Glencore Confirms Jaguar Nickel Offtake Agreement
Key points
- Glencore reaffirms its commitment to the offtake agreement with Centaurus
- Centaurus is in advanced negotiations for additional funding
- Senior debt financing process is well advanced
- Centaurus expects to provide further updates on funding initiatives
Full summary
Centaurus Metals Limited (ASX: CTM) is pleased to confirm that its offtake agreement with Glencore, announced to the ASX on 16 March 2026, remains binding and effective. Glencore has confirmed its intention to maintain the offtake agreement on the previously announced terms. Centaurus is at an advanced stage of negotiations and final documentation in respect of additional offtake and strategic funding for the Jaguar Nickel Project. The senior debt financing process is also well advanced, providing the Company with a clear forward pathway as it works to complete an overarching funding package to underpin project development.
Outlook
Centaurus expects to provide further updates on these funding initiatives in the near term.
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