Eq Resources Limited · ASX:EQR
Eq Resources — IMARC 2023 Mining Spotlight
18 slides from Eq Resources's conference presentation, Nov 1, 2023
Slide 1: IMARC 2023: Mining Spotlight Presentation
EQ RESOURCES LIMITED Critical Mineral Producer : Stand M84 DOWNLOAD IMARC 2023: Mining Spotlight PRESENTATION Kevin MacNeill, CEO ASX : EQR November 1st 2023
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: A Globally Significant Tungsten Raw Materials Supplier
A Globally Significant Tungsten Raw Materials Supplier
Slide 4: Corporate Overview
Corporate Overview Key Statistics Share Price Performance Share Price A$0.07 per share 11 13 12 4 14 12-month range A$0.04 - A$0.088 per share 2 6 10 7 9 Shares on Issue 1.57B 8 3 5 Market Capitalisation A$106.74 million Top 20 Shareholders 58.8% (~10% Board/Management) 1 1 Feasibility Study Resourc
Slide 5: Tungsten Uses
Tungsten Uses Critical Alloy Element, Unsubstitutable in Many Applications Aviation Aerospace Automotive Heavy Heavy Tools & Machinery Industry Construction Medical Military EV Battery Green Science Micro Development Energy & Tech Electronics 5
Slide 6: Tungsten – A Material of Global Critical Significance
Tungsten – A Material of Global Critical Significance Supply Risk Economic Importance 6
Slide 7: Tungsten – A Material of Global Critical Significance
Tungsten – A Material of Global Critical Significance Tungsten is classified as a 'critical mineral’ by the US, UK, EU, Japan, South Korea, India and Australia: - Due to its economic importance - Supply dependency with >80% China market share - Inability to be substituted in many end-use application
Slide 8: Tungsten Market Overview
Tungsten Market Overview • Decades of continuously increasing dependency on China resulted in a market where today 90% of tungsten raw materials originate from China and other non-transparent or conflicted sources – including Russia, North-Korea and Central Africa • Contrary to the “disturbing” supp
Slide 9: Mt Carbine Flagship Project
Mt Carbine Flagship Project De-risked Mt Carbine Mine Is Australia’s Leading Tungsten Mine and Is Consistently Exporting Concentrate to Global Consumers Perfectly situated within a & Processing Plants Mt Carbine Open Pit Critical Minerals Hub (W, Sn) in Far North Queensland: Tungsten Cluster W aters
Slide 10: Solidly Developing Mt Carbine Economics Since 2021
Solidly Developing Mt Carbine Economics Since 2021 Continuous Value Generation Through Targeted Exploration, Value Engineering and Technology Deployment Comparison of Mt Carbine Project Economics (excl. Underground Feasibility Work) Parameter Unit Initial BFS BFS Pit Optimisation BFS Pit Optimisatio
Slide 11: Saloro as Latest Member of EQR Group: Barruecopardo
Saloro as Latest Member of EQR Group Europe’s Largest Tungsten Mine, With Outstanding ESG Credentials, Additional Ramp-Potential and Regional Exploration Upside Iberian Peninsula has historically been one of Processing Plant the leading Tungsten producing regions globally: World-class Tungsten Clust
Slide 12: EQR & Saloro’s Global Significance
EQR & Saloro’s Global Significance Arguably the two best producing tungsten assets today, with similar characteristics: – Both in Tier 1 jurisdictions – Similar mineralogy: Both are hosted in sheeted quartz – Complementary geology: Granite (Barruecopardo) and Metasediments (Mt Carbine) – Identical m
Slide 13: What We Care About
What We Care About Responsible and Sustainable Critical Mineral Production BENEFICIAL REUSE CORE VALUES 13
Slide 14: Recognition For Our Sustainability Efforts
Recognition For Our Sustainability Efforts Responsible and Sustainable Critical Mineral Production 14
Slide 15: Strategic Partners: Endorsement Through Funding & Grants
Strategic Partners Endorsement Through Funding & Grants Strong Support for Critical Minerals Projects in Australia Queensland METS Collaborative Projects Fund (METS Ignited) ASX Announcement 24 July 2020: Government Support for Mt Carbine Mine Waste Transformation Initiative Advanced Manufacturing G
Slide 16: Inflection Point of Value
Inflection Point of Value INCREASING MARKET CAP & NPV INCREASING SHARE PRICE 350 0,08 307 0,07 300 0,07 0,06 250 209 0,05 $AU Millions 0,05 $AUD 200 0,04 150 131 0,03 ~100 100 0,03 100 33% 0,02 50 50 20 24% 0,01 15% 0 0,00 01/07/2021 01/07/2022 03/07/2023 2021 2022 2023 2021 2022 2023 JULY yearly ✓.
Slide 17: A Globally Significant Tungsten Raw Materials Supplier
A Globally Significant Tungsten Raw Materials Supplier Established Australia’s largest primary tungsten producer, consistently accelerating production. Recent acquisition of WO3 Production Saloro (Barruecopardo Mine) makes EQR the largest western supplier of tungsten raw materials Secured Long-Term
Slide 18: Follow us on
Site Contact: Investor Relations: Kevin MacNeill Peter Taylor Chief Executive Officer NWR Communications T: +61 438 542 260 T: +61 412 036 231 E: kmacneill@eqresources.com.au E: peter@nwrcommunications.com.au Registered Office: Mt Carbine Office: Level 4, 100 Albert Road 6888 Mulligan Highway, South