Offtake Rights Released
This morning Centaurus Metals (CTM) reported it had acquired 100% of all Jaguar nickel product offtake rights from Vale in exchange for an increased project metal royalty. The release of offtake opens up a galaxy of potential financing solutions and suitors including EV manufacturers who crave sources of dependable low-carbon emission battery metals. The move could also trigger M&A activity from existing miners, attracted to Jaguar’s scale and generous payable margin.
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