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How EQ Resources Achieved Record Tungsten Output and Strengthened Its Balance Sheet

9:36am on Wednesday 21st of January, 2026 AEDT Mining
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How EQ Resources Achieved Record Tungsten Output and Strengthened Its Balance Sheet

9:36am on Wednesday 21st of January, 2026 AEDT
Key Points
  • Record mining and processing volumes at Barruecopardo and Mt Carbine
  • A$34 million equity raising and Spanish debt refinancing improve liquidity
  • Strong tungsten prices sustained by global supply deficits
  • Positive cash flow generated at Barruecopardo offsets Mt Carbine development costs
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