• No material impact on price or value of securities from decline in revenue, EBITDA and NPAT
• Divergence in statutory NPAT due to non-cash impairments and currency impacts, previously disclosed
• Trading impacted by weather events, leverage focus and leadership changes

Mineral Resources Limited (MIN) has provided a detailed response to an ASX Aware Letter, addressing the ASX's requests for information regarding its recent half-year results. MIN does not consider the declines in revenue, underlying EBITDA and underlying NPAT compared to the prior period to be information that a reasonable person would expect to have a material effect on the price or value of its securities. The company notes that as a commodities business, its earnings are impacted by factors outside its control, such as fluctuating commodity pricing and foreign exchange rates. While there was a negative divergence between MIN's reported statutory NPAT and analyst consensus, MIN does not believe this divergence is materially price-sensitive, as it was primarily driven by non-cash impairments and the impact of currency movements on its US dollar-denominated debt, which had been previously disclosed to the market. MIN also provides additional context around potential factors that may have influenced trading in its securities following the release of the half-year results, including the need to increase capital and operational expenditure to upgrade the Onslow Iron Haul Road due to adverse weather events, ongoing investor focus on its leverage position, and the impact of recent leadership changes. MIN confirms it is in compliance with the ASX Listing Rules, particularly Listing Rule 3.1.