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Resources
Tungsten , an alloy-hardening metal with the highest melting point and tensile strength of all pure metals , is considered a critical mineral due to its essential applications in advanced technologies , heavy industry , and defense .
“ Our flagship operational mines are the Barruecopardo Tungsten Mine located in the Salamanca Province of Western Spain and the Mount Carbine Tungsten Mine located in Far North Queensland , Australia .
“ In 2019 , EQR began reprocessing historic Mount Carbine tailings and low-grade ore stockpiles . By 2023 , the Mount Carbine operations were expanded to include mining high-grade ore from the Andy White Open Pit . Shortly thereafter , EQR strategically acquired leading tungsten producer , Saloro , successfully strengthening its relevance in the global tungsten industry .
“ Since acquiring the site in Spain , we have greatly improved key performance indicators ( KPIs ) including , but not limited to , doubling ore sorting capacity , increasing gravity plant feed grade , increasing throughput capacity and improving overall production output .”
By utilizing the most efficient , cuttingedge technologies , EQR is able to optimize outputs by extracting resources that were previously uneconomical or discarded as waste . This not only causes less damage to the area but also reflects the company ’ s broader commitment to sustainable practices . Kevin outlines the approach : “ We are committed to the development of natural resources by producing in a way that decouples economic growth from environmental degradation . We embrace circular economy principles and recycle and repurpose the byproducts from our Mount Carbine operation in our wholly owned and operated quarry . We also recognize the value of biodiversity and the importance of effective conservation and partner with conservation groups in both Australia and Spain .”
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