Austral Resources Delivers 2,643t Copper in Q4, Surpassing Guidance Despite Flooding

Operational Resilience Amidst Extreme Weather

Austral Resources Australia Ltd (ASX – AR1) has delivered a remarkable operational performance in the face of one of the most severe wet-season weather events to hit Northwest Queensland. Despite December rainfall exceeding 415mm, the company’s copper production for the quarter topped 2,643 tonnes, surpassing both its budget and previously published guidance of 2,610 tonnes. This achievement underscores Austral’s robust preparation and adaptive management strategies.

The Lady Annie operation, a cornerstone of Austral’s production, maintained uninterrupted processing throughout the heavy rains. The company’s long-standing pre-wet season water management and infrastructure readiness were pivotal in mitigating operational disruptions. While mining and haulage activities experienced brief, precautionary halts during unsafe conditions, processing remained stable and productive, reflecting a disciplined approach to safety and asset protection.

Challenges at Rocklands and Environmental Stewardship

Conversely, the Rocklands facility faced temporary access challenges due to flooding at Butchers Creek, with site personnel conducting ongoing inspections and maintenance to safeguard critical infrastructure. Despite these access issues, environmental compliance was maintained with no recorded non-compliances during the rainfall event, highlighting Austral’s commitment to responsible operations even under duress.

The company’s proactive risk mitigation extends beyond operational continuity to community support, with Austral expressing condolences to those affected by the extreme weather and pledging assistance in regional recovery efforts. This community engagement complements the company’s strategic focus on sustainable and resilient mining practices.

Leadership Confidence and Growth Outlook

Chairman David Newling praised the management and workforce for their exceptional handling of the crisis, emphasizing that the results validate Austral’s risk mitigation systems as world-class. Chief Operating Officer Shane O’Connell echoed this sentiment, highlighting the disciplined leadership and sustained investment in people and risk management that have enabled the company to withstand multiple natural disasters in recent years.

Looking ahead, Austral is positioned to leverage this operational momentum into 2026, with plans to continue expanding its resource base and enhancing production capabilities. The company’s dual processing facilities and significant mineral resources in the Mt Isa region provide a solid foundation for growth, even as it navigates the inherent challenges of mining in a flood-prone environment.