Centaurus Metals Limited (ASX: CTM) has secured the final critical regulatory approval for its flagship Jaguar Nickel Sulphide Project located in northern Brazil, with the Brazilian Ministry of Mines and Energy formally granting the Mining Lease. This approval marks the last major milestone required before making the Final Investment Decision (FID), officially authorizing commercial mining at the site. With all essential environmental and mining permits now in place, Centaurus is well-positioned to begin construction and advance funding arrangements through strategic partnerships and off-take agreements.
Managing Director Darren Gordon highlighted the significance of the approval as a major step in reducing project risk and reaffirmed the Brazilian Government’s support for critical minerals development. He noted that Jaguar stands out as one of the few advanced, development-ready nickel projects outside Indonesia, offering strong economic potential even at current nickel prices. The company now aims to finalize financing and commence project development soon.
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