EQ Resources Limited (AU:EQR) has released an update.
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EQ Resources Limited has secured a $3 million investment from Square Resources, a global commodity trader, through convertible notes. This partnership enhances EQR’s strategic expansion in tungsten and ferrotungsten production, aligning with their goal to become a significant player in these markets. The investment underscores the potential for further collaboration, leveraging Square Resources’ extensive networks across the Asian steelmaking industry.
For further insights into AU:EQR stock, check out TipRanks’ Stock Analysis page.