Mesa Minerals Limited operates in the Ferroalloy ores, except vanadium sector. Mesa Minerals Limited (Mesa), formerly HiTec Energy Limited, is engaged in hydrometallurgical process technology designed to facilitate the production of manganese electrolytic products and fertilizer products from low grade manganese dioxide ores and from solid wastes containing significant levels of manganese. During the fiscal year ended June 30, 2010 (fiscal 2010), the Company's principal activities were to develop its jointly held Ant Hill and Sunday Hill manganese ore mining tenements in the Pilbara district of Western Australia, and to move towards commercialization of the Company's mineral processing technologies in order to enable the development of secondary processing facilities utilizing low grade manganese ores and wastes. During fiscal 2010, the Company completed two trial shipments of manganese ore to customers in China. During fiscal 2010, Mineral Resources Limited (MRL) acquired 64.23% of the Company's issued shares. In
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