Information Element: A mental process. Something someone does. Something that's either strong or weak in a person. Something valued or unvalued by a person. A person perceiving or understanding something.

Information Aspect: The thing which could be perceived or understood. Conversations about of Information Aspects discuss that thing in itself, free from the perspective of any individual and outside of mental processes.

Example, a red ball is still red when no one is looking at it.

Information Element: the mental process involved in a person perceiving the color of the ball
Information Aspect: the ball's color (an aspect of that ball which exists independently of whether or not anyone's looking at it or whether or not a person looking at it is color blind)