EQ Resources Shatters Tungsten Production Records
Company Announcements

EQ Resources Shatters Tungsten Production Records

EQ Resources Limited (AU:EQR) has released an update.

EQ Resources Ltd has achieved new production records at their Mt Carbine and Saloro tungrous operations, with Mt Carbine reaching 70.4 tonnes of 50% WO3 concentrate over a week and Saloro hitting approximately 50 tonnes. These milestones follow significant technological upgrades, including the implementation of new generation XRT sorters, which have improved throughput and recovery rates. Amidst rising tungsten prices, the company’s enhancements are timely, promising increased production capacity as the year progresses.

For further insights into AU:EQR stock, check out TipRanks’ Stock Analysis page.

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App