Feb 3 (Reuters) - Austral Resources Australia Ltd (AR1) :
- OFFTAKE AND PREPAYMENT AGREEMENT SECURED WITH GLENCORE FOR 40,000T OF COPPER CATHODE
- IS ON SCHEDULE TO COMMENCE COPPER CATHODE PRODUCTION AT ANTHILL FROM MID-2022 FOR NEXT FOUR YEARS
- AGREEMENT WITH A$21M PREPAYMENT FACILITY
- A$21M PREPAYMENT ALLOWS AUSTRAL TO IMMEDIATELY EXPEDITE EXPLORATION AND DEVELOPMENT ACTIVITIES THROUGH 2022
News: AR1 Austral Resources Australia Says Offtake And Prepayment Agreement Secured With Glencore
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