Foreign Acquisitions and Takeovers (Disposal of Interests in Northern Minerals Limited) Orders (No. 1) 2026

Foreign Acquisitions and Takeovers (Disposal of Interests in Northern Minerals Limited) Orders (No. 1) 2026

I, Jim Chalmers, Treasurer, being satisfied of the matters in subsection 69(1A) of the Foreign Acquisitions and Takeovers Act 1975, make the following instrument.

Dated   17 May 2026

Dr Jim Chalmers

Treasurer

Contents

Part 1—Preliminary

1  Name 

2  Commencement

3  Authority

4  Definitions

Part 2—Disposal orders

5  Disposal order—Hong Kong Ying Tak Limited

6  Disposal order—Real International Resources Limited

7  Disposal order—Qogir Trading & Service Co., Limited

8  Disposal order—Chuanyou Cong

9  Disposal order—Vastness Investment Group Limited

10  Disposal order—Zhongxiong Lin

Part 1—Preliminary

1  Name

  This instrument is the Foreign Acquisitions and Takeovers (Disposal of Interests in Northern Minerals Limited) Orders (No. 1) 2026.

2  Commencement

 (1) Each provision of this instrument specified in column 1 of the table commences, or is taken to have commenced, in accordance with column 2 of the table. Any other statement in column 2 has effect according to its terms.

Note: This table relates only to the provisions of this instrument as originally made. It will not be amended to deal with any later amendments of this instrument.

 (2) Any information in column 3 of the table is not part of this instrument. Information may be inserted in this column, or information in it may be edited, in any published version of this instrument.

3  Authority

  This instrument is made under the Foreign Acquisitions and Takeovers Act 1975.

4  Definitions

Note: Expressions have the same meaning in this instrument as in the Foreign Acquisitions and Takeovers Act 1975 as in force from time to time—see paragraph 13(1)(b) of the Legislation Act 2003.

  In this instrument:

ABN has the meaning given by the A New Tax System (Australian Business Number) Act 1999.

Northern Minerals means Northern Minerals Limited (ABN 61 119 966 353).

NTU shareholder register is the register of members set up and maintained by Northern Minerals as required by sections 168 and 169 of the Corporations Act 2001.

the Act means the Foreign Acquisitions and Takeovers Act 1975.

Part 2—Disposal orders

5  Disposal order—Hong Kong Ying Tak Limited

 (1) Subject to subsection (3), under subsection 69(2) of the Act, Hong Kong Ying Tak Limited, being the foreign person mentioned in subsection (2), is directed to dispose of the following interests, within 14 days from the day on which this section commences, to one or more persons who are not associates of Hong Kong Ying Tak Limited:

 (a) interests in 95,328,713 ordinary shares in Northern Minerals, as acquired by Hong Kong Ying Tak Limited, through brokers, agents, custodians or other similar financial intermediaries, on 13 November 2024.

 (2) For the purposes of subsection (1), Hong Kong Ying Tak Limited is the foreign person entered on the NTU shareholder register with that name, Hong Kong Business Registration Number 59436183 and the following address:

  4th Floor

  Wing Sing Commercial Centre

  12-16 Wing Lok Street

  HONG KONG

 (3) Subsection (1) does not apply to the extent that it requires Hong Kong Ying Tak Limited to engage in conduct that would be inconsistent with section 5 of the Foreign Acquisitions and Takeovers (Interests in Northern Minerals Limited No. 1) Directions 2026.

Note: Relevantly, the Foreign Acquisitions and Takeovers (Interests in Northern Minerals Limited No. 1) Directions 2026 directs certain foreign persons not to dispose of certain interests in ordinary shares in Northern Minerals on or before the holding by Northern Minerals of its next AGM.

6  Disposal order—Real International Resources Limited

 (1) Under subsection 69(2) of the Act, Real International Resources Limited, being the foreign person mentioned in subsection (2), is directed to dispose of the following interests, within 14 days from the day on which this section commences, to one or more persons who are not associates of Real International Resources Limited:

 (a) interests in 619,071,000 ordinary shares in Northern Minerals, as acquired by Real International Resources Limited between 6 September 2023 and 20 February 2025.

 (2) For the purposes of subsection (1), Real International Resources Limited is the foreign person entered on the NTU shareholder register with that name, British Virgin Islands company number 2125059 and the following address:

  Vistra Corporate Services Centre

  Wickhams Cay II

  Road Town

  Tortola

  VG1110

  BRITISH VIRGIN ISLANDS

7  Disposal order—Qogir Trading & Service Co., Limited

 (1) Under subsection 69(2) of the Act, Qogir Trading & Service Co., Limited, being the foreign person mentioned in subsection (2), is directed to dispose of the following interests, within 14 days from the day on which this section commences, to one or more persons who are not associates of Qogir Trading & Service Co., Limited:

 (a) interests in 523,463,250 ordinary shares in Northern Minerals, as acquired by Qogir Trading & Service Co., Limited, through brokers, agents, custodians or other similar financial intermediaries, between 2 September 2024 and 20 January 2026.

 (2) For the purposes of subsection (1), Qogir Trading & Service Co., Limited is the foreign person entered on the NTU shareholder register with that name, Hong Kong Business Registration Number 76470823 and the following address:

  Room 06,13A/F., South Tower

  World Finance Centre

  Harbour City

  17 Canton Road

  Tsim She Tsui

  Kowloon

  HONG KONG

8  Disposal order—Chuanyou Cong

 (1) Under subsection 69(2) of the Act, Chuanyou Cong, being the foreign person mentioned in subsection (2), is directed to dispose of the following interests, within 14 days from the day on which this section commences, to one or more persons who are not associates of Chuanyou Cong:

 (a) interests in 130,056,866 ordinary shares in Northern Minerals, as acquired by Chuanyou Cong, through brokers, agents, custodians or other similar financial intermediaries, between 16 December 2025 and 29 January 2026.

 (2) For the purposes of subsection (1), Chuanyou Cong is the foreign person entered on the NTU shareholder register with that name and the following address:

  NingyangZhen

  Qixian Road

  1443#

  Ningyang County

  Shandong

  271400

  CHINA

9  Disposal order—Vastness Investment Group Limited

 (1) Under subsection 69(2) of the Act, Vastness Investment Group Limited, being the foreign person mentioned in subsection (2), is directed to dispose of the following interests, within 14 days from the day on which this section commences, to one or more persons who are not associates of Vastness Investment Group Limited:

 (a) interests in 271,250,091 ordinary shares in Northern Minerals, as acquired by Vastness Investment Group Limited on 24 September 2024.

 (2) For the purposes of subsection (1), Vastness Investment Group Limited is the foreign person entered on the NTU shareholder register with that name, British Virgin Islands company number 2014847 and the following address:

  Room 107, Building A5

  Shuangjing Fuli City

  Chaoyang District

  Beijing

  CHINA

10  Disposal order—Zhongxiong Lin

 (1) Under subsection 69(2) of the Act, Zhongxiong Lin, being the foreign person mentioned in subsection (2), is directed to dispose of the following interests, within 14 days from the day on which this section commences, to one or more persons who are not associates of Zhongxiong Lin:

 (a) interests in 39,725,860 ordinary shares in Northern Minerals, as acquired by Zhongxiong Lin, through brokers, agents, custodians or other similar financial intermediaries, on 24 September 2024.

 (2) For the purposes of subsection (1), Zhongxiong Lin is the foreign person entered on the NTU shareholder register with that name and the following address:

  No. 86, South Dongyuan Village

  Chengtou Town

  Fuqing City

  Fujian Province

  350300

  CHINA