Metals Australia Ltd engages in the exploration and investment of mineral deposits in Australia. It primarily explores for zinc, gold, silver, uranium, lithium, graphite, and other base metals, as well as diamond, nickel, copper, and cobalt deposits. The company holds interests in the Manindi zinc project located in the Murchison District of Western Australia; and the Sherlock Bay extended base metal project situated in the Western Pilbara. It also owns a 100% interest in the Lac Rainy Nord Graphite and Lac du Marcheur Cobalt, as well as Lac La Motte, Lac La Corne, and Lacourciere-Darveau Lithium projects located in Quebec, Canada. The company is based in West Perth, Australia.