Common use of ENDORSEMENTS AND CONDITIONS Clause in Contracts

ENDORSEMENTS AND CONDITIONS. Endorsements 1. This licence is granted in accordance with proposals submitted on [ ], and approved by the Minister (as defined in the Agreement) on [ ], under the Agreement. 2. [Any further endorsement which the Minister for Mines may, consistent with the provisions of the Agreement, determines and thereafter impose in respect of this licence including during the term of the Agreement.] Conditions [Such conditions which the Minister for Mines may, consistent with the provisions of the Agreement, determines and thereafter impose in respect of the licence, including during the term of the Agreement.] Locality: Mineral Field: Area: DATED at Perth this day of . MINISTER FOR MINES” EXECUTED as a deed. SIGNED by THE HONOURABLE ) COLIN ▇▇▇▇▇ ▇▇▇▇▇▇▇ ) [Signature] in the presence of: ) EXECUTED by BHP BILLITON ) MINERALS PTY. LTD. ) ACN 008 694 782 in accordance ) with section 127(1) of the Corporations Act ) [Signature] [Signature] Signature of Director Signature of Director/Company Secretary ▇▇▇▇▇▇▇ ▇▇▇▇ ▇▇▇▇▇ ▇ ▇▇▇▇ Name of Director Name of Director/Company Secretary EXECUTED by MITSUI IRON ORE ) CORPORATION PTY. LTD. ) ACN 050 157 456 in accordance with ) section 127(1) of the Corporations Act ) [Signature] [Signature] Signature of Director Signature of Director/Company Secretary ▇▇▇▇▇ ▇▇▇▇▇▇▇▇ GAVIN ▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇ Name of Director Name of Director/Company Secretary Signed by Shuzaburo Tsuchihashi as ) attorney for ITOCHU MINERALS & ) ENERGY OF AUSTRALIA PTY. ) LTD. ACN 009 256 259 under power ) of attorney dated 12 November 2010 ) in the presence of: ) [Signature] [Signature] Signature of Director Signature of Director/Company Secretary ▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇ Shuzaburo Tsuchihashi Name of Director Name of Director/Company Secretary Sixth Schedule — Fifth Variation Agreement THIS AGREEMENT is made this 7th day of November 2011 THE HONOURABLE COLIN ▇▇▇▇▇ ▇▇▇▇▇▇▇ MLA., Premier of the State of Western Australia, acting for and on behalf of the said State and instrumentalities thereof from time to time (State) BHP BILLITON MINERALS PTY. LTD. ACN 008 694 782 of ▇▇▇▇▇ ▇▇, ▇▇ ▇▇▇▇▇▇▇ ▇▇▇▇▇▇, ▇▇▇ ▇▇ ▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇, ▇▇▇▇▇, ▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇, MITSUI IRON ORE CORPORATION PTY. LTD. ACN 050 157 456 of ▇▇▇▇▇ ▇▇, ▇▇▇▇▇▇▇▇ ▇▇▇▇▇, ▇ ▇▇▇ ▇▇▇▇▇▇▇▇▇, ▇▇▇▇▇, ▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇ and ITOCHU MINERALS & ENERGY OF AUSTRALIA PTY. LTD. ACN 009 256 259 of ▇▇▇▇▇ ▇▇, ▇▇▇▇▇▇▇ ▇▇▇▇▇▇, ▇▇▇ ▇▇ ▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇, ▇▇▇▇▇, ▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇ (Joint Venturers).

