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EQ Resources (ASX: EQR) — Company Overview, News & Financial Data

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Company profile

EQ Resources

EQ Resources is an Australian mineral exploration and mining company focused on the production and development of critical minerals, primarily tungsten. The company operates two major tungsten mining assets: the Mt Carbine Tungsten Mine located in Far North Queensland, Australia, and the Barruecopardo Tungsten Mine located in the Salamanca Province, Spain. Beyond primary tungsten extraction and processing, EQ Resources utilizes sensor-based ore sorting and advanced mineral processing technologies to process historic stockpiles and tailings. The company also produces quarry materials at its Mt Carbine site and holds exploration tenements for critical minerals in Queensland and New South Wales.

Snapshot

Public AUOwnership
2005Year founded
201–500Employees
Mount Carbine, AustraliaHead office
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Global footprint

Operations

Products and/or services of EQ Resources

  • Primary Tungsten Concentrate Production: Open-pit mining and high-grade tungsten concentrate extraction from primary hard-rock deposits in Far North Queensland, utilizing advanced processing plants, gravity separation circuits, and magnetic separation systems to supply international industrial off-takers.
  • European Tungsten Operations: Open-pit tungsten mining and processing operations in the Salamanca Province of Spain, producing high-grade wolframite concentrate via crushing, screening, and gravimetric separation facilities for European and global supply chains.
  • Waste Stockpile Processing & Ore Sorting: Re-processing historical low-grade waste dumps and tailings using sensor-based X-ray transmission ore sorting technology to economically recover tungsten concentrate while minimizing environmental footprint and tailings storage requirements.
  • Quarry Products & Aggregates: Production and distribution of crushed stone, road base, drainage aggregates, and rock products generated from mine waste rock, supplying regional infrastructure, civil construction, and local government projects across Far North Queensland.
  • Critical Minerals Exploration: Geological survey, diamond drilling, and soil geochemistry programs across regional exploration permits in Eastern Australia, targeting expanded tungsten, molybdenum, copper, and precious metal resources to support long-term operational growth.
  • Tungsten Offtake & Logistics Solutions: Commercial marketing, export logistics, and long-term supply agreements delivering refined tungsten concentrate to international industrial chemical producers, heavy manufacturing clients, and technology manufacturers across global markets.

EQ Resources executive team

  • Mr. Craig Richard BradshawMD & Director
  • Mr. Jonathan KortChief Financial Officer
  • Mr. Kevin Bruce MacNeillHead of Operational Excellence
  • Mr. Evren OrenChief Operating Officer of Saloro S.L.U.
  • Alvaro SerranoChief Executive Officer of Saloro S.L.U.
  • Mr. Tony Di Pietro AGIA, B.Com, C.A., CPA, M.A.I.C.D.Senior Manager & Company Secretary