EQ Resources Limited (EQR) is an ASX listed leading Western World tungsten mining and processing group dedicated to sustainable practices and resourcing the new economy with critical minerals. EQR focuses on expanding its world-class tungsten mine and processing assets at Mt Carbine in Far North Queensland.
EQR re-started processing in 2019; and now operates Barruecopardo in Salamanca Province, Spain. The latter is 100% owned asset of Saloro S.L.U., acquired by EQR in 2024. The Barruecopardo mina de wolframio is an open pit producing ~160k mtu pa in hi-quality scheelite concentrate, since modern restart in 2019.
Process improvements are boosting recoveries and revenues at both mines since last year. This continues apace with Sep 2024 month output rising 51% over JunQ2024 run-rate with more efficiencies and scale-up in train.
EQR also evaluates corporate, partnering and exploration opportunities such as Wolfram Camp in Qld and Gold exploration in NSW. It also seeks to leverage advanced mineral processing technology for non-optimised existing operations or unexploited resources across jurisdictions to position EQR as a leading global supplier of tungsten.
EQR_RR_PAC_04Oct2024F (pdf)
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