Australian tin developer Elementos (ASX: ELT) has raised A$29.5 (approximately US$21 million) from Australian investor L1 Capital.
This investment will make L1 Capital a 19.99% shareholder in the company.
The funds will support advancement of the Oropesa tin project in Spain and the company’s investment into the Robledollano tin smelter as well as the Cleveland project in Tasmania.
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