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How EQ Resources Locked in €15M Refinancing and $678M Tungsten Sales Deal

10:12am on Tuesday 24th of February, 2026 AEDT Mining
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How EQ Resources Locked in €15M Refinancing and $678M Tungsten Sales Deal

10:12am on Tuesday 24th of February, 2026 AEDT
Key Points
  • €15 million three-year prepayment facility secured with Traxys Europe
  • Five-year marketing and distribution deal for 3,500 tonnes of WO3
  • Remaining €5 million debt repaid from operational cash flow
  • Agreement aligns debt repayment with tungsten production profile
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