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How Did Austral Resources Beat Production Targets Amid Wet-Season Challenges?
9:42am on Tuesday 27th of January, 2026 AEDT
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Mining
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How Did Austral Resources Beat Production Targets Amid Wet-Season Challenges?
9:42am on Tuesday 27th of January, 2026 AEDT
Key Points
Completed $40 million placement and re-quoted on ASX after 26-month suspension
December quarter copper production exceeded guidance despite wet-season challenges
Generated $41.3 million in copper cathode sales with positive operating cash flow
Acquired Lady Loretta mine and Rocklands Project, expanding copper resource base
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Austral Resources Australia (ASX:AR1)
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