Horizonte Minerals PLC

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Market Cap:
£47.01 m
3.25 GBX
52 weeks high
52 weeks low

In brief

Horizonte Minerals plc (AIM/TSX) is a nickel development company focused in Brazil, which wholly owns the advanced Araguaia ferronickel project and the Vermelho nickel-cobalt project, located to the south of the Carajás mineral district. The Company is developing Araguaia into the next major ferronickel mine in Brazil, with targeted production by 2022.

The Company has a strong institutional shareholder structure, including Teck Resources Limited, Canaccord Genuity Group, Richard Griffiths, Lombard Odier Asset Management (Europe) Limited, JP Morgan, Hargreaves Lansdown and Glencore, demonstrating that institutions recognise the true potential of the assets.

Deep dive We explore the investor case for growth companies


  • Construction permit granted for Araguaia ferronickel mine
  • Feasibili​ty study estimates value (NPV) at US$401mln
  • Building starts once funding of US$443mln is arranged
  • Vermelho project has NPV of US$1.7bn following PFS 

Insight Widest with the analysis, Proactive gives perspectives that others don't.

Horizonte Minerals looks well-funded to see through Covid-19 crisis, says ShoreCap

The analyst said he and many other industry watchers “have long shared the view that nickel prices should be significantly higher in the medium term, the billion dollar question being exactly how...

on 13/5/20