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ASX Release 29 October 2021 agrimin Agrimin Limited | ABN 15 122 162 396 ASX Code : AMN 2C Loch Street Nedlands , Western Australia 6009 T : +61 8 9389 5363 E : admin@agrimin.com.au | W : www.agrimin.com.au QUARTERLY ACTIVITIES REPORT FOR PERIOD ENDING 30 SEPTEMBER 2021 Highlights Mackay Potash Project • Offtake negotiations advanced with multiple international fertiliser companies • Awarded Lead Agency Status by the Western Australian Government • Environmental Impact Assessment progressed with the Environmental Review Document submitted to the Environmental Protection Authority • Heritage surveys completed across all three native title determination areas to clear the proposed haul road and associated infrastructure • Front End Engineering Design ( “ FEED " ) works continued Corporate • Cash balance of $ 3.0 million as at 30 September 2021 Agrimin Limited ( ASX : AMN ) ( " Agrimin ” or “ the Company ” ) is pleased to report its activities for the quarter ending 30 September 2021 . Mackay Potash Project - Western Australia ( 100 % owned ) Agrimin's vision is to establish the Mackay Potash Project ( " the Project " ) as the world's leading seaborne supplier of Sulphate of Potash ( " SOP " ) fertiliser , to develop the Project with sustainability principles at its core and to empower local Indigenous communities throughout the Project's long life . The Project is situated on Lake Mackay in Western Australia ( " WA " ) , the largest undeveloped potash - bearing salt lake in the world . Lake Mackay hosts significant volumes of brine ( hypersaline groundwater ) containing dissolved potassium and sulphur which can produce high - grade , water - soluble SOP fertiliser . Page 1 of 7