Austral Resources Australia

A Pure-Play Australian Copper Company Producing LME Grade A Copper Cathode

ASX: AR1

Austral Resources Australia

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Company Snapshot

Company Name

Austral Resources Australia Ltd

Stock Ticker

ASX: AR1

Company Type

Explorer

Developer

Producer

Commodity Exposure

Copper

Project Locations

Queensland, Australia

Stock Performance

Austral Resources Australia's share price history, market cap, and detailed financials.

About

Austral Resources Australia Ltd (ASX: AR1) is a pure-play Australian copper company making London Metal Exchange (LME) Grade A copper cathodes. Austral Resources' flagship Lady Annie Operations project is based in the prolific copper region of Mt Isa in northwestern Queensland. The Project comprises 8 deposits from which more than 30 ktpa of copper cathode product has been historically mined from 4 open cut pits.

Austral Resources recently started copper cathode production at its new open pit Anthill Mine and has a strong pipeline of projects at various stages of exploration and development.

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Investment Highlights

In production, funded, and de-risked
  • Anthill Mine in production
  • Austral Resources generates ~AUD$140,000,000 pa revenue at 10,000 tpa planned cathode production
  • Glencore pre-payment provides a crucial cash buffer during Anthill Mine's startup


  • Excellent self-funded exploration potential
  • Clearly-defined exploration program to increase oxide resources and life-of-mine in a target-rich environment
  • Self-funded through Anthill Mine cashflow


  • Mount Isa: a prolific copper region
  • Mount Isa district is a prolific copper region, containing numerous other copper and base metal assets
  • Austral Resources' Mt Kelly plant is ideally-positioned to promote regional consolidation


  • Pure copper exposure
  • Austral Resources is one of only a few pure-play copper companies listed on the ASX
  • Earnings leveraged to historic high copper price and imminent production ramp-up at Anthill Mine


  • Significant Copper Inventory
  • Large JORC Mineral Resource Estimate of 60 Mt @ 0.70% Cu (approximately 423 kt of contained Cu)
  • A substantial copper inventory to be further expanded through exploration and discovery


  • (Austral Resources Australia Company Presentation 4 May 2022)

    Contact & Socials

    admin@australres.com

    Company Location

    Head Office

    RACQ House, Level 9, Suite 902, 60 Edward Street, Brisbane City Queensland 4000, Australia

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