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Horizonte Minerals flags cost increase at Brazil nickel project

Cecilia Jamasmie | October 06, 2022 | 6:26 am Battery Metals Markets Latin America Copper Nickel 

Horizonte Minerals (AIM, TSX: HZM) said construction costs for its Araguaia nickel mine in northern Brazil have increased by 12.6% to $537 million, up from the previous $477 million estimate, due mostly to inflationary pressure. Horizonte started building the Araguaia nickel mine,...

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