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EQ Resources Limited (ASX:EQR)

ALERT: Price-sensitive ASX Announcement for EQR
Current share price for EQR : $0.385 0.345 (862.50%)+
Announcement
Release
4 Nov 2025 9:22AM
Price at Release
$0.040
Full Release
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Summary
EQ Resources Limited (EQR) announced a record monthly production at its Barruecopardo Mine in October 2025, achieving 12,006 mtu of contained WO3, surpassing the previous record from November 2024. This milestone reflects successful equipment upgrades and operational enhancements implemented since acquiring the mine in January 2024. Key factors contributing to this performance include increased throughput with significant rises in feed volumes, the commissioning of a new Tomra XRT ore sorter, and improved process optimization. The company emphasizes its commitment to continuous improvement in tungsten processing and aims to reinforce its position as a leading global tungsten producer. EQR's efforts have increased recovery rates significantly while enhancing plant availability. Future plans include installing additional equipment to further improve recovery and classification.
Key Points
  • Barruecopardo Mine achieved a new monthly production record of 12,006 mtu of contained WO3.
  • Record production was due to successful implementation of equipment upgrades and operational enhancements.
  • Increased throughput with significant rise in feed volumes.
  • Commissioning of a new Tomra XRT ore sorter operated at full design capacity.
  • Process optimization led to a 28% increase in crushing capacity.
  • Future plans include installing wet scalping screens and new shaking tables to enhance recovery and classification.
  • EQR aims to reinforce its position as a leading global tungsten producer.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.