{ "schema_version": "1.0.0", "ticker": "BM1", "company_name": "Ballard Mining Limited", "cutoff_date": "2026-10-09", "reviewed_at": "2026-10-09", "coverage_note": "Latest readable register found is dated 24 September 2025. Substantial-holder disclosures are refreshed through 30 April 2026 using later notices; the current 2026 annual-report file is locally corrupted and its shareholder pages contain only the watermark in extracted/rendered content.", "register": { "as_of_date": "2025-09-24", "issued_shares": 340000100, "source_ids": [ "bm1-ar-2025" ], "holders": [ { "holder_id": "delta-lithium", "name": "Delta Lithium Limited", "classification": "direct_holder", "shares": 156310994, "percentage": 45.97, "percentage_basis": "issued_shares", "as_of_date": "2025-09-24", "investor_id": null, "identity_note": null, "source_ids": [ "bm1-ar-2025" ], "notes": [ "Registered account in the latest readable top-holder list; this register predates 2026 capital issuance and substantial-holder changes." ], "caveat": null }, { "holder_id": "hsbc", "name": "HSBC Custody Nominees (Australia) Limited", "classification": "nominee_custodian", "shares": 26977776, "percentage": 7.93, "percentage_basis": "issued_shares", "as_of_date": "2025-09-24", "investor_id": null, "identity_note": null, "source_ids": [ "bm1-ar-2025" ], "notes": [ "Registered account in the latest readable top-holder list; this register predates 2026 capital issuance and substantial-holder changes." ], "caveat": null }, { "holder_id": "citicorp", "name": "Citicorp Nominees Pty Limited", "classification": "nominee_custodian", "shares": 25284360, "percentage": 7.44, "percentage_basis": "issued_shares", "as_of_date": "2025-09-24", "investor_id": null, "identity_note": null, "source_ids": [ "bm1-ar-2025" ], "notes": [ "Registered account in the latest readable top-holder list; this register predates 2026 capital issuance and substantial-holder changes." ], "caveat": null }, { "holder_id": "acn-657", "name": "A C N 657 042 218 Pty Ltd", "classification": "direct_holder", "shares": 19149054, "percentage": 5.63, "percentage_basis": "issued_shares", "as_of_date": "2025-09-24", "investor_id": null, "identity_note": null, "source_ids": [ "bm1-ar-2025" ], "notes": [ "Registered account in the latest readable top-holder list; this register predates 2026 capital issuance and substantial-holder changes." ], "caveat": null }, { "holder_id": "idemitsu", "name": "Idemitsu Mt Ida Pty Ltd", "classification": "direct_holder", "shares": 7604058, "percentage": 2.24, "percentage_basis": "issued_shares", "as_of_date": "2025-09-24", "investor_id": null, "identity_note": null, "source_ids": [ "bm1-ar-2025" ], "notes": [ "Registered account in the latest readable top-holder list; this register predates 2026 capital issuance and substantial-holder changes." ], "caveat": null }, { "holder_id": "hsbc-a2", "name": "HSBC Custody Nominees (Australia) Limited - A/C 2", "classification": "nominee_custodian", "shares": 6791758, "percentage": 2.0, "percentage_basis": "issued_shares", "as_of_date": "2025-09-24", "investor_id": null, "identity_note": null, "source_ids": [ "bm1-ar-2025" ], "notes": [ "Registered account in the latest readable top-holder list; this register predates 2026 capital issuance and substantial-holder changes." ], "caveat": null }, { "holder_id": "treasury-nero", "name": "Treasury Services Group Pty Ltd ", "classification": "direct_holder", "shares": 6330932, "percentage": 1.86, "percentage_basis": "issued_shares", "as_of_date": "2025-09-24", "investor_id": null, "identity_note": null, "source_ids": [ "bm1-ar-2025" ], "notes": [ "Registered account in the latest readable top-holder list; this register predates 2026 capital issuance and substantial-holder