• Connect with us
    • Information
      • About Us
      • Contact Us
      • Careers
      • Partnerships
      • Advertise With Us
      • Authors
      • Browse Topics
      • Events
      • Disclaimer
      • Privacy Policy
    • Australia
      North America
      World
    Login
    Investing News NetworkYour trusted source for investing success
    • North America
      Australia
      World
    • My INN
    Videos
    Companies
    Press Releases
    Private Placements
    SUBSCRIBE
    • Reports & Guides
      • Market Outlook Reports
      • Investing Guides
    • Button
    Resource
    • Precious Metals
    • Battery Metals
    • Base Metals
    • Energy
    • Critical Metals
    Tech
    Life Science
    Base Metals Market
    Base Metals News
    Base Metals Stocks
    • Base Metals Market
    • Base Metals News
    • Base Metals Stocks
    nickel investing

    Horizonte Releases Vermelho Update

    Scott Tibballs
    Oct. 10, 2018 08:41AM PST
    Base Metals Investing

    The CEO of the company said that Horizonte is advancing its recently acquired Vermelho project, a scalable high-grade nickel deposit which has the potential to supply raw materials into the battery industry.

    Horizonte Minerals (LSE,TSX:HZM) has released an update on its Vermelho nickel-cobalt project in the eastern part of the Carajás mining district of Brazil.

    As highlighted in the press release:

    • Test-work is underway at SGS Lakefield, Canada, on Vermelho limonite samples, with the objective of producing high purity nickel and cobalt sulphate suitable for the electric vehicle battery market
    • Initial tests show high nickel and cobalt extraction rates achieved on limonite samples
    • In addition, batch smelting test-work is being conducted on samples of transition and saprolite material from Vermelho at the KPM laboratory, Canada. This work aims to confirm its suitability to produce high grade ferro-nickel, which could potentially be treated at the Araguaia plant or a new standalone facility at Vermelho
    • Environmental baseline data collection has re-commenced at Vermelho as part of advancing the permitting process

    CEO of Horizonte, Jeremy Martin said:

    “Horizonte is advancing its recently acquired Vermelho project, a scalable high-grade nickel deposit which has the potential to supply raw materials into the battery industry. Two parallel streams of test-work are currently underway. The first, testing the limonite ore’s suitability for production of high purity nickel and cobalt sulphate to supply EV markets. The second, testing the saprolite ore as a feed into the planned Rotary Kiln Electric Furnace plant at Araguaia, or potentially into a standalone RKEF plant at Vermelho.”

    Click here to read the full Horizonte Minerals (LSE,TSX:HZM) press release.

    tsx:hzmnickel investingcarajásbrazil
    The Conversation (0)

    Go Deeper

    AI Powered
    Saga Metals (TSXV:SAGA)

    Saga Metals

    Homerun Resources (TSXV:HMR)

    Homerun Resources

    Latest News

    Trading Halt

    Joint Investor Presentation

    IsoEnergy to Acquire Toro Energy

    IsoEnergy to Acquire Toro Energy, Strengthening a Top-Tier Uranium Portfolio in a Rising Market

    VVC - Purchase of Ithaca 1-17 Well and 5 Mile Pipeline

    More News

    Outlook Reports world

    Resource
    • Precious Metals
      • Gold
      • Silver
    • Battery Metals
      • Lithium
      • Cobalt
      • Graphite
    • Energy
      • Uranium
      • Oil and Gas
    • Base Metals
      • Copper
      • Nickel
      • Zinc
    • Critical Metals
      • Rare Earths
    • Industrial Metals
    • Agriculture
    Tech
      • Artificial Intelligence
      • Cybersecurity
      • Gaming
      • Cleantech
      • Emerging Tech
    Life Science
      • Biotech
      • Cannabis
      • Psychedelics
      • Pharmaceuticals

    Featured Base Metals Investing Stocks

    FPX Nickel

    FPX:CA

    Ramp Metals

    RAMP:CC

    Grid Battery Metals

    CELL:CC

    Nordic Resources

    NNL:AU

    Canada Nickel Company

    CNC:CA

    Pivotal Metals

    PVT:AU
    More featured stocks

    Browse Companies

    Resource
    • Precious Metals
    • Battery Metals
    • Energy
    • Base Metals
    • Critical Metals
    Tech
    Life Science
    MARKETS
    COMMODITIES
    CURRENCIES