Eq Resources Limited · ASX:EQR
Eq Resources — IMARC 2025
15 slides from Eq Resources's conference presentation, Oct 22, 2025
Slide 1: EQ Resources Limited: A Globally Significant Critical Mineral Producer
Download This Presentation: EQ RESOURCES LIMITED A Globally Significant Critical Mineral Producer Two Operating Mines | Australia & Spain | Scaling for Growth IMARC 22 October 2025 ASX : EQR
Slide 2: Disclaimer: Competent Person's Statement
Disclaimer Competent Person's Statement • The information in this presentation relates to EQ Resources Ltd’s two principal operations — the Mt Carbine Tungsten Mine in Queensland, Australia, and the Barruecopardo Tungsten Mine in Salamanca, Spain — as well as to exploration and Mineral Resource work
Slide 3: Board and Management
Board and Management Establishing the right team for success Board of Directors Management Team Oliver Kleinhempel – Non Executive Chairman Craig Bradshaw - Managing Director • Non-executive Director - August 2019, Chair - April 2020. • Global tungsten industry leader; former CEO Masan High-Tech • E
Slide 4: Corporate Snapshot
Corporate Snapshot Share Price Options on Market Cap Recent Funding Issue $0.043 $157 Million +$40 Million ~480 Million EQR is advancing a sustainable tungsten platform as at as at Royalty/Equity/Debt- 22 October 2025 Options on Issue 22 October 2025 Equity in Q1FY2026 delivering reliable, scalable
Slide 5: Why Tungsten, Why Now
Why Tungsten, Why Now Right Metal, Right Timing, Right Team Critical & Strategic by Design Allied Policy Tailwinds Exceptional tungsten expertise Tungsten listed as critical and strategic by the EU, U.S, US$8.5 bn US – Australia Critical Minerals Framework EQR has extensive experience in developing,
Slide 6: Market Dynamics Driving Higher Prices
Market Dynamics Driving Higher Prices Ethical, sustainable supply chain positioned to capitalise on tightening markets and policy tailwinds. Deepening Structural Deficit Tight Market, Strengthening Prices Increased production in near term China controls 85%+ of global tungsten supply. APT pricing re
Slide 7: Flagship Operations / 'Hub & Spoke' Opportunities
Flagship Operations / 'Hub & Spoke' Opportunities EQR’s dual tungsten hubs in Australia and Spain form the backbone of a scalable Western supply platform Tier 1 Jurisdiction Producing Tungsten Assets, with Similar Characteristics: & Processing Plants Mt Carbine Open Pit Similar mineralogy: Both are
Slide 8: 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 7.68 0.18 1,380,549 Indicated 10.00 0.18 1,768,030 In-Situ
Slide 9: Saloro Turnaround Success Story
Saloro Turnaround Success Story Focus on XRT Ore Sorting & recovery enhancement / Long-term offtakes as funding opportunities • Saloro operations transitioned under EQR’s management in mid-January 2024, followed by a detailed metallurgical assessment throughout Q1 2024 to identify immediate Saloro 1
Slide 10: Mt Carbine (Aus): In Production, Expanding for Growth
Mt Carbine (Aus): In Production, Expanding for Growth Australia’s flagship tungsten mine — long-life asset advancing toward higher-grade production and underground expansion. Resource Tonnes Grade WO3 Tungsten Cluster - Australia Orebody Classification (Mt) (% WO3) (mtu) Indicated 10.13 0.08% 759,45
Slide 11: Mt Carbine Project Profile - Significant Resource Upside
Mt Carbine Project Profile - Significant Resource Upside Long-term Development Targets & High Reserve Conversion Potential Current Ore Reserves / Mine Planning covers only ~23% of the known Mineral “ Resource (JORC). 11
Slide 12: South wall stripping underway to unlock higher-grade insitu ore
South wall stripping underway to unlock higher-grade insitu ore Pic. 1: Resources Block Model showing an extract of the ore blocks in the ore body in the South-East below 335RL Eastern cutback). Colors represent the grade of the ore. • Pink for high grade (>0.2% WO3). • Blue for low grade. (>0.08% -
Slide 13: Value-add through Ecosystem Integration
Value-add through Ecosystem Integration EQR developed a vast network within the global tungsten ecosystem, establishing win-win-relationships • EQR management team specialises in Case study MASAN HIGH-TECH MATERIALS: development of mines and supply of ▪ Strategic Collaboration on commercial and tung
Slide 14: EQ Resources Value Proposition
EQ Resources Value Proposition Targeting to be the leading western integrated platform for tungsten raw materials Experienced Management Expandable Operations Strong market conditions • Building a management team with extensive • Two large scalable operations in Australia and • Tungsten prices conti
Slide 15: Contact
Corporate Contact: Investor Relations: Craig Bradshaw Peter Taylor Managing Director NWR Communications T: +61 437 027 223 T: +61 412 036 231 E: cbradshaw@eqresources.com.au E: peter@nwrcommunications.com.au Registered Office: Mt Carbine Office: Suite 2, Level 11, 385 Bourke Street 6888 Mulligan Hig