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How Centaurus Landed a $450M Nickel Deal with Glencore for Jaguar Project

9:40am on Monday 16th of March, 2026 AEDT Mining
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How Centaurus Landed a $450M Nickel Deal with Glencore for Jaguar Project

9:40am on Monday 16th of March, 2026 AEDT
Key Points
  • Binding five-year offtake agreement with Glencore for 20,000 tonnes per annum of nickel concentrate
  • Contract covers approximately 30% of Jaguar’s forecast nickel concentrate production
  • Agreement valued at over US$450 million at current nickel prices
  • Key milestones include final investment decision by September 2026 and production start by January 2029
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