Austral Resources Australia (ASX:AR1) said it expects to produce 2,126 tonnes of copper for the March quarter of 2025, according to a Friday filing with the Australian bourse.
The copper producer said it also expects 217,323 kilotonnes of ore mined, with an average copper grade of 0.7% for the same period, the filing said.
The company also noted the delay in the execution of its previously disclosed capital raise of between AU$27 million and AU$35 million to repay its total secured debt of AU$78 million.