EQ Resources Limited (AU:EQR) has released an update.
EQ Resources Limited has entered a strategic multi-year offtake agreement with Elmet Technologies, a leading US tungsten manufacturer, to bolster the global tungsten supply chain and enhance raw material security. The deal includes Elmet’s initial investment of A$2 million and the intention to jointly pursue US Government funding opportunities. This collaboration aims to strengthen supply chains for critical materials and support Elmet’s mission-critical defense customers in the US.
For further insights into AU:EQR stock, check out TipRanks’ Stock Analysis page.
