By Digifin Pty Ltd · About this coverage
Key Points
- Cash on hand A$82.3m at 30 September 2026, up 192% quarter-on-quarter
- Quarterly production 51,233 mtu, up 81%; sales 49,715 mtu for A$158.8m revenue
- Average realised price US$2,248/mtu, subject to final assays and reconciliation
- Barruecopardo record 34,088 mtu; Mt Carbine 17,145 mtu for the quarter
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 (ASX:EQR) reported a production and financial update for the quarter ended 30 September 2026, citing higher tungsten output and what it describes as record quarterly revenue and cash generation.
Cash on hand was A$82.3 million at 30 September 2026, up 192% quarter-on-quarter. Consolidated production was 51,233 mtu, up 81% quarter-on-quarter and the second highest quarterly production on record. Consolidated sales were 49,715 mtu, generating revenue of A$158.8 million, up 101% quarter-on-quarter, at an average realised price of US$2,248 per mtu subject to final assays and reconciliation. Barruecopardo produced a record 34,088 mtu and sold 33,147 mtu at US$2,333 per mtu. Mt Carbine produced 17,145 mtu and sold 16,568 mtu at US$2,110 per mtu. The release does not provide quarterly cash flow, costs or earnings figures alongside the revenue and cash balances.
Source: EQ Resources Limited (ASX:EQR), 6 October 2026. Summary content supplied by Digifin Pty Ltd.
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