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Horizonte Minerals awards more contracts at Araguaia in Brazil as feasibility study progresses

When up and running Araguaia is expected to produce 14,500 tonnes per annum (tpa) of nickel

picture of power lines
Contracts for the power lines have been awarded

Horizonte Minerals Plc  (LON:HZM TSX:HZM) has awarded another batch of contracts for the feasibiity study at its Araguaia nickel poreject in Brazil with some of the workstreams now more than 50% finished.

Contracts have now been awarded for the transports and logistics to Steinweg Handelsveem, for power lines and transmission to SM&A Electrics and to VCE Mine Consultancy for the legal permit report.

Work is also underway to upgrade probable reserves to the proven category as part of the feasibility study.

When up and running Araguaia is expected to produce 14,500 tonnes per annum (tpa) of nickel using the rotary kiln electric furnace technology.

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Price: 7.45 GBX

AIM:HZM
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Market Cap: £107.98 m
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Horizonte Minerals says completing aero survey for power line to Araguaia is...

Jeremy Martin, CEO of Horizonte Minerals Plc (LON:HZM, TSE:HZM) tells Proactive that detailed survey of the power line route to Araguaia project has been completed and contracts awarded to leading Brazilian consultants. “All of the subsidiary building blocks - the power, the water - are...

on 21/6/18

2 min read