EQ Resources Ltd. shares surged after mining billionaire Andrew Forrest agreed to acquire a 16.8% stake in the Sydney-listed tungsten producer from Oaktree Capital Management LP, according to Bloomberg.
The deal gives Forrest a larger holding in the tungsten miner, whose stock rose on the news.
STOCKS | EQ Resources Shares Jump as Andrew Forrest Agrees to Buy 16.8% Stake
2026-07-20 01:41:43
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