Post by EQ Resources Limited

🚀 EQR approves Mt Carbine Expansion Project EQ Resources Limited (ASX:EQR) is pleased to announce that the Board has approved the A$39 million Mt Carbine Expansion Project, a major step in the next phase of growth at our Mt Carbine Tungsten Mine in Far North Queensland. Highlights include: 🔹 Expansion expected to be fully commissioned in Q3 FY2027 🔹 Crushing capacity designed to increase from ~1Mtpa to ~2Mtpa 🔹 Integrated crushing, screening, ore sorting and materials handling to reduce excessive handling and improve efficiency 🔹 Expected initial targeted production increase of 500 tonnes WO₃ per annum based on processing the low-grade stockpile 🔹 Additional production potential from Mt Carbine resource conversion, Wolfram Camp and other regional feed sources 🔹 Supports EQR’s regional hub-and-spoke strategy, positioning Mt Carbine as the central processing hub within a broader tungsten basin As Managing Director Craig Bradshaw said: “This Project is an important step in solidifying the position of Mt Carbine as a strong, resilient and strategically important tungsten producer.” With the world desperately short of tungsten concentrate supply, the Project supports EQR’s focus on disciplined growth, safe delivery and building a secure, reliable and traceable Western tungsten platform across Australia and Spain. 📄 ASX announcement: https://lnkd.in/gu47kudf #EQResources #EQR #MtCarbine #Tungsten #CriticalMinerals #ASXNews #MiningNews #QueenslandMining #SupplyChainSecurity #MiningIndustry