Australia's Centaurus Metals jumps after iron ore project gets priority status in Brazil

Centaurus Metals

11/12/2024 04:52

** Shares of Centaurus Metals  CTM.AX  rise as much as 7.5% to
A$0.43, their biggest intraday pct gain since mid October
** Mineral explorer says its Jambreiro iron ore project has been
awarded priority status by the state of Minas Gerais, Brazil
    ** Says priority status supports co's plan to re-evaluate
the development of project
    ** More than 228,000 shares change hands vs 30-day avg
volume of around 182,000 shares
    ** Including session's moves, stock trims YTD losses to
22.4%

(Reporting by Nikita Maria Jino in Bengaluru)
((Nikita.Jino@thomsonreuters.com;))