Company
ASX:ELT
Elementos Ltd (ASX:ELT) is committed to the safe and environmentally conscious exploration and production of high-grade tin resources, regardless of the location. The company is focusing primarily on the Oropesa Tin Project in Spain, which was acquired in January 2020 and is regarded as one of the world’s largest undeveloped, open-cut mineable tin deposits, with access to world-class infrastructure. It also owns the Cleveland Tin Project, which is around 80 kilometres southwest of Burnie in the mineral-rich northwest region of Tasmania, Australia.
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Whilst the tin-copper orebody is a globally significant tin deposit, the tungsten porphyry deposit is a potential Tier 1 strategic metal asset that is double the grade of Wolf's Hemerdon tungsten and tin project which recently entered produ
The stage 2 open-pit operation at the Cleveland tin-copper-tungsten mine is expected to increase the before tax cash flow by over 37%. The study provided an estimated $21 million boost to cash flow.
The PFS has demonstrated the viability of the company’s Cleveland Tailings Project, the first stage of a 3 stage plan to redevelop the Cleveland Mine into a world-class tin-copper-tungsten asset. With a Maiden Ore Reserve and operatin
