EQ Resources Limited Annual Report 2025

Processing Record Production and Operational Gains Over the course of FY2025, Saloro delivered its strongest operational performance on record, underpinned by consistent throughput and record concentrate production. In total, more than 1.44 million tonnes of ore were crushed across the year, averaging nearly 120,000 tonnes per month from 107,000 tonnes in FY2024. Ore sorting volumes tracked this trend, steadily rising from ~31,000 tonnes in July 2024 to a peak of almost 47,000 tonnes by June 2025 -a +52% increase year On Year-, illustrating the sustained efficiency of the front end of the circuit. 63.3% Highest monthly recovery achieved +52% increase Ore Sorter throughput YoY 1.45 million tonnes of ore crushed 0.9 million tonnes processed through the Gravity 119,000+ mtu produced FY2025 + 28% YoY Operating and Financial Review continued 48 EQ Resources Limited Annual Report 2025

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