EQ Resources Restarts High-Grade Mining at Spain’s Barruecopardo Tungsten Project


 

EQ Resources Limited (ASX: EQR) has resumed higher-grade mining operations at its flagship Barruecopardo tungsten mine in Spain, marking a significant milestone after successfully overcoming weather-related disruptions. The restart follows the removal of approximately 1.9 million cubic metres of water that accumulated during an extreme rainfall event, allowing access to one of the operation’s highest-grade ore zones.

Mining activities have recommenced in the southern pit, where around 1.2 million tonnes of ore grading 0.186% tungsten are expected to support improved production performance. The first production blast was completed on July 8, with initial ore delivered to the processing plant two days later, restoring normal mining operations.

Barruecopardo remains one of Europe’s key tungsten assets at a time when global demand for critical minerals continues to rise. Tungsten is widely used in defence, aerospace, automotive manufacturing, semiconductors, and industrial tooling due to its exceptional hardness and heat resistance.

The restart comes as Western countries seek to diversify critical mineral supply chains amid tightening global tungsten availability. China's export restrictions and limited non-Chinese production have strengthened demand for reliable alternative suppliers, positioning EQ Resources to benefit from favourable market conditions.

According to Managing Director Craig Bradshaw, restoring access to higher-grade ore supports the company's long-term production strategy while enhancing operational efficiency. EQ Resources also confirmed that its previously reported Mineral Resource and Ore Reserve estimates remain unchanged, providing confidence in the mine's future outlook.

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