Queensland invests in Austral’s Rocklands copper facility refurbishment

Core Viewpoint - The Queensland Government has allocated A$15 million ($10.62 million) to refurbish the Rocklands sulphide processing facility, aiming to restore copper production capabilities by 2027 [1][2]. Group 1: Funding and Economic Impact - The funding is provided through the Queensland Investment Corporation (QIC) to support the refurbishment of the Rocklands Copper Mine, which has been in care and maintenance since 2024 [1]. - The project is expected to create approximately 250 jobs, contributing to the economic growth of the North West Minerals Province [2]. Group 2: Production Capacity and Strategic Importance - Once operational, the refurbished facility is projected to produce up to 26,300 tonnes of copper annually, including processing additional feedstock from other regional producers [2]. - The Rocklands facility, featuring a three million tonne per annum sulphide plant, will be central to Queensland's copper supply chain [4]. Group 3: Government and Company Statements - Queensland Treasurer David Janetzki emphasized the government's business-friendly approach to enhance stability and investment in the mining industry [3]. - Austral Resources chairman David Newling stated that the investment from QIC provides the necessary confidence to progress the refurbishment and position Austral as a major regional copper producer [4].