By Digifin Pty Ltd · About this coverage
Key Points
- August consolidated production 19,068 mtu, up 34% on July and the second highest production month on record
- Barruecopardo produced a record 12,719 mtu, up 32% on July; sales of 10,566 mtu earned A$35.2m
- Mt Carbine production 6,349 mtu, up 38% on July, with record revenue of A$19.9m
- Group average realised price US$2,269 per mtu, subject to final assays and reconciliation
About EQ Resources (ASX:EQR)
EQ Resources Limited is an ASX-listed tungsten mining company with its registered office in Brisbane. It owns and operates the Mt Carbine mine and processing operation in North Queensland and the Barruecopardo mine in the Salamanca province of Spain. Both operations produce tungsten concentrate for sale into international markets.
EQ Resources Limited (ASX:EQR) released a production, sales and revenue update for August 2026, reporting consolidated production of 19,068 metric tonne units (mtu) for the month, an increase of 34 per cent on July 2026 and what the company describes as the second highest monthly production on record, behind 20,838 mtu in September 2024. Consolidated sales volumes totalled 17,246 mtu and generated revenue of A$55.1 million, which EQ Resources describes as a second month in a row of record revenue, at an average realised price of US$2,269 per mtu. The company footnotes that realised prices are subject to final assays and reconciliation.
At Barruecopardo in the Salamanca province of Spain, production of 12,719 mtu was 32 per cent higher than July 2026 and is stated to be the highest monthly production on record for that operation. Sales volumes of 10,566 mtu generated A$35.2 million of revenue at an average realised price of US$2,368 per mtu. At Mt Carbine in North Queensland, production totalled 6,349 mtu, up 38 per cent on July 2026, with sales volumes of 6,680 mtu generating record revenue of A$19.9 million at an average realised price of US$2,113 per mtu. The two site revenue figures sum to the consolidated A$55.1 million. The update was released on the authority of the board by Managing Director Craig Bradshaw, and the announcement describes EQ Resources as a global tungsten producer with mining activities in Australia and Spain.
Source: EQ Resources Limited (ASX:EQR), 2 September 2026. Summary content supplied by Digifin Pty Ltd.
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