Centaurus Metals Limited (ASX: CTM) has received the formal approval of the environmental impact assessment (EIA) for its 100%-owned Jaguar Nickel Sulphide Project in northern Brazil, with the issue of the preliminary licence (LP) by the Pará State Environmental Agency – Semas.
Semas has now completed all of their internal processes and the LP has been formally issued.
The issue of the LP is a key milestone for the company and the Jaguar Nickel Sulphide Project as it attests to the fact the overall definition of the project is both environmentally and socially sound. Historically, this is the most challenging stage of the environmental approval process in Brazil.
Mr. Darren Gordon, CEO, and managing director, commented, “Most of the key development approvals are now in place, significantly de-risking our development pathway and putting us in an excellent position to advance one of the world’s most significant new green nickel projects towards development. I would like to acknowledge the incredible hard work of our team in Brazil for achieving these key permitting and development milestones in a timely manner.”
As a result of receiving the LP, the company can now commence the next stage of the environmental approval process, which begins with lodgement of the installation licence (LI) application – in the form of a document called the environmental control plan (PCA) – with the environmental agency. The company expects the PCA to be lodged later this month.
Once the LI is approved, the company will have all the environmental approvals required to commence the on-site construction of the Jaguar Nickel Sulphide Project.
The company is looking forward to securing the installation licence in the second half of 2024.
Concurrently with the grant of the LP for the main Jaguar Project, the Company has also received the grant of the combined preliminary licence and installation licence for the high-voltage powerline that will supply power to the Jaguar Nickel Sulphide Project, following approval of the environmental study for the powerline route.
Further, in respect to the powerline route, the LP/LI approval is the final environmental regulatory milestone necessary for the construction of the 38km long 230kV powerline, which will provide a reliable low-cost, low-emission source of power to the Jaguar Project.
To find out more, please visit www.centaurus.com.au
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