middle.news

EQ Resources Breaks Tungsten Production Records Amid Strategic Expansion

9:45am on Friday 31st of January, 2025 AEDT Mining
Read Story

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
Read Story
middle.

Tap to Read

Tap the card to read the full analysis
about Eq Resources (ASX:EQR)
OPEN ARTICLE