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Elementos Limited Advances Oropesa Tin Project with Optimisation Study

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Elementos Limited Advances Oropesa Tin Project with Optimisation Study

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Elementos Limited ( (AU:ELT) ) just unveiled an update.

Elementos Limited has released a presentation on the Oropesa Tin Project, highlighting the completion of an Optimisation Study to assess the project’s technical and economic viability. The study, which is at a Scoping Study level of accuracy, indicates potential for development but acknowledges uncertainties regarding the conversion of Mineral Resources to Ore Reserves. The company is exploring funding options, including debt and equity, to support the project’s development, while also considering alternative strategies such as joint ventures or partial sales to manage funding liabilities.

More about Elementos Limited

Elementos Limited operates in the mining industry, focusing on the development and production of tin. The company is engaged in the Oropesa Tin Project, which aims to establish a mine-to-metal tin supply in Europe.

YTD Price Performance: -30.0%

Technical Sentiment Signal: Strong Buy

Current Market Cap: $11.92M

See more insights into ELT stock on TipRanks’ Stock Analysis page.

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