ENDORSEMENTS AND CONDITIONS. Endorsements 1. This licence is granted in accordance with proposals submitted on [ ], and approved by the Minister (as defined in the Agreement) on [ ], under the Agreement. 2. [Any further endorsement which the Minister for Mines may, consistent with the provisions of the Agreement, determines and thereafter impose in respect of this licence including during the term of the Agreement.] Conditions [Such conditions which the Minister for Mines may, consistent with the provisions of the Agreement, determines and thereafter impose in respect of the licence, including during the term of the Agreement.] SCHEDULE Description of land Locality: Mineral Field: Area: DATED at Perth this day of . MINISTER FOR MINES” EXECUTED as a deed. SIGNED by THE HONOURABLE HONOURABLE) COLIN ▇▇▇▇▇ ▇▇▇▇▇▇▇ ) ▇)[Signature] in the presence of: ) :) ▇▇▇▇▇▇▇ ▇▇▇▇ EXECUTED by BHP BILLITON ) MINERALS PTY. LTD. .) ACN 008 694 782 in accordance ) with section 127(1) of the Corporations Act ) [Signature] [Signature] Signature of Director Signature of Director/Company Secretary ▇▇▇▇▇▇▇ ▇▇▇▇ ▇▇▇▇▇ ▇ ▇▇▇▇ Name of Director Name of Director/Company Secretary EXECUTED by MITSUI IRON ORE ) CORPORATION PTY. LTD. ) ACN 050 157 456 in accordance with with) section 127(1) of the Corporations Act ) [Signature] [Signature] Signature of Director Signature of Director/Company Secretary ▇▇▇▇▇ ▇▇▇▇▇▇▇▇ GAVIN ▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇ Name of Director Name of Director/Company Secretary Signed by Shuzaburo Tsuchihashi as as) attorney for ITOCHU MINERALS & ) ENERGY OF AUSTRALIA PTY. ) LTD. ACN 009 256 259 under power power) of attorney dated 12 November 2010 2010) in the presence of: ) :) [Signature] [Signature] Signature of Director Signature of Director/Company Secretary ▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇ Shuzaburo Tsuchihashi Name of Director Name of Director/Company Secretary [Fifth Schedule inserted: No. 61 of 2010 s. 33.] Sixth Schedule — Fifth Variation Agreement [s. 3] [Heading inserted: No. 62 of 2011 s. 10.] 2011 THE HONOURABLE COLIN ▇▇▇▇▇ ▇▇▇▇▇▇▇ PREMIER OF THE STATE OF WESTERN AUSTRALIA AND BHP BILLITON MINERALS PTY. LTD. ACN 008 694 782 MITSUI IRON ORE CORPORATION PTY. LTD. ACN 050 157 456 ITOCHU MINERALS & ENERGY OF AUSTRALIA PTY. LTD. ACN 009 256 259 ________________________________________________________________ IRON ORE ( MOUNT GOLDSWORTHY ) AGREEMENT 1964 RATIFIED VARIATION AGREEMENT ________________________________________________________________ [Solicitor’s details] THIS AGREEMENT is made this 7th day of November 2011 BETWEEN THE HONOURABLE COLIN ▇▇▇▇▇ ▇▇▇▇▇▇▇ MLA., Premier of the State of Western AustraliaAustralia , acting for and on behalf of the said State and instrumentalities thereof from time to time (State) AND BHP BILLITON MINERALS PTY. LTD. ACN 008 694 782 of ▇▇▇▇▇ ▇▇, ▇▇ ▇▇▇▇▇▇▇ ▇▇▇▇▇▇, ▇▇▇ ▇▇ ▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇, ▇▇▇▇▇, ▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇, MITSUI IRON ORE CORPORATION PTY. LTD. ACN 050 157 456 of ▇▇▇▇▇ ▇▇, ▇▇▇▇▇▇▇▇ ▇▇▇▇▇, ▇ ▇▇▇ ▇▇▇▇▇▇▇▇▇, ▇▇▇▇▇, ▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇ and ITOCHU MINERALS & ENERGY OF AUSTRALIA PTY. LTD. ACN 009 256 259 of ▇▇▇▇▇ ▇▇, ▇▇▇▇▇▇▇ ▇▇▇▇▇▇, ▇▇▇ ▇▇ ▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇, ▇▇▇▇▇, ▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇ (Joint Venturers).

