Elementos Limited ( (AU:ELT) ) has shared an announcement.
Elementos Limited has made significant progress in advancing its tin projects, particularly the Oropesa Tin Project in Spain, which has demonstrated strong technical and economic viability through a recently released Definitive Feasibility Study. The company has signed an Industrial Testwork Partnership Agreement with Atlantic Copper to further develop its tin strategy. Additionally, Elementos has declared a Maiden Ore Reserve Estimate for Oropesa and is actively working on the Cleveland Project in Tasmania, where drilling has commenced to explore shallow copper, gold, and silver targets. These developments position Elementos to capitalize on the growing demand for tin in the electronics and green transition sectors.
More about Elementos Limited
Elementos Limited is a company focused on advancing two mature tin assets in Andalucía, Spain, and Tasmania, Australia. The company aims to address significant forecast deficits in the tin market, driven by global electronics demand and the need for green transition metals. Elementos is developing the Oropesa Tin Project in Spain and restarting the Cleveland Tin Mine in Australia, with a focus on creating a vertically integrated tin supply within the European Union.
YTD Price Performance: -30.0%
Technical Sentiment Signal: Strong Buy
Current Market Cap: $11.45M
Learn more about ELT stock on TipRanks’ Stock Analysis page.