Eq Resources Limited · ASX:EQR
Eq Resources — Austex / AMEC Brisbane Resources Lunch (November 2024)
15 slides from Eq Resources's conference presentation, Nov 27, 2024
Slide 1: EQ Resources Limited - A Globally Significant Critical Mineral Producer
EQ RESOURCES LIMITED A Globally Significant Critical Mineral Producer Austex / AMEC Brisbane Resources Lunch Andrew Mooney, Chief Financial Officer ASX : EQR 27 November 2024
Slide 2: Disclaimer
Disclaimer • The material contained in this document is a presentation of general information about the Company's activities current as at the date of this presentation. It is provided in summary and does not purport to be complete. You should not rely upon it as advice for investment purposes, as i
Slide 3: Resources
RESOURCES resourcing the omy for a better tomorrow MT CARBINE TUNGSTEN MINE & QUARRYING OPERATIONS, AUSTRALIA WOLFRAM CAMP EPM, AUSTRALIA PE i BE ) TUNGSTEN MINE, SPAIN Largest Strong Large Economic Vertical Established De-Risked Secured Advanced Environment Circular Western Tungsten Resources + Int
Slide 4: Strategic Partners: Endorsement Through Funding & Grants
Strategic Partners Endorsement Through Funding & Grants Strong Support for Critical Minerals Projects in Australia Department of Resources Department of State Development and Infrastructure 4
Slide 5: EQR – World's Largest Western Tungsten Producer
EQR – World’s Largest Western Tungsten Producer Vertically Integrated Tungsten Production • EQ Resources (EQR) positions itself as a globally Tungsten Cluster - Australia significant, conflict-free critical mineral producer, leading the western tungsten market with vertically integrated TMG Ferrotun
Slide 6: Tungsten Uses
Tungsten Uses Critical Alloy Element, Without Substitute in Most Applications Aviation Aerospace Automotive Heavy Heavy Tools & Machinery Industry Construction Medical Military EV Battery Green Science Micro Development Energy & Tech Electronics 6
Slide 7: Tungsten - A Critical Metal
Tungsten - A Critical Metal EQR Is Unhedged, Provides Spot Price Exposure To a Tight Market EU: The Most Economically Important Critical Material Raw Materials EQR Consolidated Group Borate Niobium tWO3 Production Projections* Critical Graphite Scandium Non-critical PGMs Indium Beryllium 5,000 Targe
Slide 8: Mt Carbine (Australia)
Mt Carbine (Australia) Mt Carbine Mine Is Australia’s Leading Tungsten Mine and Is Consistently Exporting Concentrate to Global Consumers Mt Carbine Open Pit & Processing Plants W atershed Mt Carbine • Re-opened 2020; Life of Mine: 2030 Open Cut - 2032 on • >150 staff and contractors W olfram Camp s
Slide 9: Saloro (Spain)
Saloro (Spain) Europe’s Largest Tungsten Mine, With Outstanding ESG Credentials, Additional Ramp-Potential and Regional Exploration Upside Barruecopardo Open Pit • Discovered 1900 - Closed 1982 - Re-opened 2019 • 90 staff and 40 contractors • Acquired by EQ Resources in January 2024 • A$200 million
Slide 10: EQR Group WO3 Production – Update Q3 CY2024
EQR Group WO3 Production – Update Q3 CY2024 EQR Group – Recent Monthly Production EQR Monthly WO3 Production (1 mtu = 10kg WO3) 25,000 20,000 15,000 mtu 10,000 5,000 - Saloro Mt Carbine Production Output EQR Group (monthly average, in mtu) *1mtu = 10kg WO3 See ASX Announcement: “Quarterly Tungsten P
Slide 11: Summary Deal Terms - TMG Acquisition
Summary Deal Terms - TMG Acquisition • Acquisition Structure: EQR has executed a binding Heads of Agreement (HoA) to acquire 100% of the shares in Tungsten Metals Group Limited, and subsidiaries, including TMG Ferrotungsten Plant - Vietnam Mr. George Chen’s interest in Asia Tungsten Products Co Ltd,
Slide 12: TMG Acquisition - Strategic Rationale
TMG Acquisition - Strategic Rationale • Raw Materials Supply: The Vietnam facility is the largest tungsten smelter outside China. Prior success of the operations was limited by a lack of quality raw materials to produce FeW at scale. EQR resolves this by providing a stable supply chain from its tung
Slide 13: FeW Production & Applications
FeW Production & Applications 13
Slide 14: Corporate Update
Corporate Update Key Statistics Operations Update Share Price A$0.053 per share • Spain: October record production with recovery rates up to 65-70% Securities on Issue Shares 2.24B / Options 205m (previously 38%). Focus on increasing throughput rates with sorter’s performing well. Market Capitalisat
Slide 15: 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 Download This Presentation: E: kmacneill@eqresources.com.au E: peter@nwrcommunications.com.au Registered Office: Mt Carbine Office: Level 4, 100 Albert Road
EQ Resources — Austex / AMEC Brisbane Resources Lunch (November 2024) on 6ix