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 […]
Tag: Brazil
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 […]