ENDORSEMENTS AND CONDITIONS. Endorsements 1. This licence is granted in accordance with proposals submitted on [ ], and approved by the Minister (as defined in the Agreement) on [ ], under the Agreement. 2. [Any further endorsement which the Minister for Mines may, consistent with the provisions of the Agreement, determines and thereafter impose in respect of this licence including during the term of the Agreement.] Conditions [Such conditions which the Minister for Mines may, consistent with the provisions of the Agreement, determines and thereafter impose in respect of the licence, including during the term of the Agreement.] Locality: Mineral Field: Area: DATED at Perth this day of . MINISTER FOR MINES” " EXECUTED as a deed. SIGNED by THE HONOURABLE ) COLIN ▇▇▇▇▇ ▇▇▇▇▇ ▇▇▇▇▇▇▇ ) [Signature] in the presence of: ) EXECUTED by BHP BILLITON ▇▇▇ ▇▇▇▇▇▇▇▇ ) MINERALS PTY. LTD. ) ACN 008 694 ) 782 in accordance ) with section 127(1) of ) the Corporations Act ) [Signature] [Signature] Signature of Director Signature of Director/Company Secretary ▇▇▇▇▇▇▇ ▇▇▇▇ ▇▇▇▇▇ ▇ ▇▇▇▇ Name of Director Name of Director/Company Secretary EXECUTED by MITSUI IRON ORE ) CORPORATION PTY. LTD. ACN ) ACN 050 157 456 in accordance with section ) section 127(1) of the Corporations Act ) [Signature] [Signature] Signature of Director Signature of Director/Company Secretary ▇▇▇▇▇ ▇▇▇▇▇▇▇▇ GAVIN ▇▇▇▇▇ ▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇ Name of Director Name of Director/Company Secretary Signed by Shuzaburo Tsuchihashi ▇▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇▇▇ as ) attorney for ITOCHU MINERALS & ) ENERGY OF AUSTRALIA PTY. ) LTD. ACN 009 256 259 under power ) of attorney dated 12 November 2010 ) in the presence of: ) [Signature] [Signature] Signature of Director Signature of Director/Company Secretary ▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇ Shuzaburo Tsuchihashi Name of Director Name of Director/Company Secretary Sixth Schedule — Fifth Variation Agreement THIS AGREEMENT is made this 7th day of November 2011 THE HONOURABLE COLIN ▇▇▇▇▇ ▇▇▇▇▇▇▇ MLA., Premier of the State of Western Australia, acting for and on behalf of the said State and instrumentalities thereof from time to time (State) BHP BILLITON MINERALS PTY. LTD. ACN 008 694 782 of ▇▇▇▇▇ ▇▇, ▇▇ ▇▇▇▇▇▇▇ ▇▇▇▇▇▇, ▇▇▇ ▇▇ ▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇, ▇▇▇▇▇, ▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇, MITSUI IRON ORE CORPORATION PTY. LTD. ACN 050 157 456 of ▇▇▇▇▇ ▇▇Name of Director Name of Director/Company Secretary Notes 1 This is a compilation of the Iron Ore (Mount Goldsworthy) Agreement Act 1964 and includes the amendments made by the other written laws referred to in the following table. The table also contains information about any reprint. Compilation table Iron Ore (Mount Goldsworthy) Agreement Act 1964 97 of 1964 23 Dec 1964 23 Dec 1964 Decimal Currency Act 1965 113 of 1965 21 Dec 1965 s. 4-9: 14 Feb 1966 (see s. 2(2)); balance: 21 Dec 1965 (see s. 2(1)) Iron Ore (Mount Goldsworthy) Agreement Act Amendment Act 1971 58 of 1971 15 Dec 1971 15 Dec 1971 Acts Amendment (Mount Goldsworthy, ▇▇▇▇▇▇▇’▇ ▇▇▇▇▇, ▇ ▇▇▇ ▇▇▇▇▇▇▇▇▇, ▇▇▇▇▇, ▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇ Monster and ITOCHU MINERALS & ENERGY OF AUSTRALIA PTYMarillana Creek Iron Ore Agreements) Act 1994 Pt. LTD2 29 of 1994 8 Jul 1994 8 Jul 1994 (see s. 2) Acts Amendment (Iron Ore Agreements) Act 2000 Pt. ACN 009 256 259 5 57 of ▇▇▇▇▇ ▇▇, ▇▇▇▇▇▇▇ ▇▇▇▇▇▇, ▇▇▇ ▇▇ ▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇, ▇▇▇▇▇, ▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇ 2000 7 Dec 2000 7 Dec 2000 (Joint Venturerssee s. 2) Reprint of the Iron Ore (Mount Goldsworthy) Agreement Act 1964 as at 21 Jun 2002 (includes amendments listed above) Standardisation of Formatting Act 2010 s. 4 and 42(2) 19 of 2010 28 Jun 2010 11 Sep 2010 (see s. 2(b) and Gazette 10 Sep 2010 p. 4341).

