Billionaire Andrew Forrest’s Buy up Sends ASX Mining Share Soaring

Australia's EQ Resources surges as billionaire Andrew Forrest takes 16. ...

Tungsten Miner Soars After Billionaire Forrest Takes 17% Stake

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Billionaire Andrew Forrest’s buy up sends ASX mining share soaring

This tungsten producer is hot property. The post Billionaire Andrew Forrest's buy up sends ASX mining share soaring appeared first on The Motley Fool Australia.

Twiggy backs in Aussie tungsten producer

Andrew Forrest has taken a major stake in tungsten producer EQ Resources as the mining magnate further extends his reach beyond iron ore and into critical minerals.

Andrew Forrest makes $190m bet on Queensland tungsten miner

The West Australian iron ore billionaire is now the largest shareholder in EQ Resources, one of the world’s major non-Chinese suppliers of the critical mineral.

Forrest backs tungsten play as supply squeeze intensifies

Image: Negro Elkha/Adobestock.com“You’ve got the rest of the world desperately short of material,” EQ Resources managing director Craig Bradshaw recently told Australian Mining. “People are even asking for quotes to put it on planes and fly it around the world because they’re so short of tungsten.” Bradshaw’s comments provide a timely backdrop to a major vote of confidence in Australia’s largest Western tungsten producer, with iron ore billionai…