changes." ], "caveat": null }, { "holder_id": "precision-opportunities", "name": "Precision Opportunities Fund Ltd ", "classification": "direct_holder", "shares": 3396206, "percentage": 1.0, "percentage_basis": "issued_shares", "as_of_date": "2025-09-24", "investor_id": null, "identity_note": null, "source_ids": [ "bm1-ar-2025" ], "notes": [ "Registered account in the latest readable top-holder list; this register predates 2026 capital issuance and substantial-holder changes." ], "caveat": null }, { "holder_id": "william-beament", "name": "Mr William James Beament ", "classification": "direct_holder", "shares": 2093438, "percentage": 0.62, "percentage_basis": "issued_shares", "as_of_date": "2025-09-24", "investor_id": null, "identity_note": null, "source_ids": [ "bm1-ar-2025" ], "notes": [ "Registered account in the latest readable top-holder list; this register predates 2026 capital issuance and substantial-holder changes." ], "caveat": null }, { "holder_id": "jp-morgan", "name": "J P Morgan Nominees Australia Pty Limited", "classification": "nominee_custodian", "shares": 2034986, "percentage": 0.6, "percentage_basis": "issued_shares", "as_of_date": "2025-09-24", "investor_id": null, "identity_note": null, "source_ids": [ "bm1-ar-2025" ], "notes": [ "Registered account in the latest readable top-holder list; this register predates 2026 capital issuance and substantial-holder changes." ], "caveat": null }, { "holder_id": "amanda-croser", "name": "Mrs Amanda Jane Croser ", "classification": "direct_holder", "shares": 1789560, "percentage": 0.53, "percentage_basis": "issued_shares", "as_of_date": "2025-09-24", "investor_id": null, "identity_note": null, "source_ids": [ "bm1-ar-2025" ], "notes": [ "Registered account in the latest readable top-holder list; this register predates 2026 capital issuance and substantial-holder changes." ], "caveat": null }, { "holder_id": "zero-nominees", "name": "Zero Nominees Pty Ltd <5063463 A/C>", "classification": "nominee_custodian", "shares": 1750000, "percentage": 0.51, "percentage_basis": "issued_shares", "as_of_date": "2025-09-24", "investor_id": null, "identity_note": null, "source_ids": [ "bm1-ar-2025" ], "notes": [ "Registered account in the latest readable top-holder list; this register predates 2026 capital issuance and substantial-holder changes." ], "caveat": null }, { "holder_id": "certane-argonaut", "name": "Certane CT Pty Ltd ", "classification": "nominee_custodian", "shares": 1643176, "percentage": 0.48, "percentage_basis": "issued_shares", "as_of_date": "2025-09-24", "investor_id": null, "identity_note": null, "source_ids": [ "bm1-ar-2025" ], "notes": [ "Registered account in the latest readable top-holder list; this register predates 2026 capital issuance and substantial-holder changes." ], "caveat": null }, { "holder_id": "cedarfield", "name": "Cedarfield Holdings Pty Ltd ", "classification": "direct_holder", "shares": 1600000, "percentage": 0.47, "percentage_basis": "issued_shares", "as_of_date": "2025-09-24", "investor_id": null, "identity_note": null, "source_ids": [ "bm1-ar-2025" ], "notes": [ "Registered account in the latest readable top-holder list; this register predates 2026 capital issuance and substantial-holder changes." ], "caveat": null }, { "holder_id": "palm-beach", "name": "Palm Beach Nominees Pty Limited", "classification": "nominee_custodian", "shares": 1567640, "percentage": 0.46, "percentage_basis": "issued_shares", "as_of_date": "2025-09-24", "investor_id": null, "identity_note": null, "source_ids": [ "bm1-ar-2025" ], "notes": [ "Registered account in the latest readable top-holder list; this register predates 2026 capital issuance and substantial-holder changes." ], "caveat": null }, { "holder_id": "nameo", "name": "Nameo