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Elementos Limited Advances Oropesa Tin Project with Strategic Developments

Story Highlights
  • Elementos Limited progresses its Oropesa Tin Project with key developments and strategic partnerships.
  • The company secures investment and strengthens its board, enhancing its operational and financial position.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Elementos Limited Advances Oropesa Tin Project with Strategic Developments

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Elementos Limited ( (AU:ELT) ) has shared an update.

Elementos Limited has made significant progress in advancing its Oropesa Tin Project in Spain, with the submission of key license documentation and the completion of a Definitive Feasibility Study confirming the project’s viability. The company has declared a Maiden Ore Reserve Estimate and is conducting metallurgical testwork with Atlantic Copper. Additionally, Elementos has secured a strategic investment from Metals X and appointed new directors, while also repaying a facility to its Chairman and establishing a new financial facility.

The most recent analyst rating on (AU:ELT) stock is a Buy with a A$0.30 price target. To see the full list of analyst forecasts on Elementos Limited stock, see the AU:ELT Stock Forecast page.

More about Elementos Limited

Elementos Limited is a company focused on advancing tin assets in the mining industry, particularly in Andalucía, Spain, and Tasmania, Australia. The company is primarily engaged in developing the Oropesa Tin Project in Spain and aims to restart the Cleveland Tin Mine in Tasmania. Elementos is working towards a vertically integrated tin supply chain within the European Union, with strategic initiatives including acquiring a stake in the Robledallano Tin Smelter and partnering with Atlantic Copper.

Average Trading Volume: 245,522

Technical Sentiment Signal: Buy

Current Market Cap: A$39.84M

Find detailed analytics on ELT stock on TipRanks’ Stock Analysis page.

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