Equatorial Resources Limited
AASX:EQX0.12
AUD
0.00
(0.00%)
ISIN
AU000000EQX3
Return %
Stock
S&P 500
1Y
-42.86
14.20
3Y
-11.11
81.12
5Y
-33.33
68.34
Capital Structure
AUD
•
in mil. unless spec.Working Capital
AUD
•
in mil. unless spec.Growth Rates
AUD
•
in mil. unless spec.Semi-annual Revenue
AUD
•
in mil. unless spec.Semi-annual Earnings Per Share
AUD
•
in mil. unless spec.Semi-annual Dividends Per Share
AUD
•
in mil. unless spec.Company Description
- CEO
- Gregory D. Swan
- Full Time Employees
- 15
- Sector
- Non-energy minerals
- Industry
- Steel
- Address
- BGC Centre Perth WA Australia 6000
- IPO Date
- May 14, 1987
- Website
- equatorialresources.com.au
- Similar Companies
- Business
- Equatorial Resources Limited is an ASX-listed iron ore exploration and development company focused on advancing mineral resource assets in Africa, primarily operating in the Republic of Congo and the Republic of Guinea. The company’s main products and services include exploration, development, and potential future mining of iron ore, with key projects such as the Badondo Iron Project in the Republic of Congo and the flagship Nimba Alliance Iron Ore Project in Guinea’s Nimba Iron Ore Corridor. Equatorial Resources targets high-grade iron ore deposits situated in geologically significant regions comparable to the Carajas System in South America. Founded in 1986 and headquartered in Perth, Australia, the company emphasizes sustainable mining practices, environmental stewardship, and positive community engagement. Recent major changes include the acquisition of the Nimba Alliance Iron Ore Project in Guinea, which significantly enhances its portfolio, and the advancement of exploration activities with positive initial exploration results reporting high iron content up to 66% Fe at their project sites. Equatorial Resources is also actively pursuing international arbitration related to the reinstatement of its Badondo exploration license in the Republic of Congo. The company maintains a strong financial position with significant cash reserves to support ongoing exploration, development, and arbitration activities, while also exploring new opportunities within the resources sector. Its strategic direction focuses on responsible resource development, sustainable growth, and expanding its mineral asset base in Central and West Africa. Equatorial Resources integrates Environmental, Social, and Governance (ESG) principles in its operations, ensuring responsible environmental management and fostering productive relations with local communities and governments. This commitment reinforces its position as a forward-looking mineral resources company dedicated to unlocking Africa’s vast mineral potential through sustainable and ethical practices. The company’s operational focus, portfolio expansion, and strategic arbitration efforts highlight its dynamic approach in the highly competitive iron ore exploration and development industry.