What is the core approval received by Centaurus Metals?

Centaurus Metals (ASX:CTM) received regulatory approval from the Operador Nacional do Sistema Elétrico to connect its flagship Jaguar Nickel Sulphide Project to Brazil's national 230kV transmission network.

What are the financial requirements to secure the power allocation?

Centaurus Metals (ASX:CTM) is required to lodge a $2.7 million bank guarantee within 90 days to secure the 20MW power allocation. The company stated that this guarantee will remain in place until the transmission infrastructure becomes operational.

How does Centaurus Metals expect the power connection to impact operating costs?

Centaurus Metals (ASX:CTM) forecasts that connecting to the high-voltage grid will deliver a long-term operating cost benefit because transmission charges are less than half those of the lower-voltage regional network.

What infrastructure must be built for the power connection?

Centaurus Metals (ASX:CTM) will establish the power grid connection via the construction of a 36km extension line from the existing 230kV transmission line to the main substation of the Jaguar Nickel Sulphide Project.

What are the grid operational conditions and final upgrade timelines?

Centaurus Metals (ASX:CTM) agreed to participate in temporary load shedding if requested by the grid concession holder until regional transmission upgrades are finished.

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Centaurus Metals secures 20MW power grid connection

Written by Liezl GambePublished Jul 15, 2026, 1:56 AM

Centaurus Metals received approval to connect its Jaguar Nickel Sulphide Project to Brazil's national 230kV transmission network.
The company will lodge a $2.7 million guarantee to secure an initial allocation of 20MW of power.
The network connection is intended to reduce long-term operating costs and de-risk the mining development.

Centaurus Metals (ASX:CTM) received approval to connect its Brazilian nickel project to a national 230kV power grid.

The approval secures an initial allocation of 20MW of power for the ongoing project development.

"Securing access to Brazil's high-voltage power grid is an important milestone," said Centaurus Metals Managing Director Darren Gordon.

The company will lodge a $2.7 million guarantee within 90 days to maintain this power allocation.

Following the announcement, the Centaurus Metals share price was unchanged at $0.455.

Centaurus stated that the connection is expected to position the project in the bottom cost quartile.

The company previously signed a binding five-year nickel offtake agreement worth about $450 million with Glencore.

Centaurus Metals secures 20MW power grid connection

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