- Centaurus Metals (CTM) lodges an Environmental Impact Assessment (EIA/RIMA) for its flagship Jaguar Nickel Sulphide Project in Brazil
- The company is targeting approval of the EIA/RIMA and the granting of a preliminary licence (LP) for the project during Q3 2022
- Once the LP has been granted, Centaurus will apply for an installation licence which will allow for the construction of the plant and equipment to begin
- Centaurus will be targeting the grant of the installation licence by the end of Q2 2023 which will allow plant construction to begin in the second half
- Shares in Centaurus are down 1.56 per cent and are trading at 97.5 cents at 12:10 pm AEST
Centaurus Metals (CTM) has lodged an Environmental Impact Assessment (EIA/RIMA) for its flagship Jaguar Nickel Sulphide Project.
The Jaguar Project lies in the western portion of the world-class Carajás Mineral Province of Brazil.
It spans an area of 30 square kilometres and has a mineral resource estimate of 58.9 million tonnes at 0.96 per cent nickel for 562,600 tonnes of contained nickel.
Centaurus is targeting approval of the EIA/RIMA and the grant of a preliminary licence (LP) for Jaguar during Q3 2022.
Once the LP has been granted, the company will apply for an installation licence (LI) which will allow the construction of the plant and equipment to begin.
Centaurus will be targeting the grant of the LP by the end of Q2 2023 which will allow plant construction to begin in the second half.
Managing Director Darren Gordon commented on the application process.
“The lodgement of the EIA/RIMA marks another key step along our development pathway at Jaguar and we will work closely with SEMAS over the coming months to achieve the grant of the preliminary licence,” Mr Gordon said.
“We have already spent a significant amount of time working with communities in the region and with key stakeholders to inform them of the benefits of the Jaguar Project development – which should help us to achieve our key environmental approvals in a timely fashion.”
Shares in Centaurus were down 1.56 per cent and were trading at 97.5 cents at 12:10 pm AEST.