Para State Tax Incentives Granted for Jaguar Development
| Stock | Centaurus Metals Ltd (CTM.ASX) |
|---|---|
| Release Time | 15 Jun 2026, 9:45 a.m. |
| Price Sensitive | Yes |
Centaurus Metals Receives State Tax Incentives for Jaguar Project
- Centaurus Metals granted tax incentives by Pará State
- Full ICMS exemption on goods, equipment, and raw materials
- 50% ICMS reduction on fuel and power
- Supports sustainable development and energy transition
Centaurus Metals Ltd (ASX: CTM) announced that its wholly-owned subsidiary, Centaurus Níquel Ltda., has been granted wide-ranging state tax incentives by the State of Pará for the development of the Jaguar Nickel Sulphide Project. The incentives, originating from State Act N. 6716/2005, include full exemption on the State tax on operations involving the sale of goods and services, and a 50% reduction on fuel and power purchased within Pará. These incentives are expected to provide significant economic benefits, supporting the project's advancement and contributing to the sustainable development of critical minerals.
The company is advancing the funding package for the Jaguar Project to support a Final Investment Decision, targeted for the end of September 2026.