EQ Resources Limited (AU:EQR) has released an update.
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EQ Resources Limited has proudly announced a significant boost to their innovation efforts with a $2.17 million R&D tax refund awarded for activities at the Mt Carbine Tungsten Mine. These funds are set to support the company’s ambitious expansion plans which include doubling the mine’s capacity and enhancing mineral processing operations in Australia. The government’s continued support underscores EQR’s role as a key player in the critical minerals sector, focusing on sustainable and innovative mining practices.
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