Mitsubishi Corporation

Murchison Metals Limited (ASX:MMX) releases a letter to Shareholders regarding a General Meeting of Shareholders of Murchison Metals which will be held at 10:00am (WST) on Monday 13 February 2012 to consider the proposed sale of the Company's interest in Crosslands Resources and the Oakajee Port and Rail infrastructure projects to Mitsubishi Development Pty Ltd.

Asian Activities Report for January 6, 2012 includes: Haier Group (SHA:600690) and Japan-based LIXIL Corporation have set up a joint venture company in Qingdao, China, to be engaged in the manufacturing and sales of building materials and housing equipment; Tokyo Stock Exchange Group has filed a notification to the Japan Fair Trade Commission regarding its merger plan with Osaka Securities Exchange; KOSÉ Corporation (TYO:4922) has successfully developed "Broad-Spectrum Sunscreen Cosmetics" that have been proven to prevent the aggravation of photosensitive dermatitis; Mitsubishi Corporation (TYO:8058) and India's fertilizer manufacturer Zuari Industries Limited (BOM:500780) have formed a joint venture for the purpose of investments in rock phosphate assets in Peru.

Murchison Metals Ltd (ASX:MMX) (PINK:MUMTF) has been advised that the Foreign Investment Review Board has issued a letter of no objection in relation to the proposed sale of the Company's interests in Crosslands Resources Ltd ("Crosslands") and Oakajee Port & Rail ("OPR") to Mitsubishi Development Pty Ltd ("Mitsubishi") for $325 million ("FIRB Approval").

Murchison Metals Limited (ASX:MMX) advises that, as indicated previously, mining operations at Crosslands Resources' ("Crosslands") Jack Hills iron ore mine will cease in late December 2011 in accordance with the five year Stage 1 mine plan.

Murchison Metals Limited (ASX:MMX) release a copy of the Chairman's Address to shareholders at the Company's Annual General Meeting in Perth on 24 November 2011.

Murchison Metals Limited (ASX:MMX) is pleased to present its Financial Report for the year ended 30 June 2011.

Murchison Metals Limited (ASX:MMX) (PINK:MUMTF) release Chairman's Letter to Shareholders.

Murchison Metals Limited (ASX:MMX) (PINK:MUMTF) is pleased to announce it has received feasibility studies from its 50% owned Crosslands Resources Ltd iron ore mining business and OPR infrastructure business in the mid-west region of Western Australia. Murchison's joint venture partner in both businesses is Mitsubishi Development Pty Ltd.

Murchison Metals Limited (ASX:MMX) (PINK:MUMTF) advises that it has today received feasibility studies for the Jack Hills Expansion Project and the Oakajee port and rail infrastructure project from Crosslands Resources Ltd and Oakajee Port & Rail respectively.

Murchison Metals Limited (ASX:MMX) (PINK:MUMTF) advises that the Commonwealth Department of Sustainability, Environment, Water, Population and Communities has granted approval under the Environment Protection and Biodiversity Conservation Act for Oakajee Port & Rail's proposed rail development.