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Horizonte Minerals Plc

10:46 AM EST - Horizonte Minerals Plc : Provided an update on its operations covering its 100% owned flagship Araguaia nickel project. Horizonte is a multi-asset company focused on its objective of becoming a nickel producer. Final results of the Araguaia 43-101 Feasibility Study are being prepared and expected to be announced to the market in October 2018. Optimization around the plant layout, engineering design and process flow sheet now complete and resulting in considerable opportunities. Plant design has been modified to accommodate the potential expansion of a second Rotary Kiln Electric Furnace process line in the future after the first line is fully commissioned, providing flexibility to double the output of the operation. Horizonte Minerals Plc shares T.HZM are trading unchanged at $0.06.