Record A$55m Revenue As Production Ramp Up Continues
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| Stock | EQ Resources Ltd (EQR.ASX) |
|---|---|
| Release Time | 2 Sep 2026, 8:30 a.m. |
| Price Sensitive | Yes |
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EQ Resources Ltd Reports Record A$55m Revenue
Key Points
- Consolidated production increased by 34% from July 2026 to 19,068 mtu
- August 2026 saw record revenue of A$55.1 million
- Mt Carbine recorded a new revenue high of A$19.9 million
- Average realized price per mtu was US$2,269
Full Summary
EQ Resources Ltd announced a significant increase in production and revenue for August 2026. Consolidated production reached 19,068 mtu, marking a 34% increase from July 2026. This surge in production led to record revenue of A$55.1 million, with an average realized price of US$2,269 per mtu. The Barruecopardo mine in Spain saw production rise by 32% to 12,719 mtu, generating A$35.2 million in revenue. Meanwhile, the Mt Carbine mine in Australia achieved a new revenue high of A$19.9 million, with production at 6,349 mtu, a 38% increase from the previous month.
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