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Equatorial Resources’ Arbitration Hearing Against Congo Postponed

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Equatorial Resources’ Arbitration Hearing Against Congo Postponed

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Equatorial Resources Limited ( (AU:EQX) ) just unveiled an update.

Equatorial Resources Limited announced a postponement of its final arbitration hearing against the Republic of Congo, initially scheduled for March 2025, due to Congo’s failure to cover hearing expenses. The dispute, initiated in 2021, involves alleged unlawful actions by Congo affecting Equatorial’s iron ore investments, with the hearing now proposed for August or November 2025.

More about Equatorial Resources Limited

Equatorial Resources Limited is a company operating in the mining industry, focusing primarily on iron ore projects. The company is involved in investments in iron ore projects in the Republic of Congo, specifically the Badondo Iron Ore Project and the Mayoko-Moussondji Iron Ore Project.

YTD Price Performance: 13.64%

Average Trading Volume: 107,110

Technical Sentiment Consensus Rating: Strong Buy

Current Market Cap: A$16.43M

For an in-depth examination of EQX stock, go to TipRanks’ Stock Analysis page.

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