Ann: Final Director's Interest Notice, page-16

Arrium Mining - Close comparable mine to WDR
Note comments on production FOB costs and average FOB price.
-----------------------------------------------------------------------------------------------------------
Shipments of 3.03Mt (dmt), up 54% from 1.97Mt (dmt) pcp despite some significant adverse
weather events
• Record year to date shipments of 9.3Mt (dmt), up 73% from 5.4Mt (dmt) pcp
• Average Platts 62% Fe CFR market index price US$120/dmt, down from US$135/dmt prior quarter
• Average realised price US$110/dmt CFR, down US$17/dmt on prior quarter, reflects lower market
prices and the impact of price adjustments on prior period shipments (Australian dollar average
realised price $123/dmt CFR).
• Average realised FOB price US$95/dmt, down US$16/dmt (Australian dollar average realised FOB
price $106/dmt) on prior quarter.
• Average cash cost loaded on ship A$47.4/wmt1 – favourable to guidance of ~A$50/wmt