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Horizonte Minerals now a developer of two 'world-class nickel assets'

Horizonte Minerals PLC's (LON:HZM) Jeremy Martin speaks to Proactive London's Andrew Scott soon after releasing the findings of a successful pre-feasibility study on its Vermelho project.

The PFS confirms a 'large, high-grade resource, with a long life and low-cost source of nickel sulphate for the battery industry.'

Martin also discusses the completion today of a US$25mln royalty transaction with Orion Mine Finance and the drawing down of the funds.

The cash will help fund the pre-construction work at its nickel plant at Araguaia in Brazil.

Quick facts: Horizonte Minerals PLC

Price: 8.55 GBX

AIM:HZM
Market: AIM
Market Cap: £123.92 m
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