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Horizonte Minerals' Jeremy Martin upbeat on financing prospects for Araguaia

Published: 10:02 29 Oct 2018 EDT

Jeremy Martin, chief executive of Horizonte Minerals Plc (LON:HZM), spoke to Proactive London's Andrew Scott following the release of a feasibility study on their Araguaia nickel project in Brazil's Pará State.

The study shows over a 28-year mine life Araguaia will generate US$1.6bn in cash flow, with the potential to go even beyond that.

The feasibility study worked to a design that allows for future construction of a second rotary kiln electric furnace process line, with the potential to double production capacity from 14,500 tonnes per year nickel up to 29,000 tonnes.

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