Elementos Limited · ASX:ELT
Elementos — Noosa Mining Conference 2026
26 slides from Elementos's conference presentation, July 2026
Slide 1: Noosa Mining Conference
Joe David Noosa Mining July 2026 ASX:ELT Managing Director Conference elementos.com.au
Slide 2: Cautionary Statement
ELEMENTOS ASX: ELT June 2026 2 Cautionary Statement. This Presentation provides general background information about Elementos Limited’s (“Company’s”) activities. That information is current at This Presentation contains a series of forward-looking statements and forecast financial information. The
Slide 3: Two mature tin projects primed for development
ELEMENTOS Overview Oropesa Cleveland Invest ASX: ELT July 2026 3 Elementos (ELT:ASX) has two mature tin projects primed for development. Oropesa Project Cleveland Project Andalucia, Spain Tasmania, Australia Strategic role Strategic role The EU mine-to-metal supply anchor. Global multi-commodity ups
Slide 4: More AI. More data. More energy. More tin.
ELEMENTOS ASX: ELT June 2026 4 More AI. More data. More Mine production is falling in the largest global producers energy. More tin. (kt of tin production) 140 “Global average ore grades have • Tin, as electrical solder, is the foundational “glue” of modern tech. 120 fallen nearly 18% since 2006”1 “
Slide 5: Tin prices have surged and settled above $50,000/t
ELEMENTOS Overview Oropesa Cleveland Invest ASX: ELT June 2026 5 Tin prices have surged and settled above $50,000/t as LME & SHFE cash/spot tin prices holding close to highs Tin metal price US$/t global supply constraints LME US$53,900/t and accelerating tech 22 JUL 2026 US$60.0k demand squeeze the
Slide 6: The only tin mine in development within the European Union
ELEMENTOS Overview Oropesa Cleveland Invest ASX: ELT July 2026 6 The Oropesa Project is the only tin mine in development within the European Union. And one of the few vertically integrated ‘mine-to-metal’ tin platforms globally. Oropesa Mine Fuente Obejuna, Spain Andalucia, Spain + Robledollano Smel
Slide 7: Oropesa positioned to service Europe's advanced manufacturing sector
ELEMENTOS Overview Oropesa Cleveland Invest ASX: ELT June 2026 7 The Oropesa Project is positioned to service Europe’s advanced manufacturing sector. • Mining and refining tin metal from within the EU, achieves major EU targets (part of CRMA legislation) of mining and refining 10% of Europe's tin de
Slide 8: Strong government support, recent approvals and critical mineral tailwinds
ELEMENTOS Overview Oropesa Cleveland Invest ASX: ELT June 2026 8 Oropesa Project has strong government support, recent approvals progression and critical mineral tailwinds. • Regional Government of Andalucia declares Overriding Public Interest (June-2026) over project clearing regulatory pathway • T
Slide 9: International Tin Industry joined us at Oropesa
ELEMENTOS Overview Oropesa Cleveland Invest ASX: ELT June 2026 9 Representatives of the International Tin Industry joined us at Oropesa ahead of the International Tin Conference in May 2026
Slide 10: Oropesa is a development-ready project
ELEMENTOS Overview Oropesa Cleveland Invest ASX: ELT June 2026 10 Oropesa is not just an exploration concept, it’s a development-ready project. • Definitive Feasibility Study completed with engineering, mine planning and financial outcomes defined • Project significantly de-risked with a clear pathw
Slide 11: Engineered for high quality tin concentrate production
ELEMENTOS Overview Oropesa Cleveland Invest ASX: ELT June 2026 11 Oropesa is engineered for high quality tin concentrate production with minimised impact. • All infrastructure is confined within the Exploitation Licence boundary, engineered for maximum operational efficiency and minimal ecological f
Slide 12: Masterplan 3D modelling ensures efficient design
ELEMENTOS Overview Oropesa Cleveland Invest ASX: ELT June 2026 12 Masterplan 3D modelling ensures efficient design and interaction of major and minor design packages. 3D-Modelled areas: Open Pit, waste dumps, haul roads, ROM pad, civil pads, crushing, screening and material handling infrastructure,
Slide 13: Oropesa has exceptional project economics
ELEMENTOS Overview Oropesa Cleveland Invest ASX: ELT June 2026 13 Oropesa has exceptional project economics. *Refer ASX Release dated 4 April 2025 Oropesa Tin Project: Definitive Feasibility At current tin price Oropesa is a robust financial project Study (DFS) Results and Maiden Ore Reserve of $53,
Slide 14: Further mineralisation expansion opportunities
