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Elementos Limited

Elementos has tin production path in three countries to help meet global shortage

Tin has been identified as the metal that is most impacted by new technologies, resulting in increasing demand.

Tin on table of elements
The company has projects in Spain, Tasmania and Malaysia

Elementos Limited (ASX:ELT) is leveraged to the increasing global shortfall in tin through its staged strategy of bringing tin projects online in three different countries.

Executive director Chris Dunks told investors at this week's Proactive CEO Sessions in Sydney and Melbourne that tin had been identified as the metal most impacted by new technologies.

Chris Dunks addresses investors in Sydney at the CEO Session.

He said that with increasing demand for the metal in new technology, the future for tin looked very bright and Elementos was well-placed to benefit.

The company has three tin projects which it aims to bring online progressively - Oropesa in Spain, Cleveland in Tasmania and Temengor in Malaysia.

READ: Elementos defines exploration target for the Oropesa Tin Project in Spain

First cab off the rank will be Oropesa which is in the mining friendly area of Andalucia in southern Spain, near the original Rio Tinto mine.

Dunks said the project was half-way through the approvals process with first production scheduled for late 2021 or early 2022.

It boasts a 12 million tonne resource, with simple metallurgy.

A definitive feasibility study is on track for completion in mid to late 2019.

Oropesa's impressive tin grade is the equivalent of a 3 g/t gold project or a 1.7% copper project.

The second project in the company's production timetable is Cleveland, which is expected to proceed to the approvals and development phase to begin in early 2020.

Temengor is the final piece in the production jigsaw with this expected to begin in 2025.

It is in a remote location in the country's north, near the Rahman Hydraulic mine, which is the only remaining operating mine in Malaysia.

Read the presentation made by Chris Dunks here.

Quick facts: Elementos Limited

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Market: ASX
Market Cap: $6.18 m
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