An announcement from Elementos Limited ( (AU:ELT) ) is now available.
Elementos Limited has entered into an Industrial Testwork Partnership Agreement with Atlantic Copper to enhance tin production and recovery at the Oropesa Tin Project in Spain. This collaboration aims to evaluate the potential of smelting tin concentrate into metal products at Atlantic Copper’s facility, potentially increasing metallurgical recoveries and reducing waste. The agreement underscores the strategic significance of the Oropesa project in providing a domestic supply of critical minerals within the EU, aligning with Elementos’ goal to become an independent mine-to-metal supplier in the region.
More about Elementos Limited
Elementos Limited operates in the mining industry, focusing on the development and production of tin. The company is primarily engaged in advancing the Oropesa Tin Project in Spain, which is one of the highest-grade undeveloped open-cut tin deposits globally and the only tin mine being actively developed within the European Union. Elementos aims to establish itself as a key supplier of tin within the EU, leveraging Spain’s infrastructure and strategic location.
YTD Price Performance: -30.0%
Average Trading Volume: 28,000
Technical Sentiment Consensus Rating: Strong Buy
Current Market Cap: $8.41M
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