ENDORSEMENTS AND CONDITIONS. Endorsements 1. This licence is granted in accordance with proposals submitted on [ ], and approved by the Minister (as defined in the Agreement) on [ ], under the Agreement. 2. [Any further endorsement which the Minister for Mines may, consistent with the provisions of the Agreement, determines and thereafter impose in respect of this licence including during the term of the Agreement.] Conditions [Such conditions which the Minister for Mines may, consistent with the provisions of the Agreement, determines and thereafter impose in respect of the licence, including during the term of the Agreement.] Locality: Mineral Field: Area: DATED at Perth this day of . MINISTER FOR MINES” " EXECUTED as a deed. SIGNED by THE HONOURABLE ) COLIN ▇▇▇▇▇ ▇▇▇▇▇ ▇▇▇▇▇▇▇ ) [Signature] in the presence of: ) EXECUTED by BHP BILLITON ▇▇▇ ▇▇▇▇▇▇▇▇ ) MINERALS PTY. LTD. ) ACN 008 694 ) 782 in accordance ) with section 127(1) of ) the Corporations Act ) [Signature] [Signature] Signature of Director Signature of Director/Company Secretary ▇▇▇▇▇▇▇ ▇▇▇▇ ▇▇▇▇▇ ▇ ▇▇▇▇ Name of Director Name of Director/Company Secretary EXECUTED by MITSUI IRON ORE ) CORPORATION PTY. LTD. ACN ) ACN 050 157 456 in accordance with section ) section 127(1) of the Corporations Act ) [Signature] [Signature] Signature of Director Signature of Director/Company Secretary ▇▇▇▇▇ ▇▇▇▇▇▇▇▇ GAVIN ▇▇▇▇▇ ▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇ Name of Director Name of Director/Company Secretary Signed by Shuzaburo Tsuchihashi ▇▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇▇▇ as ) attorney for ITOCHU MINERALS & ) ENERGY OF AUSTRALIA PTY. ) LTD. ACN 009 256 259 under power ) of attorney dated 12 November 2010 ) in the presence of: ) [Signature] [Signature] Signature of Director Signature of Director/Company Secretary ▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇ Shuzaburo Tsuchihashi Name of Director Name of Director/Company Secretary Sixth Schedule — Fifth Variation Agreement THIS AGREEMENT is made this 7th day of November 2011 THE HONOURABLE COLIN ▇▇▇▇▇ ▇▇▇▇▇▇▇ MLA., Premier of the State of Western Australia, acting for and on behalf of the said State and instrumentalities thereof from time to time (State) BHP BILLITON MINERALS PTY. LTD. ACN 008 694 782 of ▇▇▇▇▇ ▇▇, ▇▇ ▇▇▇▇▇▇▇ ▇▇▇▇▇▇, ▇▇▇ ▇▇ ▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇, ▇▇▇▇▇, ▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇, MITSUI IRON ORE CORPORATION PTY. LTD. ACN 050 157 456 ▇▇ Name of ▇▇Director Name of Director/Company Secretary Notes 1 This is a compilation of the Iron Ore (Mount Goldsworthy) Agreement ▇▇▇ ▇▇▇▇ and includes the amendments made by the other written laws referred to in the following table. The table also contains information about any reprint. Compilation table Iron Ore (Mount Goldsworthy) Agreement ▇▇▇ ▇▇▇▇ 97 of 1964 23 Dec 1964 23 Dec 1964 Decimal Currency Act 1965 113 of 1965 21 Dec 1965 s. 4-9: 14 Feb 1966 (see s. 2(2)); balance: 21 Dec 1965 (see s. 2(1)) Iron Ore (Mount Goldsworthy) Agreement Act Amendment ▇▇▇ ▇▇▇▇ 58 of 1971 15 Dec 1971 15 Dec 1971 Acts Amendment (Mount Goldsworthy, ▇▇▇▇▇▇▇’▇ ▇▇▇▇▇, ▇ Monster and Marillana Creek Iron Ore Agreements) ▇▇▇ ▇▇▇▇▇▇▇▇▇, ▇▇▇▇▇, ▇▇▇▇▇ Pt. 2 29 of 1994 8 Jul 1994 8 Jul 1994 (see s. 2) Acts Amendment (Iron Ore Agreements) ▇▇▇ ▇▇▇▇▇▇▇▇▇ and ITOCHU MINERALS & ENERGY OF AUSTRALIA PTYPt. LTD. ACN 009 256 259 5 57 of ▇▇▇▇▇ ▇▇, ▇▇▇▇2000 7 Dec 2000 7 Dec 2000 (see s. 2) Reprint of the Iron Ore (Mount Goldsworthy) Agreement ▇▇▇ ▇▇▇▇▇▇, ▇▇▇ ▇▇ ▇▇▇▇as at 21 Jun 2002 (includes amendments listed above) Standardisation of Formatting ▇▇▇ ▇▇▇▇▇▇▇, ▇▇▇▇▇, ▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇ s. 4 and 42(2) 19 of 2010 28 Jun 2010 11 Sep 2010 (Joint Venturerssee s. 2(b) and Gazette 10 Sep 2010 p. 4341).

ENDORSEMENTS AND CONDITIONS. Endorsements 1. This licence is granted in accordance with proposals submitted on [ ], and approved by the Minister (as defined in the Agreement) on [ ], under the Agreement. 2. [Any further endorsement which the Minister for Mines may, consistent with the provisions of the Agreement, determines and thereafter impose in respect of this licence including during the term of the Agreement.] Conditions [Such conditions which the Minister for Mines may, consistent with the provisions of the Agreement, determines and thereafter impose in respect of the licence, including during the term of the Agreement.] Locality: Mineral Field: Area: DATED at Perth this day of . MINISTER FOR MINES"” EXECUTED as a deed. SIGNED by THE HONOURABLE ) COLIN ▇▇▇▇▇ ▇▇▇▇▇ ▇▇▇▇▇▇▇ ) [Signature] in the presence of: ) EXECUTED by BHP BILLITON ▇▇▇ ▇▇▇▇▇▇▇▇ ) MINERALS PTY. LTD. ) ACN 008 694 ) 782 in accordance ) with section 127(1) of ) the Corporations Act ) [Signature] [Signature] Signature of Director Signature of Director/Company Secretary ▇▇▇▇▇▇▇ ▇▇▇▇ ▇▇▇▇▇ ▇ ▇▇▇▇ Name of Director Name of Director/Company Secretary EXECUTED by MITSUI IRON ORE ) CORPORATION PTY. LTD. ) ACN ) 050 157 456 in accordance with ) section ) 127(1) of the Corporations Act ) [Signature] [Signature] Signature of Director Signature of Director/Company Secretary ▇▇▇▇▇ ▇▇▇▇▇▇▇▇ GAVIN ▇▇▇▇▇ ▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇ Name of Director Name of Director/Company Secretary Signed by Shuzaburo Tsuchihashi ▇▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇▇▇ as ) attorney for ITOCHU MINERALS & ) ENERGY OF AUSTRALIA PTY. ) LTD. ACN 009 256 259 under power ) of attorney dated 12 November 2010 ) in the presence of: ) [Signature] [Signature] Signature of Director Signature of Director/Company Secretary ▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇ Shuzaburo Tsuchihashi ▇▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇▇▇ Name of Director Name of Director/Company Secretary Sixth Schedule — Fifth Variation Agreement THIS AGREEMENT is made this 7th day of November 2011 THE HONOURABLE COLIN ▇▇▇▇▇ ▇▇▇▇▇ ▇▇▇▇▇▇▇ MLA., Premier of the State of Western Australia, acting for and on behalf of the said State and instrumentalities thereof from time to time (State) BHP BILLITON MINERALS PTY. LTD. ACN 008 694 782 of ▇▇▇▇▇ ▇▇, ▇▇ ▇▇▇▇▇▇▇ ▇▇▇▇▇▇, ▇▇▇ ▇▇ ▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇, ▇▇▇▇▇, ▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇, MITSUI IRON ORE CORPORATION PTY. LTD. ACN 050 157 456 of ▇▇▇▇▇ ▇▇, ▇▇▇▇▇▇▇▇ ▇▇▇▇▇, ▇ ▇▇▇ ▇▇▇▇▇▇▇▇▇, ▇▇▇▇▇, ▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇ and ITOCHU MINERALS & ENERGY OF AUSTRALIA PTY. LTD. ACN 009 256 259 of ▇▇▇▇▇ ▇▇, ▇▇▇▇▇▇▇ ▇▇▇▇▇▇, ▇▇▇ ▇▇ ▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇, ▇▇▇▇▇, ▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇ (Joint Venturers).

