Memorandum of Understanding executed with Pilbara Ports Authority for Iron Ore Exports

Alien Metals Ltd (AIM: UFO), a minerals exploration and development company, is pleased to announce it has entered into a conditional, non-binding Memorandum of Understanding (“MoU”) with Pilbara Ports to access its Utah Bulk Handling Facility (“Utah Point”), multi-user berth in Port Hedland. The agreement is the first important step in securing the formal commitment from Pilbara Ports to export the iron ore produced by the Company’s Hancock iron ore Project.