Elementos Limited ( (AU:ELT) ) just unveiled an update.
Elementos Limited has announced the results of its Definitive Feasibility Study (DFS) for the Oropesa Tin Project in Spain, confirming the project’s technical and economic viability. The study outlines a 1.4Mtpa open-cut mining operation with a 12-year lifespan, producing 3,405 tonnes of tin annually for the European market. With a capital cost of €149 million and a pre-tax NPV of A$270 million at a conservative tin price, the project is poised for significant economic returns. The DFS aligns with environmental and mining license applications, positioning Elementos to progress towards financing and a final investment decision, potentially making it Europe’s first vertically integrated tin project.
More about Elementos Limited
Elementos Limited operates in the mining industry, focusing on the extraction and production of tin. The company is engaged in developing the Oropesa Tin Project in Spain, which aims to establish a mine-to-metal smelting solution within the European Union.
YTD Price Performance: -30.0%
Average Trading Volume: 28,000
Technical Sentiment Signal: Strong Buy
Current Market Cap: $12.59M
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