ENDORSEMENTS AND CONDITIONS. Endorsements 1. This licence is granted in accordance with proposals submitted on [ ], and approved by the Minister (as defined in the Agreement) on [ ], under the Agreement. 2. [Any further endorsement which the Minister for Mines may, consistent with the provisions of the Agreement, determines and thereafter impose in respect of this licence including during the term of the Agreement.] Conditions [Such conditions which the Minister for Mines may, consistent with the provisions of the Agreement, determines and thereafter impose in respect of the licence, including during the term of the Agreement.] Locality: Mineral Field: Area: DATED at Perth this day of . MINISTER FOR MINES"” EXECUTED as a deed. SIGNED by THE HONOURABLE ) COLIN ▇▇▇▇▇ ▇▇▇▇▇▇▇ ) [Signature] in the presence of: ) EXECUTED by BHP BILLITON ) MINERALS PTY. LTD. ) ACN 008 694 ) 782 in accordance ) with section 127(1) of ) the Corporations Act ) [Signature] [Signature] Signature of Director Signature of Director/Company Secretary ▇▇▇▇▇▇▇ ▇▇▇▇ ▇▇▇▇▇ ▇ ▇▇▇▇ Name of Director Name of Director/Company Secretary EXECUTED by MITSUI IRON ORE ) CORPORATION PTY. LTD. ) ACN ) 050 157 456 in accordance with ) section ) 127(1) of the Corporations Act ) [Signature] [Signature] Signature of Director Signature of Director/Company Secretary ▇▇▇▇▇ ▇▇▇▇▇▇▇▇ GAVIN ▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇ Name of Director Name of Director/Company Secretary Signed by Shuzaburo Tsuchihashi as ) attorney for ITOCHU MINERALS & ) ENERGY OF AUSTRALIA PTY. ) LTD. ACN 009 256 259 under power ) of attorney dated 12 November 2010 ) in the presence of: ) [Signature] [Signature] Signature of Director Signature of Director/Company Secretary ▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇ Shuzaburo Tsuchihashi Name of Director Name of Director/Company Secretary Sixth Schedule — Fifth Variation Agreement THIS AGREEMENT is made this 7th day of November 2011 THE HONOURABLE COLIN ▇▇▇▇▇ ▇▇▇▇▇▇▇ MLA., Premier of the State of Western Australia, acting for and on behalf of the said State and instrumentalities thereof from time to time (State) BHP BILLITON MINERALS PTY. LTD. ACN 008 694 782 of ▇▇▇▇▇ ▇▇, ▇▇ ▇▇▇▇▇▇▇ ▇▇▇▇▇▇, ▇▇▇ ▇▇ ▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇, ▇▇▇▇▇, ▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇, MITSUI IRON ORE CORPORATION PTY. LTD. ACN 050 157 456 of ▇▇▇▇▇ ▇▇, ▇▇▇▇▇▇▇▇ ▇▇▇▇▇, ▇ ▇▇▇ ▇▇▇▇▇▇▇▇▇, ▇▇▇▇▇, ▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇ and ITOCHU MINERALS & ENERGY OF AUSTRALIA PTY. LTD. ACN 009 256 259 of ▇▇▇▇▇ ▇▇, ▇▇▇▇▇▇▇ ▇▇▇▇▇▇, ▇▇▇ ▇▇ ▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇, ▇▇▇▇▇, ▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇ (Joint Venturers).

