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Elementos Limited ( (AU:ELT) ) just unveiled an update.
Elementos Limited has announced the dispatch of an Offer Booklet for a non-renounceable entitlement offer, allowing eligible shareholders to purchase one new share for every thirty shares held. This initiative is part of their strategy to strengthen their financial position and capitalize on the growing demand for tin. The entitlement offer is open to shareholders in Australia and New Zealand, with a closing date of 17 December 2025. This move is expected to enhance Elementos’ capacity to meet the increasing global demand for tin, crucial for industries such as green energy and electric vehicles.
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 focused on the exploration, development, and production of tin projects globally. The company owns two significant tin projects with large resource bases and exploration potential in mining-friendly areas. With a strong management team, Elementos aims to address the anticipated tin supply shortfall driven by reduced productivity of major tin miners and increasing demand from sectors like electrification, green energy, and electric vehicles.
Average Trading Volume: 283,904
Technical Sentiment Signal: Buy
Current Market Cap: A$88.72M
See more data about ELT stock on TipRanks’ Stock Analysis page.