Elementos Ltd
Elementos secures $5m investment from Metals X to advance Oropesa and Cleveland tin projects
Elementos (ASX: ELT) has secured a $5 million investment from fellow tin producer Metals X (ASX: MLX) by way of a strategic private placement that will see Metals X receive 58.9 million Elementos shares priced at $0.0848 each, equating to a total 19.98% equity stake. The proceeds will advance Elementos’ flagship Oropesa tin project in […]
Tin heading for decade of deficits as technology demand outpaces mine development
Tin, the often-overlooked member of the base metals complex, is back on analysts’ agenda. London-based Capital Economics has just issued a client note entitled A minor star called tin. Reuters has just dubbed it “the most resilient base metal so far this year”, having bounced from US$12,700 per tonne in March when the markets were […]
Elementos reports ‘impressive’ results from performance testing of Oropesa tin samples, progresses with project acquisition
Multi-national, tin-focused exploration company Elementos (ASX: ELT) has completed first phase ore pre-concentration performance testing on a three-tonne bulk sample from its advanced Oropesa project in Spain. Conducted at the facilities of Tomra Sorting Solutions in Germany, the phase involved the separation of high-density and low-density particles using Tomra’s x-ray transmission (XRT) technology. The samples […]