ENDORSEMENTS AND CONDITIONS. Endorsements 1. This licence is granted in accordance with proposals submitted on [ ], and approved by the Minister (as defined in the Agreement) on [ ], under the Agreement. 2. [Any further endorsement which the Minister for Mines may, consistent with the provisions of the Agreement, determines and thereafter impose in respect of this licence including during the term of the Agreement.] Conditions [Such conditions which the Minister for Mines may, consistent with the provisions of the Agreement, determines and thereafter impose in respect of the licence, including during the term of the Agreement.] Locality: Mineral Field: Area: DATED at Perth this day of . MINISTER FOR MINES” " EXECUTED as a deed. SIGNED by THE HONOURABLE ) COLIN ▇▇▇▇▇ ▇▇▇▇▇▇▇ ) [Signature] in the presence of: ) EXECUTED by BHP BILLITON ) MINERALS PTY. LTD. ) ACN 008 694 ) 782 in accordance ) with section 127(1) of ) the Corporations Act ) [Signature] [Signature] Signature of Director Signature of Director/Company Secretary ▇▇▇▇▇▇▇ ▇▇▇▇ ▇▇▇▇▇ ▇ ▇▇▇▇ Name of Director Name of Director/Company Secretary EXECUTED by MITSUI IRON ORE ) CORPORATION PTY. LTD. ACN ) ACN 050 157 456 in accordance with section ) section 127(1) of the Corporations Act ) [Signature] [Signature] Signature of Director Signature of Director/Company Secretary ▇▇▇▇▇ ▇▇▇▇▇▇▇▇ GAVIN ▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇ Name of Director Name of Director/Company Secretary Signed by Shuzaburo Tsuchihashi as ) attorney for ITOCHU MINERALS & ) ENERGY OF AUSTRALIA PTY. ) LTD. ACN 009 256 259 under power ) of attorney dated 12 November 2010 ) in the presence of: ) [Signature] [Signature] Signature of Director Signature of Director/Company Secretary ▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇ Shuzaburo Tsuchihashi Name of Director Name of Director/Company Secretary Sixth Notes 1 ThisSixth Schedule — Fifth Variation Agreement THIS AGREEMENT is made a compilationmade this 7th day of November 2011 THE HONOURABLE COLIN ▇▇▇▇▇ ▇▇▇▇▇▇▇ MLA., Premier of the State of Western Australia, acting for and on behalf of the said State and instrumentalities thereof from time to time (State) BHP BILLITON MINERALS PTY. LTD. ACN 008 694 782 of ▇▇▇▇▇ ▇▇, ▇▇ ▇▇▇▇▇▇▇ ▇▇▇▇▇▇, ▇▇▇ ▇▇ ▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇, ▇▇▇▇▇, ▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇, MITSUI IRON ORE CORPORATION PTY. LTD. ACN 050 157 456 of ▇▇▇▇▇ ▇▇, ▇▇▇▇▇▇▇▇ ▇▇▇▇▇, ▇ ▇▇▇ ▇▇▇▇▇▇▇▇▇, ▇▇▇▇▇, ▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇ and ITOCHU MINERALS & ENERGY OF AUSTRALIA PTY. LTD. ACN 009 256 259 of ▇▇▇▇▇ ▇▇, ▇▇▇▇▇▇▇ ▇▇▇▇▇▇, ▇▇▇ ▇▇ ▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇, ▇▇▇▇▇, ▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇ (Joint Venturers).

