Australia's EQ Resources jumps on potential funding for North Queensland project

EQ Resources

27/06/2025 01:57

** EQ Resources EQR.AX jumps as much as 13.5% to A$0.042, highest since May 16; set for second session of gains

** Tungsten miner gets letter of interest from the Export-Import Bank of the United States (EXIM) to support the Mt Carbine project in North Queensland

** EXIM to consider 10-year debt facility of up to $34 million for project expansion

** EQR last up 1.4%, cuts YTD losses to ~10%

 (Reporting by John Biju in Bengaluru)

 ((John.Biju@thomsonreuters.com;))