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Elementos Limited (ASX:ELT)

ALERT: Price-sensitive ASX Announcement for ELT
Current share price for ELT : $0.380 0.065 (20.63%)+
Announcement
Release
23 Jul 2026 11:59AM
Price at Release
$0.315
Full Release
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Summary
Elementos Limited is progressing its Oropesa Tin Project in Spain through key permitting, financing, and offtake milestones, with the project receiving an Overriding Public Interest classification from the Regional Government of Andalucía. The company is also developing its Cleveland Project in Tasmania, focusing on resource expansion and metallurgical testing. Financially, Elementos maintains a robust cash position with over $40 million, enabling continued project advancement and exploration opportunities. These efforts are aligned with supporting the EU's Critical Raw Materials Act through a vertically integrated mine-to-metal strategy.
Key Points
  • Elementos Limited is advancing its Oropesa Tin Project in Spain, with a focus on securing essential permits and financing.
  • The company received an Overriding Public Interest classification from the Regional Government of Andalucía for the Oropesa project.
  • Elementos is developing the Cleveland Project in Tasmania, which has a revised resource base including tin, copper, and tungsten.
  • Payments for exploration and evaluation activities in the Oropesa and Cleveland projects totaled $317,000 during the quarter.
  • Elementos completed a LiDAR survey and geotechnical assessment at the Cleveland tin mine.
  • The company maintains a strong cash position with over $40 million in cash as of June 2026.
  • Elementos is well-positioned to support the EU's Critical Raw Materials Act with its vertically integrated mine-to-metal strategy.
  • The company is engaged in strategic discussions for project financing and offtake agreements.
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.