By Digifin Pty Ltd · About this coverage
Key Points
- CUST signed with ONS for Jaguar Nickel Sulphide Project grid access
- Initial 20MW allocation via 36km line to 230kV national network
- Environmental, mining approvals and mining easement for the line already in place
- Next: Aneel authorisation and CCT with line concession holder
- Offtake, strategic funding and senior debt talks advanced; terms not disclosed
About Centaurus (ASX:CTM)
Centaurus Metals Limited is an ASX-listed mineral development company focused on the Jaguar Nickel Sulphide Project in Para, Brazil. It is advancing the project through studies, permitting and funding toward a potential Final Investment Decision.
Centaurus (ASX:CTM) Metals said wholly owned Brazilian subsidiary Centaurus Niquel Ltda. signed the Transmission System Use Contract (CUST) with Brazil's National Electricity System Operator (ONS) for the Jaguar Nickel Sulphide Project in Para, Brazil.
The CUST follows ONS regulatory approval announced on 15 July 2026 and formally secures Jaguar's access to the national 230kV high-voltage transmission network, with an initial allocation of 20MW delivered through a 36km transmission line to the project's main substation. Centaurus says all environmental and mining approvals and the mining easement required to build the line are already in place. Next steps are to submit the signed contract and connection documents to Aneel for authorisation of connection facilities, and to enter a Transmission Connection Contract (CCT) with the concession holder of the existing power line. Centaurus also says it is at an advanced stage of negotiations and final documentation on additional offtake and strategic funding, with the senior debt financing process well advanced, and expects near-term updates.
The release does not disclose CUST commercial terms, power price, or funding amounts or counterparties.
Source: Centaurus Metals Limited (ASX:CTM), 2 October 2026. Summary content supplied by Digifin Pty Ltd.
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