Centaurus Metals Limited ( (AU:CTM) ) has issued an announcement.
Centaurus Metals Limited has made significant progress in its Jaguar Nickel Sulphide Project in Brazil, highlighted by the successful completion of a pilot plant trial, which produced high-grade nickel concentrate with lower impurities, leading to anticipated logistics cost savings. The company also advanced other projects, including the Boi Novo Copper-Gold Project, where promising mineralization styles have been identified, and the Jambreiro Iron Ore Project, which received priority status from the State of Minas Gerais, potentially accelerating its development.
More about Centaurus Metals Limited
Centaurus Metals Limited is an exploration and development company focused on critical minerals, particularly nickel, for the clean energy sector. Their key projects are in Brazil, including the Jaguar Nickel Sulphide Project, which is a major undeveloped nickel resource, and they aim to leverage their projects to supply the EV battery market and other sectors.
YTD Price Performance: 9.72%
Average Trading Volume: 181,597
Technical Sentiment Consensus Rating: Strong Buy
Current Market Cap: A$196.2M
For an in-depth examination of CTM stock, go to TipRanks’ Stock Analysis page.