Horizonte cleared to start mining activities at Araguaia
Nickel developer Horizonte Minerals has received a mining approval permit for its 100%-owned Araguaia project, in Brazil, paving the way for mining activities to get under way.
“The approval allows ore to be mined and stockpiled with the aim of mitigating a key commissioning risk as part of our mine-to-mill strategy ahead of the plant startup next year,” says CEO Jeremy Martin.
Over the course of the next six months, stockpiles will be established, with sufficient ore to feed the plant for the subsequent six months, Horizonte reports.
The Pequizeiro pit, located 750 m from the plant site, will be the primary source of ore to Araguaia, supplying the first two years of the project's mine life and contributing over 50% of the mine production for the first ten years.
Araguaia is under construction with first metal scheduled for the first quarter of 2024. When fully ramped up, with Line 1 and Line 2, it is forecast to produce 29 000 t/y of nickel.
Horizonte also owns the Vermelho project, which is at feasibility study stage and is expected to produce 24 000 t/y of nickel and 1 250 t/y of cobalt to supply the electric vehicle battery market.
Horizonte's combined production profile of over 60 000 t/y of nickel.
Comments
Press Office
Announcements
What's On
Subscribe to improve your user experience...
Option 1 (equivalent of R125 a month):
Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format
Option 2 (equivalent of R375 a month):
All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors
including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.
Already a subscriber?
Forgotten your password?
Receive weekly copy of Creamer Media's Engineering News & Mining Weekly magazine (print copy for those in South Africa and e-magazine for those outside of South Africa)
➕
Recieve daily email newsletters
➕
Access to full search results
➕
Access archive of magazine back copies
➕
Access to Projects in Progress
➕
Access to ONE Research Report of your choice in PDF format
RESEARCH CHANNEL AFRICA
R4500 (equivalent of R375 a month)
SUBSCRIBEAll benefits from Option 1
➕
Access to Creamer Media's Research Channel Africa for ALL Research Reports on various industrial and mining sectors, in PDF format, including on:
Electricity
➕
Water
➕
Energy Transition
➕
Hydrogen
➕
Roads, Rail and Ports
➕
Coal
➕
Gold
➕
Platinum
➕
Battery Metals
➕
etc.
Receive all benefits from Option 1 or Option 2 delivered to numerous people at your company
➕
Multiple User names and Passwords for simultaneous log-ins
➕
Intranet integration access to all in your organisation