Equipment & Logistics Metals & Minerals News

110m rotary kiln arrives at Araguaia nickel project

Horizonte Minerals plc has received the 802-tonne rotary kiln after a four-month journey from factory to the Araguaia nickel project in northeast Brazil. LOGISTICS FLSmidth supplied the 110m long kiln after a 10-month design and build process. Following delivery to the Port of Outeiro in northern Brazil, the kiln was transhipped onto barges and transported down the […]

Metals & Minerals News

Horizonte advances Araguaia ahead of production

Horizonte Minerals plc has advanced its Araguaia nickel project by completing the earthworks, 95% of detailed engineering and progressing electro-mechanical installations at the site in northeast Brazil. PREPARATIONS The company remains on schedule for production in Q1 2024 with 50% of the Araguaia Line 1 construction programme now complete, on budget, and 90% of the total capital […]

Metals & Minerals News

Horizonte awards contracts to increase Araguaia production

Horizonte Minerals plc has awarded contracts aimed to increase nickel production by 100% to 29,000 tonnes per annum (TPA) over a 25-year mine life at its Araguaia project in northeast Brazil. OBJECTIVES The Line 2 feasibility study (FS) includes construction of a duplicate rotary kiln-electric furnace (RKEF) processing facility aimed to produce an NI 43-101 […]

Finance Metals & Minerals News

Horizonte draws down $50m from second tranche of senior debt

Horizonte Minerals has drawn down US$50 million from the second tranche of its senior debt facility of $346.2m to fund construction of its 100%-owned Araguaia nickel project in Brazil. REMAINING CAPITAL A total $465 million capital expenditure awarded to date has included payment for the majority of the key long lead items. The remaining project […]