This was from UK broker SP Angel from their morning notes. Hopefully we can get some European investors interested in our stock.Tungsten – prices continue to rise as Europe rampsup machine tool and military equipment manufacturing
- Tungsten concentrates WO3 65%min EXW China are CNY138-139,000/t (~US$19,000/t).
- Tungsten 88.5%min EXW China CNY202-203,000/t (US$28/t).
- China represents around 80% of global tungsten production with most APT processing except for the HC Stark plant in Germany, Plansee in the US and Wolfram Bergbau (Mittersill) in Austria
- The charts below highlight the tight market for tungsten.
EQRResources (EQR AU) A$0.53, Mkt cap A$99m
- EQR acquired Saloro’ Barruecopardo mine in Spain last year. The mine was formerly owned by Ormonde Mining in the UK.
- Barruecopardo is the West’s most recent tungsten mine and currently produces around 1,680tpa and is backed by Oaktree Capital which holds some 16% of EQR.
*An SPAngel mining analyst formerly built and commissioned the Los Santos tungstenmine in Spain. SP Angel formerly acted for Ormonde Mining and visited theBarruecopardo mine.
- Forums
- ASX - By Stock
- EQR
- Ann: Mt Carbine Hits Quarterly Production Record
Ann: Mt Carbine Hits Quarterly Production Record, page-58
-
- There are more pages in this discussion • 7 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add EQR (ASX) to my watchlist
|
|||||
Last
4.9¢ |
Change
0.005(11.4%) |
Mkt cap ! $101.1M |
Open | High | Low | Value | Volume |
4.6¢ | 4.9¢ | 4.6¢ | $19.28K | 404.7K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 84487 | 4.8¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
4.9¢ | 79814 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 84487 | 0.048 |
2 | 495718 | 0.046 |
1 | 22001 | 0.045 |
1 | 2275 | 0.044 |
1 | 23279 | 0.043 |
Price($) | Vol. | No. |
---|---|---|
0.049 | 79814 | 1 |
0.050 | 325000 | 2 |
0.060 | 17000 | 1 |
0.065 | 287904 | 1 |
0.066 | 50000 | 1 |
Last trade - 16.10pm 03/07/2024 (20 minute delay) ? |
Featured News
EQR (ASX) Chart |
The Watchlist
CCO
THE CALMER CO INTERNATIONAL LIMITED
Anthony Noble, CEO & MD
Anthony Noble
CEO & MD
Previous Video
Next Video
SPONSORED BY The Market Online