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FINWIRES

EQ Resources Reports Record Revenue for July as Production Jumps 36% From June

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EQ Resources (ASX:EQR) reported July sales volumes of 14,756 metric tonne units (mtu) of tungsten, generating record revenue for the month of AU$51 million, according to a Wednesday filing with the Australian bourse.

Consolidated production was 14,255 mtu in July, up 36% from June and hitting the highest monthly level since November 2024, per the filing.

Production at the company's Barruecopardo mine in Spain reached 9,667 mtu in July, up 48% from the previous month, while output at Mt Carbine operations in Queensland increased 16% to 4,588 mtu in July from June.

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