Australia-based Centaurus Metals has secured a binding call option to acquire a large-scale nickel sulphide project in the Carajas mineral province of Brazil from iron-ore major Vale, the company announced on Tuesday.
The miner, which is already developing the Jambreiro iron-ore project in Brazil, secured a 30-day call option over the Jaguar nickel sulphide project through a deal, which includes an asset swap arrangement on the Salobo West copper/gold project.