EQR eq resources limited

In the event that Madeleine King's press release from last...

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    In the event that Madeleine King's press release from last Friday escaped some people's attention, I have lifted out the third paragraph below

    " The Declaration will support a joint study to help Australia meet its ambitions to develop value-added industries around critical minerals, from extraction, refinement and recycling, and to help Germany secure reliable supplies of critical minerals to underpin its manufacturing and recycling activities."

    The Queensland Govt are right behind the Mt Carbine project - for them it represents not only sustainable development, but increased employment in the FNQ region.
    The regional theme, involving Watershed and Wolfram Camp has been playing out for some time now with even mention of establishing a smelting operation for the downstream processing of tungsten concentrate into a higher priced value-added product.
    There is no question this is doable - its just a matter of time AND MONEY.

    The Federal Govts revised Critical Minerals Strategy will be released later this year (see below)

    " Minister King will later this year release Australia’s new Critical Minerals Strategy which will help grow the sector and reflect the important role critical minerals can play in Australia’s commitment to net zero emissions by 2050."

    You dont often get a chance to look into the crystal ball but to be honest you dont really need one to see the ducks lining up for both Qld Govt and Federal Govt financial support for the development of this critical resource - Mt Carbine.

    Madeleine Kings dual portfolio as Minister for Northen Australia also includes oversight of the Northern Australia Infrastructure Facility (NAIF) who literally spend $$$$BILLIONS across Nothern Australia every year in developing resources, infrastructure and jobs.

    EQR and the Mt Carbine resource are very well positioned to benefit from these Govt strategies and are definitely in their sights.
 
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