ENDORSEMENTS AND CONDITIONS. Endorsements 1. This licence is granted in accordance with proposals submitted on [ ], and approved by the Minister (as defined in the Agreement) on [ ], under the Agreement. 2. [Any further endorsement which the Minister for Mines may, consistent with the provisions of the Agreement, determines and thereafter impose in respect of this licence including during the term of the Agreement.] Conditions [Such conditions which the Minister for Mines may, consistent with the provisions of the Agreement, determines and thereafter impose in respect of the licence, including during the term of the Agreement.] Locality: Mineral Field: Area: DATED at Perth this day of . MINISTER FOR MINES” " EXECUTED as a deed. SIGNED by THE HONOURABLE ) COLIN ▇▇▇▇▇ ▇▇▇▇▇▇▇ ) [Signature] in the presence of: ) EXECUTED by BHP BILLITON ) MINERALS PTY. LTD. ) ACN 008 694 ) 782 in accordance ) with section 127(1) of ) the Corporations Act ) [Signature] [Signature] Signature of Director Signature of Director/Company Secretary ▇▇▇▇▇▇▇ ▇▇▇▇ ▇▇▇▇▇ ▇ ▇▇▇▇ Name of Director Name of Director/Company Secretary EXECUTED by MITSUI IRON ORE ) CORPORATION PTY. LTD. ACN ) ACN 050 157 456 in accordance with section ) section 127(1) of the Corporations Act ) [Signature] [Signature] Signature of Director Signature of Director/Company Secretary ▇▇▇▇▇ ▇▇▇▇▇▇▇▇ GAVIN ▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇ Name of Director Name of Director/Company Secretary Signed by Shuzaburo Tsuchihashi as ) attorney for ITOCHU MINERALS & ) ENERGY OF AUSTRALIA PTY. ) LTD. ACN 009 256 259 under power ) of attorney dated 12 November 2010 ) in the presence of: ) [Signature] [Signature] Signature of Director Signature of Director/Company Secretary ▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇ Shuzaburo Tsuchihashi Name of Director Name of Director/Company Secretary Sixth Schedule — Fifth Variation Agreement THIS AGREEMENT is made this 7th day of November 2011 THE HONOURABLE COLIN ▇▇▇▇▇ ▇▇▇▇▇▇▇ MLA., Premier of the State of Western Australia, acting for and on behalf of the said State and instrumentalities thereof from time to time (State) BHP BILLITON MINERALS PTY. LTD. ACN 008 694 782 of ▇▇▇▇▇ ▇▇, ▇▇ ▇▇▇▇▇▇▇ ▇▇▇▇▇▇, ▇▇▇ ▇▇ ▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇, ▇▇▇▇▇, ▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇, MITSUI IRON ORE CORPORATION PTY. LTD. ACN 050 157 456 of ▇▇▇▇▇ ▇▇, ▇▇▇▇▇▇▇▇ ▇▇▇▇▇, ▇ ▇▇▇ ▇▇▇▇▇▇▇▇▇, ▇▇▇▇▇, ▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇ and ITOCHU MINERALS & ENERGY OF AUSTRALIA PTY. LTD. ACN 009 256 259 of ▇▇▇▇▇ ▇▇, ▇▇▇▇▇▇▇ ▇▇▇▇▇▇, ▇▇▇ ▇▇ ▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇, ▇▇▇▇▇, ▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇ (Joint Venturers).