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Centaurus Metals Pivots Strategy Amid Market Shifts
Company Announcements

Centaurus Metals Pivots Strategy Amid Market Shifts

Centaurus Metals Limited (AU:CTM) has released an update.

Centaurus Metals Limited has adjusted its Jaguar Feasibility Study to focus on nickel sulphide concentrate production due to recent nickel market downturns, aiming to complete the study by late June. The company has secured environmental approval for the project in Brazil, which promises a low carbon footprint and low operating costs. In parallel, Centaurus is exploring the production of high-purity direct reduction pellets at its Jambreiro Project to meet the demand for reduced carbon emissions in the steel industry.

For further insights into AU:CTM stock, check out TipRanks’ Stock Analysis page.

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