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ASX:EQR

9 stories mentioning ASX:EQR

Every FINWIRES story that references ASX:EQR, newest first.

Asia

EQ Resources to Acquire Queensland Project From Sunshine Metals; Shares Down 4%

EQ Resources (ASX:EQR) agreed to acquire the Hodgkinson project in Queensland from Sunshine Metals (ASX:SHN) for AU$250,000, according to a Tuesday filing with the Australian bourse.Consideration includes AU$100,000 cash payable to Sunshine Metals on the sale and purchase agreement execution, and AU$150,000 cash payable on completion, the filing said.The company will hold a 100% interest in the six project tenements upon completion, which is expected in or before August, per the filing.EQ Resources shares fell 4% in morning trade on Tuesday, while Sunshine Metals shares were down 6%.

ASX:EQRASX:SHN
Asia

EQ Resources Advances Queensland Tungsten Mine Expansion to Lift Output; Shares Up 7%

EQ Resources (ASX:EQR) approved progression of the Mt Carbine expansion project in Far North Queensland, advancing plans to lift processing capacity and expand infrastructure at its tungsten operation, according to a Wednesday Australian bourse filing.The project supports ongoing drilling programs focused on converting resources into reserves and identifying higher-grade ore zones, per the filing.The expansion centers on deploying upgraded crushing, screening, ore sorting, and integrated materials handling systems to boost efficiency, cut ore handling by up to eightfold, reduce diesel consumption, and lower operating costs per tonne, the filing said.A phased execution plan, supported by a AU$39 million Association for the Advancement of Cost Engineering International class 3 capital cost estimate, covers detailed engineering in the current year, followed by construction and commissioning from mid-year to early 2027, and full performance testing targeted for March 2027.Funding will be drawn from existing cash reserves and operating cash flows, the filing added.The company's shares rose around 7% in recent Wednesday trade.

ASX:EQR
Asia

ASX Most Active Stocks

Here are the five most actively traded big-cap stocks on the Australian Securities Exchange on Monday.Energy Resources of Australia (ASX:ERA): 28.5 million sharesCore Lithium (ASX:CXO): 19.2 million sharesArafura Rare Earths (ASX:ARU): 10.9 million sharesEQ Resources (ASX:EQR): 9.4 million sharesPredictive Discovery (ASX:PDI): 4.6 million shares

ASX 200ASX:ARUASX:CXOASX:EQRASX:ERAASX:PDI
Asia

ASX Midday Sector Update: Materials Stocks Lead Broad Market Gains

Materials stocks were leading gainers in midday trading on Friday, with a rise of 2.4%, as all other sectors were also in the green following a strong rally in the US and a decline in the price of Brent crude.Sector heavyweights BHP Group (ASX:BHP) and Rio Tinto (ASX:RIO) both advanced around 3%.EQ Resources (ASX:EQR) fell nearly 9% after saying it will not proceed with a proposed acquisition of Tungsten Metals Group following a review of strategic priorities.

ASX 200ASX:BHPASX:EQRASX:RIO
Asia

EQ Resources Abandons Tungsten Metals Group Acquisition After Review, Shares Fall 9%

EQ Resources (ASX:EQR) said it will not proceed with the proposed acquisition of Tungsten Metals Group and its subsidiaries after a review of strategic priorities, according to a Friday Australian bourse filing.EQ Resources' board determined that proceeding with the acquisition was not in the best interests of shareholders at this time, Managing Director Craig Bradshaw said.The firm plans to focus on increasing tungsten concentrate production from the Mt Carbine operation in Queensland and the Barruecopardo mine in Spain, as well as expanding its resource and reserve base through planned drilling programs.Its shares fell 9% in recent trading on Friday.

ASX:EQR
Asia

EQ Resources Posts Lower Group Tungsten Trioxide Production in Fiscal Q3; Shares Fall 3%

EQ Resources (ASX:EQR) produced 23,505 metric ton units (mtu) of tungsten trioxide and sold 23,592 mtu of tungsten trioxide in the third quarter ending March 31, according to a Tuesday filing with the Australian bourse.The company produced 36,710 mtu of tungsten trioxide for the quarter ended March 31, 2025, an earlier filing showed.The tungsten trioxide was sold at an average realized price of $1,004 per mtu during the quarter, the filing said.The company's shares fell 3% in recent Tuesday trade.

ASX:EQR
Asia

ASX Most Active Stocks

Here are the five most actively traded big-cap stocks on the Australian Securities Exchange on Monday.National Storage REIT (ASX:NSR): 129.6 million sharesEQ Resources (ASX:EQR): 24.7 million sharesArafura Rare Earths (ASX:ARU): 13.8 million sharesPLS Group (ASX:PLS): 8.4 million sharesLiontown Resources (ASX:LTR): 7.9 million shares

ASX 200ASX:ARUASX:EQRASX:LTRASX:NSRASX:PLS
Asia

EQ Resources Starts Drilling Program at Queensland Tungsten Mine; Shares Up 9%

EQ Resources (ASX:EQR) started a drilling program at its Mt Carbine tungsten mine in Queensland to target extensions to existing resources and reserve definitions, according to a Thursday filing with the Australian bourse.The current drill plan includes 28 holes for roughly 7,700 meters, the filing said.The program is expected to run for about four months, with assay results to be released progressively in the next three to six months, per the filing.Shares rose 9% in morning trade on Thursday.

ASX:EQR
Asia

Export Finance Australia, US Export-Import Bank Issue Letters of Up to $500 Million Each for Ardea's Western Australia Nickel Project

Export Finance Australia (EFA) and the US Export-Import Bank (EXIM) issued letters of support/interest of up to $500 million each for Ardea Resources' (ASX:ARL) Kalgoorlie nickel project in Western Australia after Australia's Minister for Resources and Northern Australia Madeleine King and the US Secretary of the Interior Doug Burgum agreed on priority critical minerals and rare earths projects under the two countries' bilateral Critical Minerals Framework, according to a Monday statement.The critical minerals include nickel, cobalt, gallium, magnesium, vanadium, and graphite.Other projects supported under the framework include Alcoa (ASX:AAI) Gallium recovery project in Western Australia, Arafura Rare Earths's (ASX:ARU) Nolans rare earths project in the Northern Territory, Astron's (ASX:ATR) Donald rare earths project in Victoria, Northern Minerals' (ASX:NTU) heavy rare earths project in Western Australia, VHM's (ASX:VHM) Goshen rare earths project in Victoria, and EQ Resources' (ASX:EQR) Mt Carbine tungsten project in Queensland.Ardea's shares were up over 2% in recent trading on Monday, while those of Astron rose nearly 1%. Shares of Alcoa fell 1%, Arafura fell 1%, VHM declined 5%, and those of EQ Resources decreased 9%.

ASX:AAIASX:ARLASX:ARUASX:ATRASX:EQRASX:NTUASX:VHM