Metals Australia Limited is engaged in mineral exploration and investment. The Company is focused on exploration for uranium in Namibia, base metals in Western Australia and gold in the state of Victoria, Australia. Its segments are Western Australian Base Metal Projects and Namibian Uranium Projects. It holds prospecting licenses over two uranium prospects at Mile 72 (EPL 3308) and Engo Valley (EPL 3306) in the Republic of Namibia, southwestern Africa. It holds an interest in over two base metal projects in Western Australia. The Manindi Zinc Project is located approximately 500 kilometers northeast of Perth. The Sherlock Bay base metal joint venture project is located in the Pilbara region. In western Victoria, it holds two low impact exploration licenses: the St Arnaud South (EL5242) and Wedderburn (EL5243) projects. The Company focuses on exploration activities on the lac La Motte Lithium Project and Lac Rainy Nord Graphite Project, in Quebec, Canada.