Team Veye July 15, 2026

Centaurus Metals Secures Approval for High-Voltage National Power Grid Connection

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Centaurus Metals Limited (ASX: CTM) announced on 15 July 2026 that its wholly owned Brazilian subsidiary, Centaurus Níquel Ltda., has received ONS approval to connect the Jaguar Nickel Sulphide Project to Brazil’s national 230kV transmission network and that it has secured an initial 20MW allocation.

The filing confirms the connection will be built via a 36km extension from the existing 230kV line to Jaguar’s main substation with all required environmental and mining approvals, including the mining easement for land access, already secured to enable construction integration with project development.

Centaurus noted that electricity supplied via the national transmission network is materially more reliable than regional lower voltage systems and attracts transmission charges of less than half those on the lower voltage network, which the company says will deliver meaningful long term operating cost benefits and support Jaguar’s forecast position in the bottom quartile of the global nickel cost curve.

As part of the ONS approval, Centaurus agreed to participate in load shedding if required by the transmission concession holder until planned regional upgrades (targeted by Brazil’s Aneel for completion by mid 2032) are finished. To secure the 20MW allocation the company must lodge a R$9.7 million (A$2.7 million) guarantee with ONS within 90 days with Centaurus planning to provide this guarantee when making a Final Investment Decision on the project.

Managing Director Darren Gordon said the approval is an important milestone that both de‑risks development and supports the project’s low cost operating profile and highlighted that the company is well positioned to integrate the transmission work into broader development planning as it advances toward FID.

(Source: Company Announcement)

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