Eq Resources Limited · ASX:EQR
Eq Resources — 2025 Noosa Mining Conference
10 slides from Eq Resources's conference presentation, Jul 24, 2025
Slide 1: EQ Resources Limited: A globally significant tungsten producer
Download This Presentation: EQ RESOURCES LIMITED A globally significant tungsten producer ASX : EQR 2025 Noosa Mining Conference
Slide 2: Disclaimer
Disclaimer Competent Person's Statement • The information in this presentation partly relates to the outcomes of the Mt Carbine Bankable Feasibility Study Update (May 2023), made available through the Company’s website www.eqresources.com.au/. • The Company confirms that it is not aware of any new i
Slide 3: Tungsten market overview
Tungsten market overview Tungsten has been classified as a critical mineral by the US, European Union, Australia and others. Fastmarkets APT Rotterdam High Price (US$/ mtu) • Global Tungsten reserves are 3.7 mt with an annual production of 79kt WO3. • Restricted1 countries hold 63% of global reserve
Slide 4: Tungsten Uses
Tungsten Uses Tungsten’ exceptional hardness, high melting point and density makes it difficult to be effectively substituted. 2024 End-Use Sectors: Source: ITIA – Tungsten End-Use Analysis (2024), Demand distribution and Growth Contributors 4
Slide 5: EQ Resources
EQ Resources A global tungsten producer with expandable operating mines in Australia and Spain. Key Information 2025 Calendar Year Share Price Market Capitalisation A$108 m1 Share Price A$0.0381 Securities on issue 2.8bn (481.8m options) Top 20 Shareholders >60% A$24.6m raised in 2025 used to reduce
Slide 6: Saloro (Spain)
Saloro (Spain) Europe’s largest tungsten mine, with outstanding ESG credentials, additional ramp-potential and regional exploration upside. Tungsten Cluster - Spain Resource Tonnes Grade WO3 Orebody Classification (Mt) (% WO3) (mtu) Measured 8.82 0.19 1,659,959 In-Situ Indicated 10.27 0.18 1,799,757
Slide 7: Mt Carbine (Australia)
Mt Carbine (Australia) Mt Carbine Mine Is Australia’s Leading Tungsten Mine and Is Consistently Exporting Concentrate to Global Consumers. Tungsten Cluster - Australia Resource Tonnes Grade WO3 & Processing Plants Mt Carbine Open Pit Orebody Classification (Mt) (% WO3) (mtu) Indicated 10.13 0.075% 7
Slide 8: Significant opportunity to leverage our position
Significant opportunity to leverage our position Tungsten Cluster - Australia Case study MASAN HIGH-TECH MATERIALS: Strategic Collaboration on commercial and technical basis (Masan currently 100% offtaker of Australian production of EQR) Joint development projects initiated for production enhanc
Slide 9: Why invest in us?
Why invest in us? • Two significant expandable operating mines in known tungsten rich regions. Barruecopardo Open Pit • Strong market outlook supported by uses of tungsten and geopolitical tension. • Secured offtakes at spot pricing with shipments to leading US, European and Asian customers. & Proce
Slide 10: Follow us on
Investor Relations: Peter Taylor NWR Communications T: +61 412 036 231 E: peter@nwrcommunications.com.au Registered Office: Mt Carbine Office: Suits 2, Level 11, 385 Bourke Street 6888 Mulligan Highway, Melbourne, VIC 3000 Mt Carbine Qld 4871 Australia PO Box 1496, Mareeba Qld 4880 E: info@eqresourc