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Elementos Limited (ASX:ELT)

ALERT: Price-sensitive ASX Announcement for ELT
Current share price for ELT : $0.365 -0.045 (-10.98%)+
Announcement
Release
30 Jan 2026 11:10AM
Price at Release
$0.410
Full Release
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Summary
Elementos Limited, an Australian mining company, reported their activities for the quarter ending 31 December 2025, highlighting significant advancements in their tin projects in Andalucía, Spain and Tasmania, Australia. Throughout the quarter, Elementos successfully conducted capital raises amounting to approximately $9.1 million, bolstering their balance sheet to support ongoing and future operations. The company is advancing the Oropesa Tin Project in Spain, focusing on permitting and technical work, while also progressing their Cleveland Tin Project in Tasmania with significant improvements in tungsten mineralization. Elementos also executed agreements to secure strategic smelting options and collaborated with Atlantic Copper for industrial testwork. The company remains engaged with relevant authorities to further its projects, aiming to establish itself as a leading tin producer within the EU, supported by strong market conditions and strategic partnerships.
Key Points
  • Elementos Limited reported substantial progress in their Oropesa and Cleveland tin projects.
  • Capital raises totaling $9.1 million were completed in the December quarter.
  • The Oropesa Tin Project is advancing through permitting with the Andalucían authorities.
  • Cleveland Project showed improved tungsten mineralization and increased development potential.
  • Elementos secured smelting options with strategic partnerships, including Atlantic Copper.
  • The company aims to become the first vertically integrated tin producer in the EU.
  • Elementos ended January 2026 with over $12 million in cash to fund key activities.
  • Engagement with government and stakeholders is ongoing to support project advancement.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.