Elementos Limited (AU:ELT) has released an update.
Elementos Limited is set to acquire up to a 50% stake in Iberian Smelting S.L., an operational tin smelter in Spain, aiming to become the first vertical mine-to-metal tin producer in the European Union. The move promises cost savings, environmental benefits, and strategic alignment with EU policies on critical raw materials. The acquisition will also grant Elementos access to established markets in Europe and North America, where tin commands a significant price premium.
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