Anax Metals Limited
AASX:ANX0.03
AUD
+0.00
(+6.45%)
ISIN
AU0000111114
Return %
Stock
S&P 500
1Y
200.00
14.20
3Y
-5.71
81.12
5Y
-70.00
68.34
Capital Structure
AUD
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in mil. unless spec.Working Capital
AUD
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in mil. unless spec.Growth Rates
AUD
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in mil. unless spec.Semi-annual Revenue
AUD
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in mil. unless spec.Semi-annual Earnings Per Share
AUD
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in mil. unless spec.Semi-annual Dividends Per Share
AUD
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in mil. unless spec.Company Description
- CEO
- Geoffrey Laing
- Full Time Employees
- 7
- Sector
- Non-energy minerals
- Industry
- Other metals/Minerals
- Address
- 20 Kings Park Road West Perth WA Australia 6005
- IPO Date
- Jun 15, 2004
- Website
- anaxmetals.com.au
- Similar Companies
- Business
- Anax Metals Limited is actively involved in the exploration, evaluation, and development of mineral assets across Australia. The company focuses on discovering and preparing deposits of key base metals and battery minerals, including copper, zinc, lead, gold, silver, lithium, nickel, cobalt, platinum, and rare earth elements. Its primary operational focus is the Whim Creek Copper-Zinc Project, located in Western Australia's Central Pilbara region, where Anax holds an 80% interest. Recent efforts at Whim Creek include the completion of a Definitive Feasibility Study in April 2023, which outlined a technically sound polymetallic project, with updated economics in May 2024 showing significantly enhanced financial returns driven by stronger copper prices. The company has successfully secured a $103 million strategic investment and funding package from Mineral Development Partners in May 2025, which is earmarked to accelerate the Whim Creek project's restart, including establishing a new concentrator and upgrading existing heap leach facilities. Anax is strategically positioning Whim Creek as a central processing hub for base metals within the Pilbara, aiming to consolidate and process various regional deposits. Beyond its flagship project, Anax also manages the Mount Short project in Western Australia, where a farm-in and joint venture agreement was established with Woomera Mining Limited in August 2023 to advance exploration for lithium and other minerals. Additionally, the Loudens Patch project, also in the Pilbara, continues to be explored for gold and lithium potential. The company, initially incorporated in 2003 as Aurora Minerals Limited, adopted the name Anax Metals Limited in September 2020 and is headquartered in West Perth, Australia.