Published 2026-01-29 Verification Approved; not independently verified · Model extracted Copies a pre-filled issue record so you can send it through your normal channel.	notes (2) Source: Glencore plc - Resources and Reserves Report 2025 (dedicated annual R&R statement, as at 31 Dec 2025; minedocs mirror of the glencore.com original) · published 29 Jan 2026
Murrin North	Total Reserves	30.30 Mt	1.00%	0.30 Mt Ni	0.07%	0.02 Mt Co	31 Dec 2025	34Unverified Evidence record Murrin Murrin Total Reserve · Co · as at 2025-12-31 Reported figure Area Murrin North Basis 100% Ore tonnes (t) 30300000.0000 Grade 0.0700 Contained (t Co) 21210.0000 Classification Reserve Source trail Glencore plc - Resources and Reserves Report 2025 (dedicated annual R&R statement, as at 31 Dec 2025; minedocs mirror of the glencore.com original) 34 Published 2026-01-29 Verification Approved; not independently verified · Model extracted QA WARN: cross-category subtotal — this total_reserve row on area 'Murrin North' equals the sum of the same area's proved+probable 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. \| t87g QA approve (g1): Copies a pre-filled issue record so you can send it through your normal channel.	notes (4) Source:
Murrin South	Proved	11.30 Mt	1.05%	0.12 Mt Ni	0.07%	0.01 Mt Co	31 Dec 2025	34Unverified Evidence record Murrin Murrin Proved · Ni · as at 2025-12-31 Reported figure Area Murrin South Basis 100% Ore tonnes (t) 11300000.0000 Grade 1.0500 Contained (t Ni) 118650.0000 Classification Reserve Source trail Glencore plc - Resources and Reserves Report 2025 (dedicated annual R&R statement, as at 31 Dec 2025; minedocs mirror of the glencore.com original) 34 Published 2026-01-29 Verification Approved; not independently verified · Model extracted Copies a pre-filled issue record so you can send it through your normal channel.	notes (2) Source: Glencore plc - Resources and Reserves Report 2025 (dedicated annual R&R statement, as at 31 Dec 2025; minedocs mirror of the glencore.com original) · published 29 Jan 2026 34
Murrin South	Probable	4.20 Mt	1.01%	0.04 Mt Ni	0.08%	3.36 kt Co	31 Dec 2025	34Unverified Evidence record Murrin Murrin Probable · Co · as at 2025-12-31 Reported figure Area Murrin South Basis 100% Ore tonnes (t) 4200000.0000 Grade 0.0800 Contained (t Co) 3360.0000 Classification Reserve Source trail Glencore plc - Resources and Reserves Report 2025 (dedicated annual R&R statement, as at 31 Dec 2025; minedocs mirror of the glencore.com original) 34 Published 2026-01-29 Verification Approved; not independently verified · Model extracted Copies a pre-filled issue record so you can send it through your normal channel.	notes (2) Source: Glencore plc - Resources and Reserves Report 2025 (dedicated annual R&R statement, as at 31 Dec 2025; minedocs mirror of the glencore.com original) · published 29 Jan 2026
Murrin South	Total Reserves	15.50 Mt	1.04%	0.16 Mt Ni	0.07%	0.01 Mt Co	31 Dec 2025	34Unverified Evidence record Murrin Murrin Total Reserve · Co · as at 2025-12-31 Reported figure Area Murrin South Basis 100% Ore tonnes (t) 15500000.0000 Grade 0.0700 Contained (t Co) 10850.0000 Classification Reserve Source trail Glencore plc - Resources and Reserves Report 2025 (dedicated annual R&R statement, as at 31 Dec 2025; minedocs mirror of the glencore.com original) 34 Published 2026-01-29 Verification Approved; not independently verified · Model extracted QA WARN: cross-category subtotal — this total_reserve row on area 'Murrin South' equals the sum of the same area's proved+probable 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. \| t87g QA approve (g1): Copies a pre-filled issue record so you can send it through your normal channel.	notes (4) Source:
Murrin Stockpiles	Proved	43.00 Mt	0.92%	0.40 Mt Ni	0.06%	0.03 Mt Co	31 Dec 2025	34Unverified Evidence record Murrin Murrin Proved · Ni · as at 2025-12-31 Reported figure Area Murrin Stockpiles Basis 100% Ore tonnes (t) 43000000.0000 Grade 0.9200 Contained (t Ni) 395600.0000 Classification Reserve Source trail Glencore plc - Resources and Reserves Report 2025 (dedicated annual R&R statement, as at 31 Dec 2025; minedocs mirror of the glencore.com original) 34 Published 2026-01-29 Verification Approved; not independently verified · Model extracted Copies a pre-filled issue record so you can send it through your normal channel.	notes (2) Source: Glencore plc - Resources and Reserves Report 2025 (dedicated annual R&R statement, as at 31 Dec 2025; minedocs mirror of the glencore.com original) · published 29 Jan 2026
Murrin Stockpiles	Total Reserves	43.00 Mt	0.92%	0.40 Mt Ni	0.06%	0.03 Mt Co	31 Dec 2025	34Unverified Evidence record Murrin Murrin Total Reserve · Co · as at 2025-12-31 Reported figure Area Murrin Stockpiles Basis 100% Ore tonnes (t) 43000000.0000 Grade 0.0600 Contained (t Co) 25800.0000 Classification Reserve Source trail Glencore plc - Resources and Reserves Report 2025 (dedicated annual R&R statement, as at 31 Dec 2025; minedocs mirror of the glencore.com original) 34 Published 2026-01-29 Verification Approved; not independently verified · Model extracted QA WARN: cross-category subtotal — this total_reserve row on area 'Murrin Stockpiles' equals the sum of the same area's proved 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. \| t87g QA approve (g1): Copies a pre-filled issue record so you can send it through your normal channel.	notes (4) Source: