EPISODE · May 26, 2026 · 39 MIN
ASX Suspension to Nth Qld Copper Consolidator - David Newling, Chairman of Austral Resources (AR1)
from LEVRD · host Matt Michael
David Newling joins me on LEVRD to break down Austral Resources’ transformation from a suspended ASX stock into an emerging North Queensland copper consolidator.We get into:- The restructuring and turnaround of Austral- Acquiring Rocklands out of administration- The Lady Loretta deal with Glencore- Why Austral now controls both oxide and sulphide processing- The strategy to consolidate the Mt Isa copper region- Potential M&A and toll treatment opportunities- Restart plans for Rocklands- The relationship with Glencore and what it could becomeA deep dive into one of the more aggressive copper consolidation stories currently unfolding on the ASX.(0:00) PREVIEW(1:38) Interesting history(5:00) Mt Kelly, Rocklands, Lady Loretta(8:00) Mine life at Mt Kelly Oxide plant(14:00) Rocklands 3.0mtpa Sulphide plant(21:45) Flow of dirt between mills + M&A(32:28) Turning Rocklands back onLEVRD Partners Canetoad AI - Intuitive 3D drillhole visualisation for rapidASX due diligence https://www.canetoad.ai/#pricing NVLD Fitness Come get Crossfit ripped with me @nvldfitness on insta https://www.nvldfitness.com/ 0415126334 LEVRD Socials X ► https://x.com/mattmichaelOG Instagram ►https://www.instagram.com/levrdmatty/ Tiktok ►https://www.tiktok.com/@levrdmatty Facebook ►https://www.facebook.com/levrdtrading Linkedin ►https://www.linkedin.com/company/levrd/ This channel and all the audio/video content is prepared byLife of Mine Podcast Pty Ltd (trading as Levrd). Levrd is an Authorised Representative (AR 001318377) of 62 Consulting Pty Ltd (ABN 88 664 809 303),AFSL 548573. Any views are general in nature, or the opinion are ofLevrd. The audio/video contents are not personal financial or tax advice, this means they do not consider your objectives, financial situation or needs. Do not follow my trades, they are for entertainment purposesonly. CFDs are high risk; you can lose all capital rapidly. Mypast performance isn't reliable. I may be long/short in CFDs mentioned in the audio/video. FSG: https://levrd.live/pages/fsgThis material is not an offer, invitation or recommendationto acquire or dispose of any financial product including CFDs or to adopt any strategy. While believed reliable, the information may be incompleteor change without notice, it is provided for entertainment purposes only. Except for liability under statute that cannot be excluded,no representation or warranty of accuracy or completeness is given. No guarantee of returns or capital protection is given by 62Consulting, Levrd or their related parties.
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ASX Suspension to Nth Qld Copper Consolidator - David Newling, Chairman of Austral Resources (AR1)
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