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Austral Resources Posts $24M Half-Year Loss Amid Strategic Restructuring Moves
9:06am on Thursday 4th of September, 2025 AEST
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Mining
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Austral Resources Posts $24M Half-Year Loss Amid Strategic Restructuring Moves
9:06am on Thursday 4th of September, 2025 AEST
Key Points
Half-year loss widened to $24.17 million from $9.28 million
Revenue from discontinued operations rose to $44.9 million; no revenue from continuing operations
Executed Deed of Company Arrangement to acquire Rocklands copper mine
Entered MOUs with Glencore and Maronan Metals for mining leases and toll treatment
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