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.

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Horizonte Minerals PLC

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Post by MeltedXon Jan 20, 2021 9:31am

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Post# 32332420

Nickel And Cobalt!!

Horizonte Minerals is 100% owner of Araguaia (for Stainless Steel) and Vermelho (battery metals) in a Brazilian mining district. The company is in final stages of financing the capex for the first of these two mines(Araguaia). The current share price has a few multiples to the upside to be representative of a producing nickel supplier. This is ground floor for this company. Traded mainly on London AIM but also on the TSX where it is steadily gaining more interest and traction. If you understand where nickel and battery metals are headed.. this company should definitely be on your watch list!

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