Form of Letter Agreement, dated June 13, 2019, among Wodgina Lithium Pty Ltd, Albemarle Wodgina Pty Ltd, Mineral Resources Limited and the Company

We refer to the Asset Sale and Share Subscription Agreement between Mineral Resources Limited, Wodgina Lithium Pty Ltd, Albemarle Wodgina Pty Ltd and Albemarle Corporation dated 14 December 2018 (Agreement). Capitalised terms used in this letter have the meaning given to them in the Agreement.

As you are aware, under the Agreement the Conditions Precedent Date is 14 June 2019, and, as all the Conditions have not yet been satisfied, the parties have agreed in lieu of one or other of the Buyer or Seller giving notice to the other to extend the Conditions Precedent Date to 15 December 2019, to do so by agreement under this letter.

Accordingly, with effect on and from the date of execution of this letter, the parties agree the Agreement is amended by:

deleting clause 2.3;

in clause 2.6(a)(ii), deleting the words 'Final Conditions Precedent Date' and replacing them with the words 'Conditions Precedent Date';

deleting the definition of 'Conditions Precedent Date' in Schedule 1 and replacing it with the following:

deleting the definition of 'Final Conditions Precedent Date' in Schedule 1.

The parties agree that the Agreement:

will be read and constructed subject to this letter; and

except as amended in this letter, the Agreement continues in full force and effect.

The parties acknowledge that:

the terms of this letter effect an amendment to the Agreement in accordance with the requirements of clause 27.6 of the Agreement; and

the amendments to the Agreement in accordance with this letter result in a variation of the Agreement and not a cancellation, termination or replacement of the Agreement.

This letter may be executed in counterparts. All executed counterparts constitute one document.

Please sign the enclosed copy of this letter to evidence Wodgina Lithium Pty Ltd and Mineral Resources Limited's agreement to the terms of this letter.