Queensland invests in Austral’s Rocklands copper facility refurbishment

The Government of Queensland has allocated A$15m ($10.62m) to assistance Austral Resources refurbish the Rocklands sulphide processing installation adjacent Cloncurry, Australia.

This funding, provided done the Queensland Investment Corporation (QIC), aims to reconstruct accumulation capabilities implicit the adjacent 2 years, with operations expected to resume by 2027.

The Rocklands Copper Mine, which was placed into attraction and attraction successful 2024, volition acquisition refurbishment to facilitate the restart of copper sulphide production.

The task is expected to make astir 250 jobs, contributing to the economical maturation of the North West Minerals Province.

Once operational, the refurbished installation is acceptable to nutrient up to 26,300t of copper annually, including processing further feedstock from different producers successful the region.

This inaugural is portion of the government's broader strategy to reinvigorate Queensland’s resources sector, which faced a play of diminution nether erstwhile administrations.

Queensland Treasurer and Minister for Energy David Janetzki said that the government's business-friendly attack aims to bring stableness and renewed investment, enhancing the prosperity of the state's mining industry.

Janetzki further added: “This concern is astir laying the groundwork for semipermanent copper accumulation that this assemblage tin trust connected and to guarantee Rocklands is acceptable for the aboriginal vigor demands Queensland faces.

“We are delivering caller concern to fortify our determination communities and make section jobs. “

The Rocklands facility, featuring a 3 cardinal tonne per annum sulphide plant, volition play a cardinal relation successful the state’s copper proviso concatenation erstwhile afloat operational.

Austral Resources president David Newling said: “This cornerstone committedness from QIC provides the assurance needed to advancement the refurbishment of Rocklands and presumption Austral arsenic a large determination copper producer.

“Rocklands tin play a important relation successful supplying the copper needed for Queensland’s vigor future.”

"Queensland invests successful Austral’s Rocklands copper installation refurbishment" was primitively created and published by Mining Technology, a GlobalData owned brand.

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