MNZ said 20 of dangerous containers were in a hold which suffered "considerable damage" when the vessel ran aground.
Of those, 17 were understood to be submerged, though all were likely to have submerged at some time amid the ship's movements.
They contain 490 tonnes of the product cryolite, which is dangerous to humans in its dry form if ingested or inhaled.
Ms Taylor said cryolite on board Rena was considered to be a low risk as the product is only slightly soluble in water, so is expected to dissolve slowly.
Despite that, salvors working aboard the stricken vessel would need to take extra precautions, she said.
"While this late notification is frustrating, it's simply another issue Rena has thrown at us that we have to get on and deal with. It's the typical nature of salvage operations that these sorts of issues will come up, and our plans remain flexible enough to respond to them as they occur."
The Rena was yesterday battered by choppy seas and strong winds.
Those conditions are expected to last until Saturday, increasing fears the "fragile" cracked vessel will break up.