Elementos Secures Oropesa Access Approval as Smelter Option Clears Conditions
Elementos received approval for the main access road to its Oropesa tin project in Spain, while its binding option to acquire a 50% interest in the Robledollano smelter became unconditional. The company reported a net cash position of approximately $39 million and said project financing and offtake discussions are progressing, with term sheets received and due diligence underway. It also received approval for a drilling program at its Cleveland project in Tasmania and continues technical work on its broader critical-minerals potential.
Closing price · 2026-10-26: $0.340 · -4.23%