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Horizonte Minerals secures US$25mln royalty

Horizonte Minerals secures US$25mln royalty

Horizonte Minerals PLC (LON:HZM) (CVE:HZM) saw its shares rise this week following a US$25mln deal with investment firm Orion Mine Finance to develop its Araguaia nickel project in Brazil.

CEO Jeremy Martin tells Proactive London what the royalty news means for the company and what the next steps are for Horizonte bearing in mind current nickel prices.