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GLEN — Glencore News Story

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Australia's Centaurus Metals rises as Glencore says offtake deal still effective

BUZZ-Australia's Centaurus Metals rises as Glencore says offtake deal still effective

** Shares of Australia's Centaurus Metals CTM.AX rise as much as 8.5% to A$0.445, logging their biggest intraday pct gain since August 24

** The mineral explorer confirms its offtake deal with Glencore GLEN.L remains binding & effective

** On March 16, CTM inked a deal with Glencore for supply of nickel concentrate from CTM's Jaguar Nickel Sulphide Project in Brazil

** CTM stock down over 25% this year, including the day's move


(Reporting by Rajasik Mukherjee in Bengaluru)

((Rajasik.Mukherjee@thomsonreuters.com))

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