EQ Resources (ASX:EQR) logged a record monthly tungsten production at its Mt Carbine and Saloro operations in August, according to a Friday filing with the Australian bourse.
The company produced 9,040 metric ton units at Mt Carbine in Queensland last month. It also logged a monthly production record of 9,018 metric ton units at Saloro in Spain.
This brought the company's total tungsten output growth to 31% in August, compared to the average monthly output recorded in the fourth fiscal quarter of 2024.
EQ Resources' shares were up nearly 10% in recent trade.
Price (AUD): $0.05, Change: $+0.0040, Percent Change: +9.52%
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
Comments