EQ Resources Reports Strong Quarterly Performance and Operational Advancements

An announcement from EQ Resources Limited ( (AU:EQR) ) is now available.

EQ Resources Limited reported a robust performance for the quarter ending March 31, 2025, with significant advancements in their Saloro and Mt Carbine operations. The company increased ore production and throughput efficiency, despite challenges such as wet-season conditions and supply disruptions. Saloro operations saw improvements in crushing-plant throughput and screening efficiency, while Mt Carbine achieved record blasting volumes and transitioned to an in-house drilling model. The company is also exploring funding options for plant upgrades to further enhance processing capacity, with potential implications for cost reduction and production scalability.

More about EQ Resources Limited

EQ Resources Limited operates in the mining industry, focusing on tungsten production. The company is involved in the extraction and processing of tungsten ore, with operations at Saloro and Mt Carbine. Their market focus includes optimizing production efficiency and expanding processing capabilities.

YTD Price Performance: 10.0%

Average Trading Volume: 2,405,990

Technical Sentiment Signal: Buy

Current Market Cap: A$103.8M

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