Centaurus Metals LimitedASX: CTM

Centaurus Acquires New Iron Ore Export Project in Brazil

· Issued by Centaurus Metals Limited

Filed with ASX · · 4 pages · English

Summary by 6ix AI

Centaurus Metals Limited has announced the acquisition of the Serra do Lontra Project in Brazil, aimed at establishing an iron ore export business. The project is expected to support the export of high-grade hematite to international markets, with significant exploration targets identified. Centaurus plans to initiate exploration activities to define a JORC Resource and commence environmental and mining approvals immediately. The project is strategically located near the Ilhéus port, facilitating efficient transportation for export operations.

Written by 6ix AI from the company’s filing. How 6ix writes summaries

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