Pty Ltd", "classification": "direct_holder", "shares": 1417234, "percentage": 0.42, "percentage_basis": "issued_shares", "as_of_date": "2025-09-24", "investor_id": null, "identity_note": null, "source_ids": [ "bm1-ar-2025" ], "notes": [ "Registered account in the latest readable top-holder list; this register predates 2026 capital issuance and substantial-holder changes." ], "caveat": null }, { "holder_id": "bell-potter", "name": "Bell Potter Nominees Ltd ", "classification": "nominee_custodian", "shares": 1333333, "percentage": 0.39, "percentage_basis": "issued_shares", "as_of_date": "2025-09-24", "investor_id": null, "identity_note": null, "source_ids": [ "bm1-ar-2025" ], "notes": [ "Registered account in the latest readable top-holder list; this register predates 2026 capital issuance and substantial-holder changes." ], "caveat": null }, { "holder_id": "warbont", "name": "Warbont Nominees Pty Ltd ", "classification": "nominee_custodian", "shares": 1175366, "percentage": 0.35, "percentage_basis": "issued_shares", "as_of_date": "2025-09-24", "investor_id": null, "identity_note": null, "source_ids": [ "bm1-ar-2025" ], "notes": [ "Registered account in the latest readable top-holder list; this register predates 2026 capital issuance and substantial-holder changes." ], "caveat": null }, { "holder_id": "botsis", "name": "Botsis Holdings Pty Ltd", "classification": "direct_holder", "shares": 1000000, "percentage": 0.29, "percentage_basis": "issued_shares", "as_of_date": "2025-09-24", "investor_id": null, "identity_note": null, "source_ids": [ "bm1-ar-2025" ], "notes": [ "Registered account in the latest readable top-holder list; this register predates 2026 capital issuance and substantial-holder changes." ], "caveat": null }, { "holder_id": "lichita", "name": "Lichita Pty Ltd ", "classification": "direct_holder", "shares": 1000000, "percentage": 0.29, "percentage_basis": "issued_shares", "as_of_date": "2025-09-24", "investor_id": null, "identity_note": null, "source_ids": [ "bm1-ar-2025" ], "notes": [ "Registered account in the latest readable top-holder list; this register predates 2026 capital issuance and substantial-holder changes." ], "caveat": null }, { "holder_id": "denis-reynolds", "name": "Mr Denis John Reynolds", "classification": "direct_holder", "shares": 1000000, "percentage": 0.29, "percentage_basis": "issued_shares", "as_of_date": "2025-09-24", "investor_id": null, "identity_note": null, "source_ids": [ "bm1-ar-2025" ], "notes": [ "Registered account in the latest readable top-holder list; this register predates 2026 capital issuance and substantial-holder changes." ], "caveat": null }, { "holder_id": "southern-cross", "name": "Southern Cross Capital Pty Ltd", "classification": "direct_holder", "shares": 1000000, "percentage": 0.29, "percentage_basis": "issued_shares", "as_of_date": "2025-09-24", "investor_id": null, "identity_note": null, "source_ids": [ "bm1-ar-2025" ], "notes": [ "Registered account in the latest readable top-holder list; this register predates 2026 capital issuance and substantial-holder changes." ], "caveat": null } ] }, "substantial_holders": [ { "holder_id": "delta-lithium-sub", "name": "Delta Lithium Limited and related entities", "classification": "reporting_group", "shares": 156310994, "percentage": 34.38, "percentage_basis": "issued_shares", "as_of_date": "2026-04-30", "investor_id": null, "identity_note": null, "source_ids": [ "bm1-delta-2026" ], "notes": [ "The underlying holder Delta Lithium retains 156,310,994 shares; Ballard’s notice concerns disclosure/restrictions and release of Aurenne’s escrow, not beneficial ownership by Ballard." ], "caveat": null }, { "holder_id": "minres-group", "name": "Mineral Resources Limited and related