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Austral Resources Australia Limited
(Sydney:AR1)
Austral Resources Australia Limited (AR1) vs. iShares MSCI Australia ETF (EWA)
Austral Resources Australia Limited Business Overview & Revenue Model
Austral Resources Australia Limited Financial Statement Overview
| Breakdown | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 82.09M | 110.28M | 54.83M | 37.26M | 25.04M |
| Gross Profit | -9.03M | 29.74M | 13.23M | 2.08M | -2.12M |
| EBITDA | -8.43M | 39.30M | -11.54M | -4.69M | -17.80M |
| Net Income | -22.62M | 9.45M | -29.80M | -11.73M | -22.53M |
Balance Sheet | |||||
| Total Assets | 148.63M | 156.48M | 134.30M | 69.99M | 62.92M |
| Cash, Cash Equivalents and Short-Term Investments | 79.00K | 1.15M | 1.53M | 13.33M | 48.74M |
| Total Debt | 84.61M | 68.44M | 65.52M | 27.54M | 28.00M |
| Total Liabilities | 179.85M | 164.75M | 152.97M | 82.61M | 68.00M |
| Stockholders Equity | -31.22M | -8.27M | -18.68M | -12.62M | -5.08M |
Cash Flow | |||||
| Free Cash Flow | -3.69M | 4.57M | -51.21M | -3.77M | -11.75M |
| Operating Cash Flow | 9.41M | 41.85M | -1.80M | 646.00K | -11.29M |
| Investing Cash Flow | -12.51M | -37.28M | -49.41M | -10.62M | -81.00K |
| Financing Cash Flow | 2.03M | -5.01M | 38.95M | 23.27M | 11.68M |
Austral Resources Australia Limited Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
| ― | $10.43B | 7.12 | -0.05% | 2.87% | 2.86% | -36.73% | |
| ― | AU$9.91M | ― | -157.73% | ― | ― | 6.15% | |
| ― | AU$107.83M | -3.84 | -29.41% | ― | 281.37% | 2.27% | |
| ― | €106.16M | ― | -73.21% | ― | ― | -11.29% | |
| ― | AU$84.35M | -1.84 | ― | ― | -57.00% | -1789.13% | |
| ― | AU$163.17M | ― | -4.91% | ― | ― | -20.00% |
Austral Resources Australia Limited Corporate Events
Austral Resources Australia Ltd has secured $40 million through a placement offer, issuing approximately 800 million shares at $0.05 each. The funds will support balance sheet recapitalization, acquisition integration, and development projects, including the Rocklands mine. This financial move positions Austral to meet ASX reinstatement conditions and leverage its recent acquisitions to enhance its standing in the copper industry, aiming for sustainable production of 50,000 tonnes of copper annually over 20 years.
Austral Resources Australia Limited has issued a Supplementary Prospectus to extend the closing date for its placement offer to sophisticated investors, aiming to raise $40 million. The extension moves the closing date from October 10 to October 20, 2025, allowing more time for potential investors to participate. The company plans to issue new shares and options, with trading expected to commence on October 28, 2025. Failure to meet reinstatement conditions by October 31, 2025, could result in removal from the ASX Official List.
Austral Resources Australia Limited has released an investor presentation outlining its strategic vision to become a mid-tier copper powerhouse through disciplined consolidation and low-cost production. The company’s operations in Queensland’s world-class copper belt are positioned to deliver sustained value, with a focus on responsible growth. The presentation highlights the company’s commitment to maintaining its production targets and financial forecasts, as well as its adherence to the JORC Code for reporting mineral resources and ore reserves.
Austral Resources Australia Ltd, a company listed on the Australian Securities Exchange (ASX), has announced an extension of its suspension from trading until 31 October 2025. This extension follows recent transactions and lodgements, including the execution of agreements related to the Rocklands transaction, lodging a Prospectus with ASIC and ASX, and obtaining shareholder approval for securities issuance. The company aims to complete the Rocklands transaction and capital raise according to a proposed timetable, with the reinstatement of shares to trading on ASX expected by 17 October 2025. This development is crucial for Austral as it faces a deadline that could lead to its removal from the ASX if not resolved.
Austral Resources Australia Ltd announced the successful passage of all resolutions during its 2025 General Meeting. The resolutions included the issuance of shares and options, financial assistance, and related party transactions, all of which were approved unanimously by proxy votes, indicating strong shareholder support for the company’s strategic initiatives.
Austral Resources Australia Ltd has successfully completed two significant acquisitions, marking a pivotal step in its consolidation strategy and efforts to re-quote on the ASX. The company’s chairman emphasized the importance of shareholder approval for the issuance of securities and the equity raising prospectus, which are crucial for attracting new investors and advancing the company’s growth strategy in the copper market.
Austral Resources Australia Limited has announced an update to its previous proposal regarding the issuance of securities. The company has increased the maximum number of shares to be issued for the acquisition of the Rocklands project to 168,200,000. This move is part of Austral Resources’ strategic efforts to bolster its asset portfolio and strengthen its position within the mining sector. The increased share issuance is expected to facilitate the acquisition process and potentially enhance shareholder value.
