Altoro Metals Limited focuses on the acquisition, exploration, and development of mineral projects in Australia and Spain. The company explores for copper, gold, zinc, lead, and uranium deposits. Its flagship project is the Novales-Udias project located in the Basque-Cantabrian Basin. The company was formerly known as Variscan Mines Limited and changed its name to Altoro Metals Limited in July 2026. Altoro Metals Limited was incorporated in 1987 and is based in Perth, Australia.