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Share Price: 0.325

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Change: 0.00 (0.00%)

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Prev. Close: 0.325

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IN BRIEF: Horizonte Minerals says Araguaia project under construction

Thu, 15th Jun 2023 14:23

Horizonte Minerals PLC - Nickel company developing two assets in Brazil - Says as of May 31, the Araguaia Nickel project is 58% complete. Says multiple construction work fronts are now open, including the primary and secondary crushers, homogenisation building, dryers, rotary kiln, electric arc furnace, 230 kilovolt power line, and power substation. In April, the firm said it remained on-budget with 90% of the total capital awarded as at March 31.

Current stock price: 140.99 pence each, flat on Thursday afternoon in London

12-month change: down 1.8%

By Xindi Wei, Alliance News reporter

Comments and questions to newsroom@alliancenews.com

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Horizonte moves towards construction at Araguaia

(Sharecast News) - Brazil-focussed nickel company Horizonte Minerals updated the market on operations at the Araguaia Nickel Project on Friday, which was moving towards construction.

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