Horizonte Minerals PLC (AIM:HZM, TSX:HZM, OTC:HZMMF) told investors it has awarded Pöyry Tecnologia, a subsidiary of engineering group AFRY, the engineering, procurement and construction management (EPCM) contract for the Araguaia ferronickel project in Brazil.
It will see the AFRY company provide a comprehensive range of services across engineering, procurement, construction management, project management and commissioning.
“We are delighted to welcome AFRY, another world class partner to the team for the construction of the Araguaia project,” said Jeremy Martin, Horizonte chief executive.
“AFRY is a leader in its field and has a strong track record of successfully delivering metals and mining projects.
“We have been working with the local Pöyry team for several months in our project execution planning phase to ensure a smooth transfer to the construction phase of Araguaia. Araguaia will be delivered according to an EPCM strategy, in partnership with AFRY.”
Horizonte meanwhile assembled an experienced owner's team to work alongside AFRY – led by Mike Drake, Horizonte’s head of projects. The team will work closely with Pöyry to provide direction and governance.
Martin highlighted: “We have built out our owner's team with a focus on key individuals in the ferronickel space in Brazil, resulting in the company now having a very strong in-country team.
“The quality of the Araguaia project, the relevance of the nickel industry in the clean energy transition and Horizonte's high sustainability standards have enabled us to secure the industry's leading talent."