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Horizonte Minerals PLC HZMMF

Metals & Mining Industrial Metals & Minerals
Horizonte Minerals Plc is a United Kingdom-based nickel company. The Company is focused on developing two tier one projects in Para State, Brazil. Its projects include Araguaia Nickel Project and the Vermelho Nickel-Cobalt Project. Its 100% owned Araguaia Nickel Project is located south of the Carajas Mining District in Para State, north Brazil. The project has two principal mining centers: Araguaia Nickel South (ANS) and Araguaia Nickel North (ANN). ANS hosts seven deposits: Pequizeiro, Baiao, Pequizeiro West, Jacutinga, Vila Oito East, Vila Oito West, and Vila Oito, while ANN hosts the Vale do Sonhos deposit. Its 100% owned Vermelho Nickel-Cobalt project is located in the Carajas Mining District in Para State, northeast Brazil. The Vermelho nickel deposits consist of two hills named V1 and V2. The Company’s Vermelho Project is expected to produce 25,000 tons of nickel and 1,250 tons of cobalt to supply the electric vehicle (EV) battery market.


GREY:HZMMF - Post by User

Horizonte Minerals PLC
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Post by maverick247on May 09, 2018 9:05am
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Post# 28003315

117% increase in cobalt at Vermelho

117% increase in cobalt at Vermelho HZM Vermelho NI-43-101 resource update - they have 117% increase in #cobalt resource to 94k tonnes and around 60% increase in #nickel - at todays prices thats around $29bn of contained metals value https://www.londonstockexchange.com/exchange/news/market-news/market-news-detail/HZM/13633727.html
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