Mineral Commodities Ltd

ABN 39 008 478 653

40 Murray Road North

Welshpool WA 6106, Australia

PO Box 235, Welshpool DC WA 6986, Australia

Telephone: 61 8 6253 1100

Facsimile: 61 8 9258 3601

Email: [email protected]
Web: www.mncom.com.au

6 March 2015
Australian Stock Exchange
Company Announcements Office

XOLOBENI MINERAL SANDS PROJECT MINING RIGHT APPLICATION LODGED

Mineral Commodities Limited ("MRC") is pleased to advise that it's South African Subsidiary, Transworld Energy and Mineral Resources (SA) (Pty) Ltd ("TEM") has lodged a mining right application for the Xolobeni Mineral Sands Project.
The Xolobeni mineral sands deposit is located in the Eastern Cape Province of South Africa approximately
300 kilometres north of East London and 200 kilometres south of Durban.
The Company holds the prospecting rights to four of the five blocks in the Xolobeni Mineral Sands Project. The mining right application has been lodged notwithstanding the previously advised objections received to the prospecting right application to the remaining block, the Kwanyana block.
While the level of consultation undertaken in respect to the objection to date has been extensive, the Company has undertaken initial work as a display of good faith and its commitment to develop and operate Xolobeni transparently and sustainably in the interests of all stakeholders. All the necessary documents were completed and submitted to the DMR during the last quarter of 2014 and, given this and the substantial amount of support for the project evident through the consultation, the Company remains optimistic of the award a new prospecting right over the Kwanyana block in the current year.
The deposit is regarded as one of the largest undeveloped mineral sands resources in the world containing approximately 9.3Mt of Ilmenite:

The company will now move to commence all Public Participation with interested and effected parties as a pre cursor to the submission of a scoping study and full Environmental Impact Assessment of the Project.

As demonstrated with the successful development of the existing operating Tormin Mineral Sands Project which has recently completed its first full year of production, the Board of MRC remain committed in their pursuit to bring the much larger Xolobeni Mineral Sands Project into operation giving the company a significant South African presence in the Global Mineral Sands Industry.

For enquiries regarding this report please contact: Mark Caruso - Executive Chairman +61 8 6253 1100

Competent Person

The information in this announcement which relates to Exploration Results, Mineral Resources or Ore Reserves is based on information compiled by Mr Allen Maynard, who is a Member of

the Australian Institute of Geosciences ("AIG"), a Corporate Member of the Australasian

Institute of Mining & Metallurgy ("AusIMM") and independent consultant to the Company. Mr

Maynard is the Director and principal geologist of Al Maynard & Associates Pty Ltd and has over 35 years of exploration and mining experience in a variety of mineral deposit styles. Mr Maynard has sufficient experience which is relevant to the style of mineralisation and type of deposit under consideration and to the activity which he is undertaking to qualify as a Competent Person as defined in the 2004 Edition of the "Australasian Code for reporting of Exploration Results, Exploration Targets, Mineral Resources and Ore Reserves" (JORC Code). This information was prepared and first disclosed under the JORC Code 2004. It has not been updated since to comply with the JORC Code 2012 on the basis that the information has not materially changed since it was last reported. Mr Maynard consents to inclusion in the report of the matters based on this information in the form and context in which it appears.

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