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Officials 'not excited' about new details in Malaysian missing plane

New developments in the search for missing Malaysian Airlines Flight 370.

An unidentified material has washed ashore in Southwestern Australia and is being examined for any link to the lost plane.

But officials say they are "not getting excited."
It's been nearly 7 weeks since Malaysian Airlines Flight 370 disappeared.

And today - a potential clue.
Searchers have found a long piece of metal with rivets on an Australian beach south of Perth near the city of Augusta.

Officials have called it an object of interest
"We have received the report but we have not received any verification, any confirmation that it is part of MH 370."

But a top Australian official said they do not considered this to be relevant to the search for the missing plane and said they are quote "not getting excited."

After weeks of sweeping searches  - nothing, not a single piece of debris, has been found at the bottom of the Indian Ocean.

The search has focused on a 12-mile diameter circle where the second black box ping was first detected.

So far, 80 percent of that search area has been covered but nothing has turned up.

The objects have been found on the coast of Australia, but so far, none of them have turned out to be from Flight 370.

"We are not going to abandon the search. We may well rethink the search, but we will not rest until we have done everything we can to solve this mystery."

The underwater search will likely end by the end of this week and then the big question is what's the next stage?
What new equipment will be used and who will pay for it?