Ann: Completion of Saloro Acquisition Progressing, page-15

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A Groundbreaking Step in Sustainable Raw Materials Management We at EQ Resources Limited extend our congratulations to the European Commission on reaching an agreement on the #CriticalRawMaterialsAct. This significant achievement under the Spanish Commission Presidency marks a pivotal moment in ensuring a secure and sustainable supply of critical raw materials.The inclusion of #Tungsten, rated with the highest #EconomicImportance, in the 34 critical and 17 #strategicrawmaterials list is a commendable move. It recognises the vital role this material plays in various industries and its importance in the European and global economy.As a company deeply invested in the responsible sourcing and processing of Tungsten, EQ Resources is enthusiastic about the new opportunities and frameworks this agreement presents. We are especially encouraged by the emphasis on diversifying imports and the focus on promoting technologies to moderate consumption.We applaud the collaborative efforts of the European Council, Parliament, and the Commission for their foresight and dedication to creating a more resilient and sustainable future. This is a bold step towards strengthening Europe’s strategic autonomy and transforming the raw materials sector.

Link to article:
https://www.consilium.europa.eu/en/press/press-releases/2023/11/13/council-and-parliament-strike-provisional-deal-to-reinforce-the-supply-of-critical-raw-materials/