Mitsubishi Corporation

Murchison Metals Limited (ASX:MMX) (PINK:MUMTF) and its joint venture partner, Mitsubishi Development Pty Ltd (Mitsubishi), together with Crosslands Resources Ltd (Crosslands) and the Oakajee Port and Rail (OPR) have undertaken a detailed review of the project schedules in respect of Crosslands' Jack Hills Expansion Project (JHEP) and OPR's port and rail infrastructure projects.

Chile's environment ministry (MMA) has approved a US$169mn expansion project to increase pre-concentrated iron ore output from local firm CMP's Los Colorados mine in region III, the company said in a filing sent to securities regulator SVS.

Murchison Metals Limited (ASX:MMX) (PINK:MUMTF) is pleased to provide an update on the Jack Hills Expansion Project ("JHEP"). The Jack Hills iron ore project is owned and operated by Crosslands Resources Ltd ("Crosslands"), which is owned jointly by Murchison and Mitsubishi Development Pty Ltd.

Murchison Metals Limited (ASX:MMX) is pleased to provide a further update on its mining and infrastructure joint ventures with Mitsubishi Development Pty Ltd ("Mitsubishi"), a subsidiary of Mitsubishi Corporation (TYO:8058), Japan's largest general trading company.

At a ceremony in Perth earlier this week WA Mines and Petroleum Minister, the Hon. Norman Moore, awarded Crosslands Resources Ltd ("Crosslands") with a prestigious Golden Gecko Award for demonstrated environmental excellence.

Murchison Metals Limited (ASX:MMX) (PINK:MUMTF) is pleased to announce that its 50% owned Oakajee Port & Rail (OPR) has entered into Memoranda of Understanding (MOUs) with each of the three selected potential foundation customers for its planned 45mtpa port and rail infrastructure project.

Galaxy Resources Limited (ASX:GXY) (PINK:GALXF) is pleased to release quarterly report for the period ended 30 June 2010.

The Australian share market Tuesday resumed trading after a long weekend and started nearly no change. Overnight the US stocks closed slightly lower despite strong economic data from Europe and upbeat comments from a Federal Reserve official helped to support much of the session. However, the market sentiment was dented after credit rating agency Moody's lowered its rating on Greece's debt to "junk" status.

Murchison Metals Limited (ASX:MMX) (PINK:MUMTF) is pleased to announce that Andrew Caruso has been appointed Chief Executive Officer of Crosslands Resources Ltd ("Crosslands").

Murchison Metals Limited (ASX:MMX) (PINK:MUMTF) is pleased to announced that the Government of Western Australia has included funding for the development of Oakajee Port in its 2010-2011 Budget handed down yesterday by Premier and Treasurer Colin Barnett.