Operating and Financial Review continued Process Control and Monitoring FY2025 also saw a step forward in digital process control. Real-time KPI monitoring tools were deployed across critical plant stages, providing operators with immediate visibility on recovery performance, throughput, and reagent dosing. This enabled faster decision-making and tighter operational control, particularly during periods of variable ore feed. The ability to dynamically respond to changes in feed grade and mineralogy reduced production volatility and underpinned steadier concentrate output. Workforce Development and Safety Alongside physical upgrades, Saloro invested heavily in workforce development. Structured training programs were introduced to standardise best practices across shifts, ensuring that operational improvements were embedded into daily routines and that knowledge transfer was seamless. This not only enhanced operator capability but also reduced variability between shifts, supporting more consistent plant performance. Safety remained a guiding principle throughout the improvement program. All upgrades were designed with operator access, manual handling, and monitoring improvements in mind. Examples included easier access points for jig and screen maintenance, safer handling systems for reagents, and the integration of additional monitoring equipment to reduce reliance on manual sampling. Collectively, these measures reinforced Saloro’s commitment to maintaining the highest safety standards while delivering operational excellence. Positioning for FY2026 Taken together, the FY2025 improvement and expansion program represented one of the most comprehensive plant optimisation efforts undertaken since operations commenced. Each initiative — from refurbished jigs and upgraded spirals, to sorter expansions and new fines recovery equipment — contributed to improved recoveries, higher throughput stability, and reduced downtime. Importantly, the installation of the third TOMRA Ore Sorter, in combination with the optimised Gravity Plant fines capacity, positions the plant to achieve a step-change in production capability in FY2026. With these upgrades in place, Saloro enters the new financial year with a strengthened processing platform capable of sustaining higher and more consistent tungsten output under a wider range of feed conditions. Picture above: The Falcon Concentrator prior to installation. Picture above: Feed control and process monitoring helped plant optimisation and recovery improvements at Saloro. 54 EQ Resources Limited Annual Report 2025
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