Elemental Asia S.A. initially operating under the name Prime Minerals S.A. since 2014, has invested in projects related to the extraction and processing of natural resources. The company's subsidiaries implemented projects for the construction of an open-cast mine of nickel ore and limestone aggregate in Indonesia. In connection with the partial ban on the export of unprocessed nickel ore introduced in 2014 and accounced in September 2019 a total ban on the export of unprocessed nickel ore, a decision was made to change the company's business profile. The new company profile is associated with the recycling of precious metals from printed circuit boards (PCB) and spent automotive catalysts (SAC). The company under the new name Elemental Asia, with the new management will operate on Asian markets in the field related to the recycling of precious metals from printed circuits and automotive catalysts.
Elemental Asia S.A. strategic goal is expansion on Asian markets by quickly building organizational structures. At the same time, the company is actively looking at the acquisition goals– companies being leaders in their industries.
We intend to consolidate the local markets in 3 business segments: PCB, SAC and trade in pure metals (coins, bars, other).