Horizonte Minerals

Financials:

Primary ticker: AIM:HZM, TSX:HZM
Stage of development: Development
Primary minerals: Nickel
Project to promote: Araguaia & Vermelho
Project location: Brazil
Website: www.horizonteminerals.com

Horizonte Minerals plc is developing two 100% owned, tier one projects in Parà state, Brazil – the Araguaia Nickel Project and the Vermelho Nickel-Cobalt Project. Both projects are large scale, high-grade, low-cost, low-carbon and scalable. Araguaia is fully funded and in construction. The project will produce 29,000 tonnes of nickel per year to supply the stainless steel market. Vermelho is at feasibility study stage and will produce 25,000 tonnes of nickel and 1,250 tonnes of cobalt to supply the EV battery market. Horizonte’s combined near-term production profile of approximately 60,000 tonnes of nickel per year positions the Company as a globally significant nickel producer. Horizonte is developing a new nickel district in Brazil that will benefit from established infrastructure, including hydroelectric power available in the Carajás Mining District.

Major shareholders:
La Mancha – 19.96%
Orion Resource Partners – 14.88%
Canaccord Genuity WM – 7.45%
Hargreaves Lansdown – 7.29%
Interactive Investor – 5.77%
Management Ownership – 1%

Management Profile

Jeremy Martin – CEO
Jeremy holds a degree in Mining Geology from the Camborne School of Mines, and a Master’s Degree in mineral exploration from the University of Leicester. He has worked in South America, Central America and Europe, where he was responsible for grassroots regional metalliferous exploration programs through to resources definition and mine development. Jeremy has established a number of JV partnerships with major mining companies and has been involved in the formation of four AIM and TSX traded companies. He has served on a number of public company boards and is a member of the Society of Economic Geologists and the Institute of Mining Analysts.

What is your rationale for taking part 121 Mining Investment?

Increase awareness of the Horizonte story

What recent news would you like to highlight to investors attending?

9 December – Acquisition of ferronickel processing equipment
23 November – $633M funding package for the development of Araguaia