Macro Finance
Tungsten Miner’s Stock Jumps as Billionaire Forrest Buys Stake
Bloomberg Markets·July 20, 2026·1 min read
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. The deal boosted investor confidence in the tungsten miner, driving the stock price higher on the news.
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