EQR Secures Funding for Tungsten Mine Revival - TipRanks.com
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EQR Secures Funding for Tungsten Mine Revival - TipRanks.com

Oct 15, 2024

EQ Resources Limited (AU:EQR) has released an update.

EQ Resources Limited (EQR) has been awarded A$250,000 by the Queensland Government to conduct advanced XRT ore sorting trials at the historic Wolfram Camp tungsten mine, with the aim of improving efficiency and potentially restarting the site. This initiative is in line with the Queensland Government’s Critical Minerals Strategy and involves collaboration with Tomra Sorting Pty Ltd and The University of Queensland. EQR’s growth strategy includes redeveloping this site to drive economic growth, support local jobs, and contribute to the sustainable supply of critical minerals.

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