BUZZ-Australia's Elementos advances on tungsten, rubidium find at Tasmania project

Reuters
01/23
BUZZ-Australia's Elementos advances on tungsten, rubidium find at Tasmania project

** Shares of Elementos ELT.AX jump as much as 11.8% to A$0.425, hitting their highest since January 15

** Stock logs largest intraday pct gain since January 14

** Specialty miner reports extensions of tungsten, rubidium and bismuth mineralisation at its Cleveland project in Tasmania

** Says drilling results reaffirm project's multi-commodity potential across tin, tungsten and a suite of high-value critical minerals

** More than 361,000 shares change hands vs 30-day average volume of around 254,000 shares

** Stock rose 350.5% in 2025

(Reporting by Nikita Maria Jino in Bengaluru)

((Nikita.Jino@thomsonreuters.com;))

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