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EQ Resources to take 10% stake in Nevada tungsten project JV with Elmet, Blue Moon

Source: reuters.com

M&A & RestructuringCommodities & Raw Materials

EQ Resources will acquire a 10% stake in a joint venture with Nasdaq-listed Elmet Group and Blue Moon Metals to restart the Springer tungsten project in Nevada. The transaction supports renewed tungsten production potential, though financial terms and project timing were not disclosed.

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mildly positive

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0.35

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ELMT0.50
MOON0.45

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