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Queensland welcomes record tungsten production

tungsten

EQ Resources (EQR) has welcomed record tungsten production in the March quarter from its Mount Carbine mine in Queensland despite recovering from cyclone Jasper.

Mt Carbine operation produced 507 tonnes of tungsten for the quarter, a 38 per cent jump on the previous quarter.

EQR credited the record concentrate production was achieved at Mount Carbine thanks to the further ramp-up of the operations in the mine’s open pit.

“Nearly 800,000 tonnes of material were extracted in the March quarter, and the crushing plant production increased to 80,000 tonnes per month for February and March,” the company said.

On the back of increasing mining and crushing rates, the company also ordered a fourth new generation TOMRA XRT ore sorter and has plans to upgrade its existing two XRT sorters currently working with the latest ejection modules and updated software.

EQR said the additional unit and respective upgrades will boost sorting capacity at Mount Carbine by more than 100 per cent.

In addition to its Mount Carbine mine in North Queensland, EQR also operates the Barruecopardo tungsten operations in the Salamanca Province of Spain.

“The benefits resulting from the continuous improvements of sensor-based sorting technologies to the bottom line at both Mt Carbine and Saloro are a game changer, and we are pleased having a strong technical team behind both our sorting operations,” EQR chief executive officer Kevin MacNeill said.

“Introducing the new generation XRT Sorters and software upgrades will allow EQR to maintain its position as the Western world’s leading independent producer of tungsten concentrates.”

“The timing is exceptionally good, as the global price of tungsten concentrate is firming. Traders in the key end-user markets report tight supply of tungsten concentrate, pushing prices modestly higher.

“EQR’s ambition is to build on its market-leading position as we ramp up to full production at both Mt Carbine and Barruecopardo.”

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