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Equatorial Resources Limited ( (AU:EQX) ) just unveiled an update.
Equatorial Resources Limited has experienced a delay in its international arbitration case against the Republic of Congo, with the final hearing now rescheduled to November 2025 in Washington, DC. This arbitration stems from disputes over the company’s investments in two iron ore projects in Congo. Meanwhile, Equatorial continues to advance its Nimba Alliance Iron Ore Project in Guinea, which shows promising high-grade iron mineralization and is strategically located near major iron ore projects. The company maintains a strong financial position, with substantial cash reserves to support its ongoing projects and legal proceedings.
More about Equatorial Resources Limited
Equatorial Resources Limited is a company operating in the resources sector, focusing on iron ore projects. It holds significant interests in the Nimba Alliance Iron Ore Project in Guinea, West Africa, and is involved in international arbitration concerning its investments in the Republic of Congo.
YTD Price Performance: -17.27%
Average Trading Volume: 116,201
Technical Sentiment Signal: Buy
Current Market Cap: A$11.96M
For detailed information about EQX stock, go to TipRanks’ Stock Analysis page.