EQ Resources (EQR) is held by 9 ASX ETFs. Over the last 3 months it rose 31.7%: on $10,000, +$3167. We explain 4 big moves in that time.
About EQR
- SectorMaterials
- IndustryMaterials
- Size$2.3b
- Held by9 ETFs
- Big moves4 in 3M
Each dot is a move we explain. Tap one, or a row of Why it moved, to see what caused it.
Why it moved
- +10.9%15 Sep 2026· Contract
EQ Resources surged after announcing a binding agreement to form a joint venture for a US ammonium paratungstate (APT) processing plant, a strategically significant deal for its tungsten business.
- −12.5%2 Sep 2026· Sector Flow
EQR.AX fell sharply alongside a broad sell-off in the ASX Materials sector, with no company-specific announcement to explain the move.
- +17.5%5 Aug 2026· Operational
EQ Resources reported record monthly revenue of A$51 million for July 2026, driven by a surge in tungsten production, exceeding expectations.
- +37.3%20 Jul 2026· Stake Change
High-profile billionaire Andrew Forrest acquiring a 16.8% stake in EQ Resources from Oaktree triggered strong investor buying interest, driving the share price up 37%.
Held by 9 ETFs
Of every $10,000 in each fund, how much is in EQR today.
- RESMVANECK RARE EARTH AND STRATEGIC METALS X CHINA ETF$3043.04%
- ISOiShares S&P/ASX Small Ordinaries ETF$530.53%
- SSOSTATE STREET SPDR S&P/ASX SMALL ORDINARIES ETF$530.53%
- VSOVanguard MSCI Australian Small Companies Index ETF$250.25%
- QREBetaShares Australian Resources Sector ETF$220.22%
- EX20BetaShares Australian Ex-20 Portfolio Diversifier ETF$180.18%
- A200BetaShares Australia 200 ETF$6.540.07%
- A300Global X Australia 300 ETF$5.750.06%
- VASVanguard Australian Shares Index ETF$3.470.03%
Why did EQR rise 17.5% on 5 Aug 2026?
EQ Resources
EQ Resources reported record monthly revenue of A$51 million for July 2026, driven by a surge in tungsten production, exceeding expectations.
The company released an ASX announcement on August 5, 2026, titled 'EQR ACHIEVES RECORD REVENUE ON HIGHER PRODUCTION', and multiple articles confirm record A$51 million revenue from tungsten operations — directly explaining the 17.5% price jump on that date. The driver is a production/operational result, not a forward-looking guidance or earnings revision, so it fits 'operational_update' best.
General information only, not personal advice — prepared without regard to your objectives, financial situation or needs. Past performance is not indicative of future performance.
Evidence
News coverage
What it did to the 9 ETFs holding EQR
On $10,000 in each fund, at the weight it holds today