Austral Resources Australia Says Agglomeration Drum Arrives On Site at Queensland Copper Processing Facility; Shares Up 3%

MT Newswires Live

Jul 29

Austral Resources Australia Ltd (ASX:AR1) said a replacement agglomeration drum arrived onsite at its Mt Kelly Copper Processing Facility in Queensland and will be installed over the coming days, according to a Wednesday Australian bourse filing.

The acquisition of the new drum was approved by the Austral board in late 2025.

The existing agglomeration drum has processed more than 22 million tonnes of ore and contributed to the production of over 155,000 tonnes of LME grade A copper cathode, the company said.

The company's shares rose past 3% in recent trading on Wednesday.

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