Strategic Partner Cronimet Joins EQR Register
Filed with ASX · · 4 pages · English
Summary by 6ix AI
EQ Resources Limited has announced the acquisition of a joint venture interest from Cronimet in the Mt Carbine Tungsten Operation, simplifying their commercial structure. As part of the transaction, Eq Resources will issue new shares to Cronimet and assume all offtake obligations for tungsten concentrate. The agreement also allows Cronimet to enter a marketing partnership for future production from the Saloro project, pending certain conditions.
Written by 6ix AI from the company’s filing. How 6ix writes summaries
Earlier from EQ Resources
- Brownfield discovery at Ruby & Eastern Extension
- EQR acquires Tungsten Producer and Secures $25M Funding
- EQR Achieves Concentrate Production Record
- Quarterly Activities and Cash Flow Report June 2023
- EQR Awarded Permit for Historic Wolfram Camp Mine
Later from EQ Resources
- EQ Resources set to boost tungsten portfolio
- Quarterly Activities and Cash Flow Report September 2023
- EQR Receives Spanish Foreign Investment Approval
- FIRB Approval received for Oaktree Investment in EQR
- EQR Progressing on Saloro Acquisition & Placement Update
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