Centaurus Metals Limited (AU:CTM) has released an update.
Discover the Best Stocks and Maximize Your Portfolio:
- See what stocks are receiving strong buy ratings from top-rated analysts.
- Filter, analyze, and streamline your search for investment opportunities with TipRanks’ Stock Screener.
Centaurus Metals Limited has announced an increase in the mineral resource estimate for its Jaguar Nickel Sulphide Project in Brazil, solidifying its status as a major player in the global nickel market. The updated feasibility study highlights an 18-year mine life with low production costs, positioning the project as a strategic source for the electric vehicle battery supply chain. The company also reported cash reserves of $19.9 million as of September 2024, supporting ongoing project development.
For further insights into AU:CTM stock, check out TipRanks’ Stock Analysis page.