Horizonte Minerals (AIM: HZM) (TSX: HZM) has paused most construction activities at its Araguaia nickel project in Brazil with the company continuing to seek new sources of funding as its cash resources are running out.
The United States and Indonesia on Monday will discuss how to advance a potential minerals partnership aimed a stimulating trade of the electric vehicle (EV) battery metal nickel, according to sources.
Indonesia has approved 38 out of 84 requests for mining quota revisions this year, a mining ministry official told a parliamentary committee on Monday.
Glencore announced on Monday it has reduced its nickel production guidance for this year by 9% to approximately 102,000 metric tons due to maintenance and strikes.
Horizonte Minerals Plc (AIM/TSX: HZM) (“Horizonte” or the “Company”), the nickel company developing two Tier 1 assets in Brazil, reports that construction activities continue to progress well at its Araguaia Nickel Project (“Araguaia” or “the Project”)...