Austral Resources Australia signs MoU with Metal Bank to potentially process ore from the Millennium project, expanding its strategic copper infrastructure in North-West Queensland.

Austral Resources Australia signs MoU with Metal Bank to potentially process ore from the Millennium project, expanding its strategic copper infrastructure in North-West Queensland. The non-binding agreement leverages Austral's recently acquired Rocklands processing facility, which has a 3.0 million tonnes per annum capacity. Located just 20km from the Rocklands site, the Millennium project presents an attractive near-term copper/cobalt feedstock opportunity. This move aligns with Austral's regional consolidation strategy, positioning the Rocklands facility as a potential processing hub for multiple regional ore sources. By establishing this partnership, Austral aims to unlock additional value beyond its own deposits and create mutually beneficial opportunities for shareholders in the Cloncurry region's mining sector.