Copper producer Austral Resources Australia (ASX:AR1) has reported strong operational performance despite extreme wet-season conditions in Northwest Queensland.
The company confirmed that all personnel are safe and accounted for at its Lady Annie and Rocklands sites, with sufficient supplies maintained to sustain ongoing operations.
Austral's pre-wet season mitigation strategies, implemented annually from July 1, proved effective in safeguarding personnel, infrastructure, and production capacity during December rainfall exceeding 415mm.
The Lady Annie operation continued uninterrupted from a processing perspective, delivering above-budget copper output of 2,643 tonnes in Q4—exceeding both the company’s guidance of 2,610 tonnes and marking the highest monthly production since its 2023 restructure.