Austral Resources Australia Limited has announced a proposed issue of 1,040,000,000 ordinary fully paid securities, with the issue date set for October 14, 2025. This strategic move is expected to enhance the company’s capital structure, potentially impacting its market position and offering new opportunities for stakeholders.
Austral Resources Australia Limited is undertaking a series of placement offers to raise $40 million by issuing new shares at 5 cents each. The funds will be used to re-comply with ASX listing rules and facilitate the secondary trading of shares. The offers include placements to Dragon Field International Limited, Thiess, and AES, with the aim of converting existing debts into equity. This strategic move is expected to enhance the company’s financial stability and market presence.
Austral Resources Australia Ltd has announced a significant step in its strategic plan to become a leading mid-tier copper producer by lodging a Prospectus for a $40 million Placement offer. The funds raised will be used for acquisition integration, exploration, resource development, and debt settlement, positioning the company to unlock the full potential of the Mount Isa and Cloncurry copper region. This move is expected to strengthen Austral’s financial position, enabling it to achieve sustainable copper production targets and enhance its market presence.
Austral Resources Australia Ltd reported a significant increase in losses for the half-year ending June 2025, with a total loss of $24.17 million compared to $9.275 million in the previous year. Despite an increase in revenue from discontinued operations by 4.8% to $44.922 million, the company faced challenges with zero revenue from continuing operations and a decrease in net operating cash inflows. The company’s financial position showed a slight improvement in cash and cash equivalents, but no dividends were declared during this period.
Austral Resources Australia Ltd has finalized agreements with Glencore to support its acquisition of Copper Resources Australia, which includes a tolling agreement, loan facility, and offtake agreements. These agreements are pivotal in ensuring the full utilization of the Rocklands processing facility, enhancing Austral’s capacity to process copper-gold sulphide mineralization. This strategic move is part of Austral’s regional consolidation and growth strategy, positioning the company to unlock the potential of the Mount Isa and Cloncurry copper system. The acquisition is set to close alongside a planned equity raising, further solidifying Austral’s industry positioning and operational capabilities.
Austral Resources Australia Ltd has issued an addendum to its previously released notice of a general meeting scheduled for September 4, 2025. The addendum includes an amendment to an existing resolution and introduces an additional resolution to be considered by shareholders. This development may impact the company’s governance and strategic decisions, potentially influencing its operations and stakeholder interests.
Austral Resources Australia Ltd has announced significant changes to its Board of Directors, appointing David Quinlivan, Sean Westbrook, and Neil Meadows as Non-Executive Directors. These appointments bring extensive expertise in geology, mining engineering, and metallurgy, aligning with the company’s strategy to consolidate the North-West Queensland copper region. The establishment of a technical committee to focus on the Rocklands restart strategy further underscores Austral’s commitment to enhancing its operational capabilities and strategic growth.
Austral Resources Australia Ltd has signed a non-binding Memorandum of Understanding with Maronan Metals Limited to explore a strategic alliance for toll treating Maronan’s ore at Austral’s Rocklands processing facility. This collaboration aims to leverage regional infrastructure to advance the Maronan Project, providing a low-capital pathway for Maronan to assess processing options for its mineral deposits. The partnership highlights Austral’s strategy to attract third-party interest in its assets and strengthen its role as a regional consolidation vehicle.
Maronan Metals Limited, a company focused on evaluating cost-effective processing pathways for its Silver-Lead and Copper-Gold mineralisation, has entered a non-binding Memorandum of Understanding (MoU) with Austral Resources Australia Ltd. This collaboration aims to explore the potential for toll treatment of ore from the Maronan Project at Austral’s Rocklands processing facility in Queensland. The MoU provides a low-capital opportunity for Maronan to assess regional processing options, supporting its strategy of maintaining development flexibility and leveraging third-party infrastructure. While the agreement is preliminary and non-binding, it represents a strategic step towards unlocking regional synergies and reducing development risk for both companies.
Austral Resources Australia Ltd announced the details of its upcoming general meeting scheduled for September 4, 2025. The company has opted to distribute the notice of meeting digitally, in line with modern practices, and encourages shareholders to participate and vote online. This move reflects the company’s adaptation to digital communication trends, potentially enhancing shareholder engagement and operational efficiency.
Austral Resources Australia Ltd reported its June 2025 quarterly activities, highlighting significant developments in its operations and strategic acquisitions. The company exceeded its ore mining targets but fell short of copper production due to infrastructure upgrades. Financially, Austral generated $25 million in cash receipts from copper cathode, with a net operating cash inflow of $1.5 million. Post-quarter, Austral executed a DOCA to acquire the Rocklands copper mine and a non-binding MOU for the Lady Loretta mining lease, positioning itself for future growth. Despite the challenges, the company remains focused on increasing copper production and maintaining compliance with industry standards.