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Four Mile, Australia / Uranium

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Located in the Frome Basin in the far north of the state of South Australia, 600km north of the state capital, Adelaide.

Stage

Producing

Commodity

Uranium

Operator

Quasar Resources

Location

Australia

Royalty rate and type
1% NSR

Balance sheet classification
Royalty intangible

The Group has a 1% NSR royalty on the Four Mile which is operated by Quasar Resources Pty Ltd (‘Quasar’).

In 2025 it generated a portfolio contribution of $2.2m (2024: $1.4m).