Centaurus Metals up on getting offtake rights over Brazil nickel project

Centaurus Metals

19/06/2023 02:59

** Shares of Australia's Centaurus Metals Ltd  CTM.AX  climb
as much as 17.2% to A$0.920, set for best intraday pct gain
since Dec. 16, 2020
    ** Nickel miner acquires offtake rights over Jaguar nickel
sulphide project in Brazil from Vale Base Metals
    ** Buys 100% offtake rights for all Jaguar nickel products
from Vale in exchange for increase in Vale's net operating
royalty
    ** Stock touches highest level since April 18
    ** Stock down 29.9% this year, as of last close

 (Reporting by Poonam Behura in Bengaluru)
 ((Poonam.Behura@thomsonreuters.com;))