The pre-recorded show will be broadcast at drive-ins across North America later this month.
The hotly-anticipated 'S&M2' is set for release in a variety of formats on August 28.
The footage from the latest in the 'Metallica Mondays' video series was originally captured on drummer Lars Ulrich's camcorder.
‘Ride The Lightning’ injected a new sense of excitement into the stagnant scene of the early 80s and changed thrash metal forever.
The band’s upcoming live album and documentary, S&M² is scheduled to hit stores on August 28.
The Melbourne show is the 13th stream in the 'Metallica Mondays' series which kicked off back in March just as lockdown measures were being put in place.
The show is the latest in the band's on-going series of 'Metallica Mondays' archival trawls.
The latest vintage show to stream, recorded at The Metro in Chicago in 1983, was part of the band's first ever US tour, supporting Raven.
A song about the destruction of the environment, 'Blackened' originally featured on the band's 1988 album '...And Justice For All.'
Charities set to benefit include Feeding America, which partners with food banks around the US and Crew Nation, Live Nation's initiative to provide relief to touring and venue crews.
Lars Ulrich says, “I can tell you that all four of us are really excited about what that could look like."
Both titles are set for release through Craft Recordings on 5 June.
The band said, "How about we dive back into a few of our favourite shows at a socially responsible distance?"
The band say members will be able to get their hands on “rare cuts, demos, rough mixes and live rarities."
The band’s All Within My Hands Foundation & American Association Of Community Colleges will distribute $1.5 million To 15 US schools.