Created Magic, ordered magic, kinetic magic
Elemental magic is magic made of the substance of reality. Elemental magic is drawn from hyperspace, the gooey blue interior of the torus of reality.
Blue plasm is the raw substance of hyperspace, and it manifests as one of five elements when manipulated: Earth, Water, air, fire, void.
Elemental magic is manipulative. Creating an effect with it means drawing another element into your chosen element, or funneling hyperspace through your anima.
Elemental magic is a part of everything that can take form in reality. Even outsiders have a measure of it, though they view it as a containment, a binding, a punishment or a curse.
Elementals are spirit creatures. They are made of the substance of one specific element, so they may or may not be able to become corporeal.