Horizonte: nickel project at Brazil closer to beginning production

  • Tuesday, April 25, 2023
  • Source:ferro-alloys.com

  • Keywords:nickel, ore, steel
[Fellow]Horizonte Minerals said on April 24 it was on track to begin production at its Araguaia nickel mine in northern Brazil in the first quarter of 2024.
[Ferro-Alloys.com] 
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Horizonte:  nickel project at Brazil closer to beginning production

Horizonte Minerals said on April 24 it was on track to begin production at its Araguaia nickel mine in northern Brazil in the first quarter of 2024.
The company, which began building the operation in May last year, said the the Araguaia Line 1 was 50% completed as of March 30 this year.
Araguaia, which Horizonte bought from Glencore in 2015, will initially generate 14,500 tonnes of nickel a year, mostly destined to supply the stainless steel market. 
“With the award of the Line 2 Feasibility Study contracts, we are one step closer to delivering on this low capex project that will double nickel production,” chief executive Jeremy Martin said in the statement.
Araguaia is considered a key project to diversify Brazil’s mining sector, which is centred on iron ore.
 
  • [Editor:邢亚敏]

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