EQ Resources Ltd. is aiming for a secondary listing in the US, revealing plans to join either the NASDAQ or the New York Stock Exchange in 2027.
The ASX-listed company, which operates tungsten mining operations at Mt Carbine in Far North Queensland and Barruecopardo in Spain, said the decision follows a noticeable shift in its share register toward North American capital and expanding demand for secure supply chains.
Tungsten is designated a critical mineral across major economies including the US, Australia, Europe, and Japan.
The metal plays a vital role across key industrial and advanced technology sectors, with applications spanning artificial intelligence, defence, aerospace, electronics, and manufacturing.
EQ Resources aims to offer US institutional investors a low-cost, dual-jurisdiction production profile as Western governments and defence procurement agencies seek reliable, allied sources of strategic minerals.
Managing Director Craig Bradshaw said the proposed exchange move reflects a natural alignment between the company’s production asset footprint and US strategic priorities.
“Tungsten has become central to how the United States and its allies think about supply-chain security, and the interest we are now seeing from US investors and US customers makes that shift very tangible for EQ Resources,” Bradshaw said.
“Taking the company to a US exchange is, in large part, about following our shareholders and meeting that demand where it sits — while giving a multi-asset producing tungsten business the global audience that it caters to.”
EQ Resources has commenced preparatory work with specialist advisors covering exchange selection, governance, audit arrangements, and transaction structuring in line with US regulatory requirements.
The company confirmed its primary listing on the ASX, existing capital structure, and status remain unaffected in the near term.
The dual listing remains preliminary and non-binding, subject to exchange eligibility, regulatory approvals, and prevailing market conditions.
Shareholders should note there is no guarantee that a listing will proceed, or that it will complete on this timetable.
