Company Moves Metals & Minerals News

Horizonte appoints Vincent Benoit as NED

Horizonte Minerals plc has appointed Vincent Benoit as non-executive director with immediate effect. Mr Benoit has more than 30 years’ corporate finance, business development and M&A experience in the mining, telecom and energy sectors. He identified the opportunity to buy La Mancha and joined the company as head of strategy & business development in 2012. […]

Metals & Minerals News

Horizonte buys $7m ferro-nickel processing equipment for Araguaia

Horizonte Minerals plc said it had acquired certain new and unused ferro-nickel processing equipment for approximately US$7 million for its project in Araguaia, Brazil. VENDORS The company’s subsidiary Araguaia Niquel Metais Ltda (ANM) entered into an asset purchase agreement with Companhia Brasileira de Alumínio (CBA), which is controlled by industrial and financial investment holding company […]

Metals & Minerals News

Horizonte secures $346.2m for Araguaia ferro-nickel

Horizonte Minerals plc announced credit approvals from five international financial institutions of up to US$346.2 million to fund the construction and development of its Araguaia ferro-nickel project in Brazil. TRANCHES The institutions are BNP Paribas Securities Corp; ING Capital LLC; Natixis, New York branch; Société Générale; and Swedish Export Credit Corporation. The syndicate is in […]