CONSOLIDATED MINERALS LIMITED

Consolidated Minerals Limited is an Australia-based company, which is engaged in the business of exploration, mining, processing and sale of manganese, chromite and nickel ore. The Company owns and operates the Woodie Woodie Manganese project, the Coobina Chromite project, both located in the Pilbara region of Western Australia, as well as the Beta Hunt Nickel project located in the Kambalda region of Western Australia. Woodie Woodie produces one million tons per annum of high-grade 48% manganese ore, which is exported to markets in Asia and Eastern Europe. Coobina produces up to 250,000 tons per annum of high-grade 42% chromite. The Beta Hunt mine produces 5,000 nickel tons per annum, with ore delivered to WMC Resources Ltd's nickel concentrator in Kambalda.