entities (MinRes Group)", "classification": "reporting_group", "shares": 175460048, "percentage": 38.6, "percentage_basis": "issued_shares", "as_of_date": "2026-02-02", "investor_id": null, "identity_note": null, "source_ids": [ "bm1-minres-2026" ], "notes": [ "Current post-dilution relevant interest disclosed by the MinRes Group." ], "caveat": null }, { "holder_id": "hppl-group", "name": "HPPL Group / Hancock Prospecting Pty Ltd", "classification": "reporting_group", "shares": 21041576, "percentage": 6.19, "percentage_basis": "issued_shares", "as_of_date": "2025-07-16", "investor_id": null, "identity_note": null, "source_ids": [ "bm1-hppl-2025" ], "notes": [ "Latest located HPPL substantial-holder notice; no later change/cessation notice in the local cache." ], "caveat": "The 6.19% is from July 2025 and was measured before later capital issues. It should not be read as a current percentage; no later quantity or cessation was located." } ], "sources": [ { "source_id": "bm1-ar-2025", "title": "Ballard Mining Limited Annual Report 2025", "publisher": "ASX / Ballard Mining Limited", "url": "https://asx.api.markitdigital.com/asx-research/1.0/file/2924-02999872-6A1286645", "publication_date": "2025-09-29", "accessed_date": "2026-10-09", "locator": "Local PDF downloads/BM1/2025/2025-09-29_Annual Report to shareholders.pdf, pp. 70 and 72", "detail": "Last readable full register, measured 24 September 2025, with 340,000,100 shares issued and then-current substantial holder list." }, { "source_id": "bm1-delta-2026", "title": "Change in substantial holding", "publisher": "ASX / Ballard Mining Limited", "url": "https://asx.api.markitdigital.com/asx-research/1.0/file/2924-03084923-6A1323313", "publication_date": "2026-04-30", "accessed_date": "2026-10-09", "locator": "Local PDF downloads/BM1/2026/2026-04-30_Change in substantial holding_404129839a48132d.pdf, pp. 1-3", "detail": "Ballard/Mt Ida notice reports 156,310,994 shares and 34.38% after Aurenne’s 36,363,640 escrowed shares were released; remaining disclosure relates to Delta Lithium’s restricted holding." }, { "source_id": "bm1-minres-2026", "title": "Change in substantial holding from MinRes", "publisher": "ASX / Ballard Mining Limited", "url": "https://asx.api.markitdigital.com/asx-research/1.0/file/2924-03052936-6A1310519", "publication_date": "2026-02-04", "accessed_date": "2026-10-09", "locator": "Local PDF downloads/BM1/2026/2026-02-04_Change in substantial holding from MIN_c13cfafeed35e50e.pdf, pp. 1-4", "detail": "MinRes Group reports 175,460,048 shares and 38.6% after dilution from the 2 February 2026 share issue; its prior reported figure was 51.6%." }, { "source_id": "bm1-hppl-2025", "title": "Becoming a substantial holder", "publisher": "ASX / Ballard Mining Limited", "url": "https://asx.api.markitdigital.com/asx-research/1.0/file/2924-02968606-6A1273534", "publication_date": "2025-07-17", "accessed_date": "2026-10-09", "locator": "Local PDF downloads/BM1/2025/2025-07-17_Becoming a substantial holder_1ad21c2d55605be7.pdf", "detail": "HPPL Group (Hancock Prospecting Pty Ltd) reported 21,041,576 shares and 6.19% as a substantial holder." } ], "limitations": [ "The register is dated September 2025 and predates at least the February 2026 issue of shares; it is not a current top-20 list. The 2026 annual-report shareholder pages were not recoverable from the local PDF.", "2026 substantial-holder percentages for Delta and MinRes use post-issue capital; HPPL’s 2025 percentage is historical and may have fallen below 5% after dilution.", "The apparent Delta and Ballard/Mt Ida disclosures concern the same Delta holding; only Delta is represented as the underlying holder.", "Nominee register accounts do not identify beneficial owners." ] }