Cash splash for Mt Carbine

EQ Resources has secured funding for its planned expansion of the Mount Carbine tungsten mine in Far North Queensland, from joint venture and offtake partner Cronimet and director Zhui Pei Yeo.

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Mt Carbine in Queensland's far north.

Having already secured a $4.8 million supplier finance facility from Sandvik and a $6 million grant from the federal government, EQR has $16.