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Horizonte Minerals to advance its Vermelho project into the growing EV battery space

Horizonte Minerals PLC's (LON:HZM)(TSE:HZM) chief executive Jeremy Martin tells Proactive London's Andrew Scott test work on samples of limonite ore from the Vermelho nickel-cobalt project has shown they're able to produce a high purity product containing 21.8% cobalt.

Nickel sulphate was also produced as a solution, ready for purification to final battery grade product.

''This news today is really the catalyst to start seeing the level of interest in the market ... we've had a number of inbound inquiries and it'll be interesting to see how this project develops over the next 12 months'', Martin says.

Quick facts: Horizonte Minerals PLC

Price: 3.75 GBX

AIM:HZM
Market: AIM
Market Cap: £54.24 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