Elementos resumed its definitive feasibility study and licensing efforts for the Oropesa Tin Project following negotiations with the Andalucian Government.

Modifications to the project layout aim to improve environmental and community outcomes.

These include relocating waste dumps, repositioning the tailings dam, and adjusting the access road to avoid disrupting a cattle route.

The changes prompt new project milestones, including the resubmission of primary license documentation in the third quarter, DFS completion by the fourth quarter, primary license receipt by the fourth quarter of 2025, and production commencement in the fourth quarter of 2027.