AIM:HZM News - The Assay


Horizonte Minerals plc (AIM:HZM) is developing two 100% owned, tier-one projects in Parà state, Brazil – the Ferronickel Project and the Vermelho Nickel-Cobalt Project. Both projects are large scale, high-grade, low-cost, low-carbon and scalable. Araguaia is fully funded and in construction. The project will produce 29,000t of nickel per year to supply the stainless steel market. Vermelho is at feasibility study stage and will produce 25,000t of nickel and 1,250t of cobalt to supply the EV battery market. Horizonte’s combined near-term production profile of over approximately 60,000t of nickel per year positions the Company as a globally significant nickel producer.

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