Horizonte Minerals forges on at Araguaia
A new pre-feasibility study (PFS) is due this quarter and the firm aims to show the site has robust economics
Company
Horizonte Minerals PLC
LON:HZM
Horizonte Minerals PLC is an AIM and TSX-listed nickel development company focused in Brazil. The company is developing the Araguaia project, as the next major ferronickel mine in Brazil, and the Vermelho nickel-cobalt project, with the aim of being able to supply nickel and cobalt to the EV battery market. Both projects are 100% owned.
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Horizonte completes acquisition of Glencore's Araguaia assets
Completion means the Araguaia project is now one of the world’s largest nickel saprolite projects.
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