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Austral Resources Advances Copper Production and Strategic Growth Amid Recapitalisation

6:04am on Monday 2nd of June, 2025 AEST Mining
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Austral Resources Advances Copper Production and Strategic Growth Amid Recapitalisation

6:04am on Monday 2nd of June, 2025 AEST
Key Points
  • Completed mining campaign at Anthill West Pit despite challenging wet conditions
  • Signed strategic Memorandum of Understanding with New Frontier Minerals to boost Mt Kelly processing output
  • Ongoing recapitalisation process with planned equity raise and ASX suspension continuation
  • March quarter copper production impacted by weather and operational challenges but foundational improvements achieved
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