Search Copying and distributing are prohibited without permission of the publisher
Email a friend
  • To include more than one recipient, please separate each email address with a semi-colon ';', to a maximum of 5

  • By submitting this article to a friend we reserve the right to contact them regarding Fastmarkets AMM subscriptions. Please ensure you have their consent before giving us their details.

Horizonte to buy Vale’s Vermelho project


Horizonte Minerals plc has reached an agreement with Vale SA to acquire its Vermelho nickel-cobalt project for $8 million.

There will be an initial cash payment of $150,000 upon signing of the acquisition and $1.85 million due on the second anniversary, with the balance on the sale of its first commercial product.

Have your say
  • All comments are subject to editorial review.
    All fields are compulsory.