Elementos Limited awarded an Early Contractor Involvement (ECI) contract to Spanish Engineering, Procurement and Construction (EPC) contractor Duro Felguera to develop Oropesa Tin Project's Mineral Processing Plant. Elementos' ECI award, via its Spanish subsidiary Minas de Estaño de España S.L (MESPA), to Duro Felguera follows a global tendering process among suitably qualified process engineering contractors with Spanish delivery capabilities. It is a significant milestone in Oropesa's development and the company's focus on effective delivery models with experienced local partners.

Elementos negotiated the ECI to deliver key engineering inputs for the Definitive Feasibility Study (DFS), in addition to a lump sum EPC delivery price and an executable EPC contract for the Mineral Processing Plant, with key EPC contracting terms and conditions already negotiated and agreed between the parties. Duro Felguera will develop the ECI in close consultation with Elementos' project team and owners engineer under established partnering principals, on an open-book basis with pre-agreed profit and overhead margins and contingency definitions.