EQ Resources signed MOU with Masan, page-11

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Exciting Partnership Announcement: EQ Resources, Cronimet Australia, and Masan High-Tech Materials

We're thrilled to have recently shared some important news with our community! As you may have already seen, EQ Resources, in partnership with our JV partner Cronimet Australia, has signed a Memorandum of Understanding (MOU) with Masan High-Tech Materials related to the #MtCarbineTungstenProject in Far North Queensland, Australia.

For those unfamiliar with Masan High-Tech Materials, they are a leading global integrated supplier of high-tech advanced materials, playing a critical role in driving global innovation across various key industries, such as electronics, chemical, automotive, aviation and aerospace, energy, and pharmaceuticals.

The MOU establishes a working relationship based on reciprocity and mutual benefit, with the parties exchanging knowledge and experiences around tungsten exploration, mining, and processing. Together, we will potentially assess new project opportunities and new product applications.

We believe this partnership with Masan High-Tech Materials is incredibly exciting for several reasons. Firstly, their expertise in advanced tungsten materials and strong global presence, with production facilities in Vietnam, Germany, Canada, and China, will help drive advancements in various sectors that rely on high-tech materials.

Secondly, the collaboration between EQ Resources, Cronimet Australia, and Masan High-Tech Materials will foster sustainable tungsten production and help meet the growing global demand for critical minerals.

This partnership also highlights the increasing cooperation between Australia and Germany on critical minerals, which will further strengthen the global supply chain and ensure the responsible and sustainable production of these essential resources.

We invite you to read the full press release to learn more about this significant partnership and the potential of the Mt Carbine Tungsten Project in Far North Queensland, Australia: https://lnkd.in/eUxrQa79

Let's continue to innovate together and shape the future of critical minerals production!