Horizonte Minerals plc has chosen Wood plc for the principal engineering contract to conduct the feasibility study (FS) for its Vermelho nickel-cobalt project in the Pará State, northeast Brazil. VERMELHO Vermelho lies in the Carajás mining district which has developed infrastructure and hydroelectric power as a result of sustained mining activities. The company’s flagship nickel […]
Tag: Araguaia – Brazil
Horizonte expects total capex rise to $537m for Araguaia
Horizonte Minerals plc said a 12.6% rise in costs along with engineering improvements would see total capital expenditure rise to U$537 million for its Araguaia nickel project in Brazil. INFLATION As at the end of September 2022, overall operations had progressed by 16% and engineering by some 71%. Chief executive Jeremy Martin said that since […]
Araguaia approved as strategic minerals project
Horizonte Mineral plc said it would have a priority from Brazilian agencies for the construction and operation of the Araguaia nickel project. IMPORTANCE The move is a consequence of Brazil’s approval of Araguaia as a strategic minerals project, which will also see support from an inter-ministerial committee. “The selection of the Araguaia nickel project as […]
Horizonte agrees community training for Araguaia
Horizonte Minerals plc has signed an agreement with Brazil’s national industrial training provider to train host communities in skills for the Araguaia nickel project. AGREEMENT The company said that the two-year agreement with Serviço Nacional de Aprendizagem Industrial (SENAI) was a key component of Araguaia’s local content initiative. The partners will train and develop local community […]
Horizonte publishes 2021 sustainability report
Horizonte Minerals plc has published its 2021 sustainability report prepared in accordance with the Global Reporting Initiative Standards ‘Core’ option for its nickel operations in Brazil. SAFETY The report is the company’s third and covers issues such as environment, safety, health and communities. Horizonte recorded no lives lost to Covid-19 or from injuries due to […]
Horizonte breaks ground at Araguaia nickel project
Horizonte Minerals plc has started construction and broken ground at its flagship Araguaia nickel project in Brazil. TIME FRAME The company held a ceremony yesterday, 18 May, for the milestone marking the transition from development to the construction phase. Horizonte said that the tier 1 project had a 24-month construction time frame with Stage 1 […]