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The latest update is out from Elementos Limited ( (AU:ELT) ).
Elementos Limited is advancing its Oropesa Tin Project in Spain towards production, supported by a robust feasibility study and ore reserve statement, positioning it as a major tin project in the EU. The company has secured a 50% stake in the Robledallano Tin Smelter and is exploring further partnerships to enhance its mine-to-metal strategy. Additionally, Elementos is progressing with environmental permits and strategic partnerships, while also focusing on the Cleveland Tin Project in Tasmania, with ongoing testwork and resource estimates. The tin market’s high prices and new financial arrangements further support the company’s strategic initiatives.
The most recent analyst rating on (AU:ELT) stock is a Buy with a A$0.30 price target. To see the full list of analyst forecasts on Elementos Limited stock, see the AU:ELT Stock Forecast page.
More about Elementos Limited
Elementos Limited is a company operating in the mining industry, focusing on the development of tin assets. Its primary projects are the Oropesa Tin Project in Andalucía, Spain, and the Cleveland Tin Mine in Tasmania, Australia. The company is committed to advancing these projects within regulated and responsible mining jurisdictions.
Average Trading Volume: 253,528
Technical Sentiment Signal: Buy
Current Market Cap: A$97.38M
Learn more about ELT stock on TipRanks’ Stock Analysis page.