This posted on EQR linkedin. Progress being made on a number of areas.
EQR’s Latest Interview – What You Need to Know!
EQ Resources Limited(ASX: EQR) recently sat down withSean SandilandsfromSTK Marketsto discuss our strong momentum towards profitability across our operations. If you want an inside look at the largest western producer of tungsten and our latest strategic moves, this is a must-watch!
Key Takeaways from the Interview:
CEOKevin MacNeillshares:
✅ Spain Operations: How operational improvements are boosting recoveries and cash flow.
✅ Mt Carbine’s High-Grade Drilling Results: What it means for long-term profitability.
Chair & Non-Executive DirectorOliver Kleinhempeldiscusses:
✅ China’s Tungsten Restrictions: What this means for the global market and EQR.
✅ Advance Payments from Clients: Reinforcing EQR’s strong market position.
✅ TMG Acquisition Update: A game-changer in the tungsten supply chain.
Why This Matters:
With strong market fundamentals and global geopolitical shifts, EQR is rapidly expanding its tungsten assets at Mt Carbine (Australia), Barruecopardo (Spain), and soon a ferrotungsten refinery in Vietnam. Our vertically integrated approach positions us as a key supplier of tungsten—one of the world’s most critical industrial metals.
Operational Updates at a Glance:
Mt Carbine (Aus): 20% increase in tungsten concentrate production in Q3 2024, plus underground expansion plans.
Saloro (Spain): Consecutive record-breaking production months with enhanced ore sorting technology.
TMG Acquisition: On track, aligning perfectly with China’s latest market restrictions.
EQR is a Western powerhouse, strengthening global tungsten supply chains at a pivotal moment.
the interview link below
https://lnkd.in/dvSJAdGt
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