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Horizonte Minerals now a developer of two 'world-class nickel assets'

Horizonte Minerals PLC's (LON:HZM) Jeremy Martin speaks to Proactive London's Andrew Scott soon after releasing the findings of a successful pre-feasibility study on its Vermelho project.

The PFS confirms a 'large, high-grade resource, with a long life and low-cost source of nickel sulphate for the battery industry.'

Martin also discusses the completion today of a US$25mln royalty transaction with Orion Mine Finance and the drawing down of the funds.

The cash will help fund the pre-construction work at its nickel plant at Araguaia in Brazil.

Quick facts: Horizonte Minerals PLC

Price: 3.8 GBX

AIM:HZM
Market: AIM
Market Cap: £54.96 m
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Horizonte Minerals CEO details 2020 priorities at its Araguaia and Vermelho...

Horizonte Minerals PLC's (LON:HZM) (TSX:HZM) Jeremy Martin looks  back on what's been an 'exciting and active' year at its projects in Brazil. ''There are very few new assets out there on the scale of Araguaia or Vermelho''.  ''Our key objectives for 2020 are the financing...

on 13/12/19

2 min read