Elmore Ltd identified contract processing as a vital but underserviced niche in the Australian mining industry.
Elmore and its partners deliver fully-funded, turnkey mining, processing and logistics solutions so resources companies can start or increase production.
The Company’s “Build-Own-Operate” model works to provide safer, more predictable returns to its shareholders.
Elmore offers performance-based agreements that incentivise speed, economy and safety, involving:
· A fixed rate per tonne of ore processed
· Profit sharing
· Opportunities to become equity partners in promising projects
| Minimising Risk|
Mining is a cyclical business. Elmore minimises risk by:
· Reduced exposure to exploration risk
· Aligning its agreements to the risk profile of the project
· Managing multiple projects at once to diversify its risk
· Maintaining the flexibility to redeploy people and equipment across projects