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EQ Resources Limited (ASX:EQR)

ALERT: Price-sensitive ASX Announcement for EQR
Current share price for EQR : $0.285 0.237 (493.75%)+
Announcement
Release
31 Oct 2025 8:56AM
Price at Release
$0.048
Full Release
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Summary
EQ Resources Limited released their Quarterly Activities Report for the period ending 30 September 2025, highlighting a significant increase in the ammonium paratungstate (APT) price and strong demand for tungsten concentrate. The report details progress in their Barruecopardo and Mt Carbine operations, with notable improvements in processing and mining activities. Financially, EQR appointed Craig Bradshaw as Managing Director and secured over A$30 million in new funding. The report also outlines cash flow activities, including increased sales receipts and substantial financing activities to support expansion and operations. The company remains committed to sustainable mining practices and has continued engagements with governmental bodies for critical mineral projects.
Key Points
  • APT mid-price increased by 33% QoQ to US$615/mtu.
  • Strong customer demand for tungsten concentrate.
  • Barruecopardo operations mined 247,003 tonnes of ore at 0.155% WO3.
  • Mt Carbine operations prepared for 24/7 mining in Q2 FY2026.
  • EQR secured over A$30 million in new funding.
  • Cash receipts from sales increased by 16% to A$14.65 million.
  • Craig Bradshaw appointed as Managing Director.
  • Production targeted to support critical mineral supply chains.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.