Introducing a new high-frequency screen for the shaking table feed had the most significant impact on the circuit’s performance, with classified feed positively influencing recovery rates. Additional improvements around the flotation circuit were also initiated, with expectations of further lifting recovery at the final product circuit, particularly within the cleaner shaking tables. These operational enhancements and strategic improvements have firmly positioned Saloro under EQ Resources’ stewardship for continued success and growth. 20,000 20,500 21,000 21,500 22,000 22,500 23,000 23,500 - 50,000 100,000 150,000 200,000 250,000 300,000 350,000 400,000 Q3 FY24 Q4 FY24 mtu Tonnes Saloro Mine Performance* Ore Extracted Tungsten Produced - Gravity Plant (mtu) 5,000 5,500 6,000 6,500 7,000 7,500 8,000 8,500 9,000 9,500 Jan-24 Feb-24 Mar-24 Apr-24 May-24 Jun-24 Jul-24 Aug-24 Saloro Monthly Tungsten Production (mtu)* * Reporting starting post acquisition January 2024 EQ Resources Limited Annual Report 2024 61
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