Elementos secures $29.5 million investment

Australian tin developer Elementos (ASX: ELT) has raised A$29.5 (approximately US$21 million) from Australian investor L1 Capital. This investment will make L1 Capital a 19.99% shareholder in the company. The funds will support advancement of the Oropesa tin project...

Elementos executes option to acquire half of Spanish smelter

Australian tin developer Elementos (ASX: ELT) has executed its option to acquire 50% of CRM’s Robledallano smelter in Spain for €3.625 million (approximately US$4.2 million). The deal locks in the company’s pathway to become Europe’s first vertically-integrated...

Metals X invests in Elementos

Tin mine developer Elementos (ASX: ELT) has announced an agreement with Australian tin miner Metals X (ASX: MLX) for the company to invest A$5 million in Elementos. The companies have agreed to a strategic private placement of A$5.0 million (approximately US$3.2...

Elementos’ DFS confirms strong economics for Oropesa tin project

Australian tin developer Elementos (ASX: ELT) has released a definitive feasibility study for its Oropesa tin project in Spain, confirming robust project economics and outlining a maiden ore reserve. Located in Andalucia, the Oropesa project is set to make the company...

Elementos partners with Atlantic Copper to upgrade Oropesa production

Tin developer Elementos has announced it is partnering with Atlantic Copper to test upgrading tin production and recovery from at the Oropesa tin deposit, Spain. Atlantic Copper, which is the largest industrial company in Andalucia, Spain, and a subsidiary of American...

New high-grade assays at Cleveland

Tin explorer Elementos (ASX: ELT) has intersected further un-targeted, high-grade tin and copper mineralisation during diamond drilling at Cleveland, Tasmania. The company, which last month reported similar un-targeted copper and gold mineralisation earlier in this...

Elementos to acquire interest in Spanish smelter

Tin explorer Elementos has agreed to acquire up to 50% of Iberian Smelting, which owns and operates the Robledallano smelter in Spain, for €3.2m over a five-year period. Currently, the major shareholder of Iberian Smelting is predominantly secondary refined tin and...

Oropesa licencing and DFS to resume

Elementos (ASX: ELT) plans to complete its Definitive Feasibility Study (DFS) for its Oropesa Tin Project, Spain, by the end of 2024 following support from the Andalucian Government for a modified project layout. The local government considering the company’s...

Australia classifies tin as a strategic material

The Australian Government has updated the country’s Critical Minerals List and has introduced a new Strategic Materials List, which includes tin. The minerals featured in the lists support Australia’s transition to net zero emissions, advanced manufacturing, defence...