EQR eq resources limited

Concentrate production ramp up

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    Now that we are in production ramp up, most of us will be focussed on the pace and level of the ramp and where we sit in terms of production by country.
    Below are the latest 2023 numbers for production by country (source: Investing News Network) - interestingly, with our newly announced July numbers of 110 tonnes of concentrate, we have already rocketted to 5th place.
    Clearly Kevin and team will have their own ramp up targets per mth they will be aiming for and also below are their BFS (Nov 2022) forecast production numbers we can use as a guide but its fair to say we can expect to see a pretty steep ramp up based on these BFS numbers.
    Note the 2026 numbers of 5738 or 478 per mth
    Currently in 2nd place is Vietnam with 400 per mth - can we get to 2nd place by year end ?
    If so, we would be the largest western producer on the list
    With USA legislation enacted in 2026 (?) prohibiting supply from foreign adversaries, our Mt Carbine tungsten project will be centre stage



    https://hotcopper.com.au/data/attachments/5485/5485737-7a4e347234236414f6f53cc1cea2ffdc.jpg

    https://hotcopper.com.au/data/attachments/5485/5485738-e05093fd9966c4b3e5cf5e982c7b306c.jpg

 
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