| Metals & Mining Industry | Materials Sector | Darren Peter Gordon CEO | CXA Exchange | AU000000CTM4 ISIN |
| AU Country | 8 Employees | - Last Dividend | 19 Jul 2017 Last Split | - IPO Date |
Centaurus Metals Limited is a dynamic entity in the mineral exploration sector, focusing its efforts within Brazil. The company has established a notable presence through its exploration and evaluation of mineral resources, specifically targeting copper, nickel, gold, and iron ore deposits. Centaurus Metals has solidified its reputation through successful exploration initiatives and the production of key by-products, demonstrating its capabilities and potential for growth within the mining industry. Originally founded as Glengarry Resources Limited, the company underwent a significant transformation, adopting the name Centaurus Metals Limited in April 2010. Since its inception in 1990, Centaurus Metals has been headquartered in Belo Horizonte, Brazil, solidifying its position and expanding its footprint within the competitive landscape of the Brazilian mining sector.
Centaurus Metals Limited produces copper cathode as part of its copper exploration and processing operations. Copper cathode is a key raw material widely used in various industrial applications, ranging from the production of wire and cable to the manufacture of electrical appliances and electronic products. The production of copper cathode not only aligns with the company's strategic exploration of copper deposits but also serves as an essential component of the global copper supply chain.
As a by-product of its exploration activities, the company generates zinc hydroxide. This chemical compound is utilized in various applications, including as a precursor for zinc salts, in the manufacturing of rubber and plastics, as well as in applications that require corrosion resistance. Zinc hydroxide production by Centaurus Metals demonstrates the company's commitment to maximizing the value of its exploration activities and contributing to diverse industrial sectors.
Cobalt hydroxide is another significant by-product produced by Centaurus Metals. This compound plays a critical role in the rechargeable battery industry, particularly in the production of lithium-ion batteries. Its production underscores the company's involvement in the supply chain for materials critical to the energy sector and emerging technologies.
The production of ammonium sulphate as a by-product of the company's mining operations showcases its ability to contribute to the agricultural sector. Ammonium sulphate is widely used as a fertilizer, providing essential nitrogen to crops. This demonstrates Centaurus Metals' dedication to sustainable practices and its versatility in producing materials that serve a variety of industrial purposes.
Centaurus Metals' flagship project, the Jaguar Nickel Sulphide project, is situated in the highly mineral-rich Carajás Mineral Province in northern Brazil. This initiative focuses on the exploration and potential development of nickel sulphide deposits over an expansive 30 square kilometer land package. The project emphasizes Centaurus Metals' strategic focus on nickel, a metal critical for the global stainless steel and battery sectors.
Located in the State of Minas Gerais, the Jambreiro project is another strategic asset within the company’s portfolio, primarily focusing on iron ore. Centaurus Metals holds a 100% interest in this project, underlining its commitment to exploring and developing iron ore deposits, a fundamental component for the global steel manufacturing industry.
The Boi Novo Copper-Gold project, also located in the Carajás Mineral Province, Brazil, comprises approximately 35 square kilometers. This project underscores Centaurus Metals’ dedication to exploring for both copper and gold, metals that continue to have significant industrial and economic value. Through projects like Boi Novo, Centaurus Metals aims to diversify its exploration activities and enhance its product portfolio.