Horizonte Minerals Plc, (AIM: HZM | TSX: HZM) has announce the award of an engineering, procurement, and construction management (EPCM) contract for the construction of its 100% owned Araguaia ferronickel project to Pöyry Tecnologia Ltda, the Brazilian subsidiary of global engineering services firm AFRY.
In line with the award of the EPCM contract, Horizonte has been building an experienced owner’s team to work alongside AFRY. The project leadership team is now complete and mobilized at both the company’s Belo Horizonte and Conceição do Araguaia offices.
The owner’s team will work closely with Pöyry, providing direction and governance. Pöyry has been working with the company since Q3 2021, undertaking early works and other execution preparation phase services.
Horizonte CEO, Jeremy Martin commented: “We are delighted to welcome AFRY to the team for the construction of our Araguaia project. AFRY is has a strong track record of successfully delivering metals and mining projects. We have been working with the local Pöyry team for several months in our project execution planning phase to ensure a smooth transfer to the construction phase of Araguaia. Araguaia will be delivered according to an EPCM strategy, in partnership with AFRY. The Horizonte owner’s team will be integrated into the AFRY team with clear roles and responsibilities which is standard practice in Brazil.”
For further information please visit: https://horizonteminerals.com/uk/en/
