Market Alert: ASX200 at Critical Support – Reversal or Further Fall?
Centaurus Metals (ASX: CTM) announced that its 100%-owned Jaguar Nickel Sulphide Project in Pará, northern Brazil, has been granted the key Installation Licence by the State Environmental Agency, Semas. This crucial approval allows the Company to commence construction of the nickel concentration plant and associated infrastructure, including pits, dams, and waste piles.
The LI also covers vegetation clearing, essential water permits, and fauna management during construction. Valid until March 2029, the licence positions Centaurus to move forward once suitable funding is secured, and a Final Investment Decision is made. The powerline LI, granted in February 2024, also enables construction to proceed once engineering and land agreements are finalized. The Company has also secured key mining easements, facilitating negotiations with landowners.
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Nextgen Global Services Pty Ltd trading as Kapitales Research (ABN 89 652 632 561) is a Corporate Authorised Representative (CAR No. 1293674) of Enva Australia Pty Ltd (AFSL 424494). The information contained in this website is general information only. Any advice is general advice only. No consideration has been given or will be given to the individual investment objectives, financial situation or needs of any particular person. The decision to invest or trade and the method selected is a personal decision and involves an inherent level of risk, and you must undertake your own investigations and obtain your own advice regarding the suitability of this product for your circumstances. Please be aware that all trading activity is subject to both profit & loss and may not be suitable for you. The past performance of this product is not and should not be taken as an indication of future performance.