ELEMENTOS Overview Oropesa Cleveland Invest ASX: ELT June 2026 14 Oropesa has further mineralisation expansion opportunities. Oropesa Tin Extensions (NW & SE) Along-strike Tin Opportunities (Tenements ELT has been nominated Mineralised extensions possible in NW rights) and SE of Mineral Resource Mod
Slide 15: Cleveland Tin Mine offers multi-commodity optionality
ELEMENTOS Overview Oropesa Cleveland Invest ASX: ELT July 2026 15 The Cleveland Tin Mine offers advanced multi-commodity optionality in mineral rich north-west Tasmania. 100%-owned historical mining operation with a growing basis of restart opportunities Operated as underground tin (and by-product c
Slide 16: Cleveland is a tin heavy, stacked, multi-commodity system
ELEMENTOS Overview Oropesa Cleveland Invest ASX: ELT July 2026 16 Cleveland is a tin heavy, stacked, multi-commodity system. 2024 drilling and assays from previously sampled historic core prove Cleveland is more than just a tin mine. 1 All resources calculated Tin and copper tailings Tin and copper
Slide 17: XRT has ability to transform Cleveland's economics
ELEMENTOS Overview Oropesa Cleveland Invest ASX: ELT July 2026 17 XRT has ability to transform Cleveland’s economics Fundamentally lowering tonnes fed into processing plant, lowering construction capital, processing & waste costs
Slide 18: Our team has delivered multibillion dollar projects
ELEMENTOS Overview Oropesa Cleveland Invest ASX: ELT June 2026 18 Our team has delivered multibillion dollar mining and natural resource projects around the world and is experienced in tin. Andy Greig Joe David Calvin Treacy Corey Nolan Brett Smith Daniel Broughton Non-Exec Chairman Managing Directo
Slide 19: A uniquely de-risked tin and critical minerals platform
ELEMENTOS Overview Oropesa Cleveland Invest ASX: ELT July 2026 19 Elementos is a uniquely de-risked tin and critical minerals platform. Pillar 01 Pillar 02 Pillar 03 The Balance Sheet High-Conviction Backers The Deliverables A$40.3M • Primary Permitting for Oropesa L1 Capital: Recent A$29.5 million
Slide 20: The Elementos value equation
ELEMENTOS Overview Oropesa Cleveland Invest ASX: ELT July 2026 20 The Elementos value equation. Unparalleled Tier-1 European Vertical Extreme $40M cash exposure to and Australian mine-to-metal leverage to a assets EU supply chain. +US$50k/t tin + tin, tungsten and surging Tier-1 and critical tungste
Slide 21: Elementos corporate overview
ELEMENTOS Overview Oropesa Cleveland Invest ASX: ELT June 2026 21 Elementos (ASX:ELT) corporate overview Share price Market capitalisation (undiluted)2 Top-10 shareholders 07 July 20263 A$0.320 A$140.3M 13 July 2026 23 July 2026 52 week high $0.475, low $0.11 L1 CAPITAL, 19.8% Shares on issue Cash2
Slide 22: Connect with us
Elementos Ltd Level 7, 167 Eagle Street ABN 76 075 103 221 Brisbane Queensland 4000 ASX:ELT Phone: +61 7 3212 6299 Connect with us. Joe David Managing Director eNews jd@elementos.com.au Join the conversation Follow us Subscribe to our e-news: www.x.com/ElementosTin www.x.com/elementos- elementos.com
Slide 23: Disclaimer: Competent Person Statements
ELEMENTOS ASX: ELT June 2026 23 Disclaimer. Competent Person Statements The information in this Presentation that relates to Mineral Resources for the Cleveland Project has been extracted from the Company’s ASX Announcement on 30 August 2024 “Cleveland tungsten mineralisation updated”. The informati
Slide 24: Appendix 1: Oropesa Mineral Resource Estimate & Maiden Ore Reserve Tables
ELEMENTOS ASX: ELT June 2026 24 Appendix 1: Oropesa Mineral Resource Estimate4 & Maiden Ore Reserve Tables10 OROPESA TIN PROJECT FEB-2023 MINERAL RESOURCE ESTIMATE4 OROPESA 2023 MINERAL RESOURCE ESTIMATE – ZINC 8 MRE Contained Tin Resource Contained Zinc MRE Resource Classification Sn% Resource Tonn
Slide 25: Appendix 2: Cleveland Mineral Resource Estimates & Exploration Target
ELEMENTOS ASX: ELT June 2026 25 Appendix 2: Cleveland Mineral Resource Estimates & Exploration Target 2 11 CLEVELAND TIN & COPPER PROJECT SEP-2018 MINERAL RESOURCE ESTIMATE CLEVELAND TUNGSTEN FEB-2026 MINERAL RESOURCE ESTIMATE Resource Sn% Resource Contained Cu (%) Contained Copper Resource WO3% Ton
Slide 26: Cleveland Tin Project Exploration Target
ELEMENTOS ASX: ELT June 2026 26 Cleveland Tin Project Exploration Target Competent Persons Statement Strike, Depth & Thickness • The information in this Presentation that relates to the Cleveland Exploration Target is based on, and fairly represents, • Strike: Interpreted from historic mine data, re