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EQ Resources (ASX:EQR) | Global Tungsten Producer

Montserrat

EQR - A Connected Tungsten Platform

Strategic Diversification and Market Positioning

🏭Elmet Technologies has diversified from incandescent light bulb filaments to defense (30% of sales), semiconductors, medical (20% of sales), industrial, and electronics industries, leveraging its extrusion and machine shop capabilities.

🔬The company maintains a fully integrated supply chain for molybdenum and tungsten products, with fine wire production being one of its most complex processes requiring consistent oxide powder feedstock and annealing.

Supply Chain Security and Government Partnerships

🤝Elmet has secured a long-term supply agreement with EQ Resources for concentrates and signed a long-term offtake arrangement to ensure supply security and planning for customers.

🏛️The company has partnered with the US government to expand production and secure domestic sources of critical raw materials like tungsten, receiving funding and support for these initiatives.

🔧Elmet Technologies produces hundreds of unique parts for thousands of customers, demonstrating its ability to adapt to diverse market needs across multiple industries.

🌐The company has jointly applied for a government grant with EQ Resources to support the development of a secure domestic tungsten supply chain, highlighting the importance of public-private partnerships in critical materials.

🎥EQ Resources - 1on1 Interviews (Episode #2 - Introduction of Elmet Technologies)