EQ Resources Limited has appointed industry veteran Craig Bradshaw as Managing Director, marking a strategic leadership transition to drive growth in global tungsten mining.
- Craig Bradshaw appointed Managing Director effective 1 October 2025
- Bradshaw brings extensive tungsten industry leadership experience
- Oliver Kleinhempel steps down from Executive Chairman to focus on board role
- Remuneration includes $400,000 salary plus performance-based incentives
- Appointment supports EQ Resources’ growth and global expansion strategy
Leadership Transition at EQ Resources
EQ Resources Limited (ASX, EQR), a leading global tungsten mining company, has announced the appointment of Craig Bradshaw as its new Managing Director, effective 1 October 2025. This move marks a significant leadership transition as Oliver Kleinhempel steps down from his role as Executive Chairman to focus on his duties as Chairman of the board.
Bradshaw, who joined the EQ Resources board as a Non-Executive Director in May 2025, is a seasoned executive with deep expertise in the tungsten sector. His prior roles include CEO of Masan High-Tech Materials, operator of the Nui Tungsten and Phao Complex mines in Vietnam, and Managing Director of H.C. Starck Tungsten GmbH in Germany. His global experience spans operations in Australia, Spain, Vietnam, Germany, China, Canada, and beyond.
Strategic Growth and Industry Expertise
The appointment comes at a pivotal time as EQ Resources advances its growth phase, focusing on expanding its tungsten mining and processing operations in Australia and Spain. Bradshaw’s leadership is expected to bring operational excellence and strategic clarity, helping the company capitalize on the increasing global demand for tungsten; a critical mineral essential for new economy technologies.
Oliver Kleinhempel expressed confidence in Bradshaw’s ability to lead the company through this next chapter, highlighting his passion and strategic thinking as key assets. Bradshaw himself acknowledged the challenges ahead but emphasized the strong foundation EQ Resources has built, positioning it to become a globally significant player in tungsten mining.
Remuneration and Incentives
Bradshaw’s remuneration package includes a fixed annual salary of AUD 400,000 plus superannuation, alongside long-term incentive options subject to shareholder approval at the 2025 Annual General Meeting. These incentives align his interests with the company’s growth objectives and shareholder value creation.
The company’s focus on sustainable mining practices and advanced mineral processing technologies underpins its commitment to responsible resource development. With Bradshaw at the helm, EQ Resources aims to strengthen its position as a leading independent tungsten supplier outside China, meeting critical strategic mineral demand worldwide.
Bottom Line?
Craig Bradshaw’s appointment signals EQ Resources’ readiness to scale operations and meet rising global tungsten demand amid a competitive market landscape.
Questions in the middle?
- What specific operational targets will Bradshaw prioritize in his first year?
- How will shareholder approval of long-term incentives influence Bradshaw’s strategic decisions?
- What impact will this leadership change have on EQ Resources’ production timelines and cost structures?