Founded in 2006, Horizonte Minerals Plc is a UK-based Nickel development business engaged in developing two fully owned nickel project in Para state, Northern Brazil. The objective of the company to develop new nickel projects to sustainably deliver to the markets with deficit created by the clean energy transition. The company manufactures economical, low-carbon and ethical nickel products to deliver high value to its shareholders and other stakeholders. The company’s shares are listed on the Alternative Investment Market (AIM) of the London Stock Exchange as LON: HZM and the Toronto Stock Exchange with operations in Brazil.
The company operates two main projects that include Araguaia and Vermelho. Araguaia Nickel Project is fully owned by the company located in south of the Carajás Mining District in the Pará State, north Brazil, which is a Tier 1 mining project with a high grade scalable resources. The company is developing Araguaia into the next major ferronickel mine in Brazil, with targeted production by 2022. It has two principal mining centers that include Araguaia Nickel North (ANN) and Araguaia Nickel South (ANS). The ANS consist of seven deposits that include Vila Oito West, Pequizeiro, Jacutinga, Vila Oito East, Vila Oito and Pequizeiro West and ANN consist of the Vale do Sonhos deposit. For the project the Snowden Mining and Industry Consultants were appointed by the company to produce Mineral resources, Reserves and sections.
The Vermelho Nickel-Cobalt project was fully acquired by the company in December 2017, located in the Carajás Mining District in the Pará State, north east Brazil. The project is a high-grade scalable resource with well-developed infrastructure as a result of the sustained mining activity. The project has two hills deposit that include Vermelho 1 (V1) and Vermelho (V2), a third ultramafic body, Vermelho 3 (V3) is also located in the same trend, lies on flat terrain, southwest of V2. . For the project the Snowden Mining and Industry Consultants were appointed by the company to produce Mineral resources and the Mining sections of the PFS for the project.
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