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EQ Resources Breaks Tungsten Production Records Amid Strategic Expansion
9:45am on Friday 31st of January, 2025 AEDT
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Mining
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EQ Resources Breaks Tungsten Production Records Amid Strategic Expansion
9:45am on Friday 31st of January, 2025 AEDT
Key Points
Record quarterly tungsten concentrate production of 33,249 mtu at Saloro
Transition to owner-operated mining at Mt Carbine with 4% increase in tonnes mined
Secured A$7.9 million funding via share placement and convertible notes
Binding agreement to acquire Tungsten Metals Group Ltd and its ferrotungsten plant in Vietnam
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