Australian tin explorer Elementos (ASX: ELT) has announced that its Oropesa project in Spain has been granted an ‘Overriding Public Interest’ classification, supporting the permitting process.
Elementos Managing Director Joe David said this “marks a significant milestone for the Oropesa Tin Project and further strengthens the strong support from the Government of Andalucia.”
The status awarded by the Regional Government of Andalucia recognises that the project delivers material environmental, economic, and social benefits to the sustainable development of the region.
This supports a clearer pathway for project approvals, specifically related to water licences and water-related utilities, according to the company.
Water access is a key part of the project’s permitting pathway. EU regulations require companies to demonstrate a public interest rationale alongside technical and environmental considerations for licensing. The public interest classification fulfils the first part of these requirements.
The company is working towards final project approvals, financing, and development work ahead of a final investment decision following the April 2025 definitive feasibility study.
The Andalucian Minister for Industry, Energy and Mining Jorge Paradela, who addressed the International Tin Conference in Seville last month, said that the ministry anticipates granting Oropesa’s permits “by the end of the year or in the first half of 2027”.
Our view: ITA is pleased to see continued strong support for the tin project from the Andalucian government. With Europe 66% reliant on refined tin imports in 2025, Elementos’ vertically integrated tin project is set to support the region’s tin demand and help insulate the region from global supply disruptions.
Elementos is a member of ITA’s Explorers & Developers Group.
