EQR eq resources limited

Ann: Strategic Collaboration agreed with Elmet Technologies, page-37

  1. 1,395 Posts.
    lightbulb Created with Sketch. 240

    Back to the Mining.com interview with Shae Russell
    https://mining.com.au/eq-resources-secures-strategic-tungsten-offtake-critical-metals-and-future-growth/

    At the 3:44 mark....
    SR. " Do you think there is any chance China could place export controls on tungsten ? "

    KM. ' We are holding our breath daily waiting for that announcement to happen which I believe is imminent. "

    With China having already placed export controls on antimony and widely expected to do likewise on tungsten, this could, at the extreme, place western consumption fairly and squarely at the feet of western producers, of which there are very few.
    As stated previously, the UK, USA and Canada have no currently producing tungsten mines - a little bit comes from a few smallish mines but EQR seems to be doing the majority of heavy lifting in terms of supply.

    This expected announcement from China is very likely to have a dramatic effect on the EQR share price - and, as Kevin stated, " it's imminent " as China are forecast to retain their own production for domestic regrowth purposes.

    Potentially a big plus for EQR shareholders

    Last edited by gopherbroke: 05/09/24
 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)
Last
3.8¢
Change
0.001(2.70%)
Mkt cap ! $107.9M
Open High Low Value Volume
3.7¢ 3.8¢ 3.7¢ $60.84K 1.635M

Buyers (Bids)

No. Vol. Price($)
4 816404 3.7¢
 

Sellers (Offers)

Price($) Vol. No.
3.8¢ 1622995 3
View Market Depth
Last trade - 16.10pm 25/07/2025 (20 minute delay) ?
EQR (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.