Horizonte Minerals Plc, the nickel firm targeted on Brazil, is happy to announce that it has been awarded the development licence bundle for the event of the ability line for its 100% owned Araguaia Ferronickel Undertaking . The accredited bundle consists of the preliminary licence the development licence and the associated fauna and flora licences. These have been granted by the Pará State Environmental Company, …
Horizonte Minerals Plc, (AIM:HZM, TSX:HZM) (‘Horizonte’ or ‘the Firm’) the nickel firm targeted on Brazil, is happy to announce that it has been awarded the development licence bundle for the event of the ability line for its 100% owned Araguaia Ferronickel Undertaking (“Araguaia” or “the Undertaking”).
The accredited bundle consists of the preliminary licence (Licença Prévia), the development licence (Licença de Instalação), and the associated fauna and flora licences. These have been granted by the Pará State Environmental Company, Secretaria de Meio Ambiente e Sustentabilidade (‘SEMAS’).
This licence bundle permits the implementation of a 120km, 230KV energy line, and respective substation. The ability line will join Araguaia to the nationwide energy grid and can cowl the total energy requirement for the Undertaking at nameplate capability.
Horizonte CEO, Jeremy Martin, commented: “Araguaia is already totally permitted to begin development. The award of the ability licence bundle is a vital step in our path to manufacturing, and additional de-risks the Undertaking by securing the total energy requirement for industrial operation. The ability provide might be hydroelectric which is a key issue within the capability to provide a low CO 2 per tonne of product, in step with different Brazilian ferronickel producers, inserting Araguaia in the bottom half of carbon emitters globally for nickel manufacturing. We look ahead to updating the market on progress at Araguaia over the approaching months.”
For additional info, go to www.horizonteminerals.com or contact:
| Horizonte Minerals plc
Jeremy Martin (CEO)
Anna Legge (Company Communications)
+44 (0) 203 356 2901
| Peel Hunt (NOMAD & Dealer)
| +44 (0)20 7418 8900
About Horizonte Minerals:
Horizonte Minerals plc is an AIM and TSX-listed nickel growth firm targeted in Brazil. The Firm is growing the Araguaia mission, as the subsequent main ferronickel mine in Brazil, and the Vermelho nickel-cobalt mission, with the intention of having the ability to provide nickel and cobalt to the EV battery market. Each initiatives are 100% owned.
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