Horizonte Minerals Plc (AIM: HZM | TSX: HZM) has selected MIP Engenharia and Milplan Engenharia to provide the Electro-Mechanical installation services at Horizonte’s 100%-owned Araguaia Nickel Project.
Jeremy Martin, CEO of Horizonte Minerals, commented: “We are pleased to welcome Milplan Engenharia & MIP Engenharia, both world-class partners, to the team for the construction of Araguaia and we look forward to building a long-term relationship with them. MIP/Milplan have a proven track record of successfully delivering large projects in Brazil and across the mining sector, in particular a wealth of experience at a similar ferronickel project, having worked on Vale’s Onça Puma ferronickel mine.”
Following a competitive tender process that involved the leading industrial construction companies active in the mining sector, MIP/Milplan was selected by Horizonte as the preferred provider. MIP/Milplan has a strong track record and importantly, prior rotary kiln-electric furnace experience from Vale’s Onça Puma mine, a ferronickel mine with a similar processing flow sheet to Araguaia, and several other major mining projects in the Carajas region.
Horizonte has stated that MIP/Milplan is well placed to be able to provide access to a skilled workforce, which can be redeployed from projects that are being completed elsewhere in Pará, Brazil, further de-risking Araguaia’s development schedule.
Milplan Engenharia and MIP Engenharia have strong delivery track records, recently undertaking work at both Vale’s S11D and Anglo American’s Minas-Rio mine.
Mobilization of workforce already underway to begin furnace assembly activities on site at the company’s Araguaia project. The award of the Electro-Mechanical contract takes the level of committed spend over US$400M as part of the Araguaia development.
“This is another important step forward in the construction of Araguaia, further de-risking the Project’s timeline, which remains on schedule for first nickel in Q1 2024. With the award of every new contract, we take a step closer to our objective of becoming a global leader in primary nickel production.” Jeremy Added.
To find out more, please visit www.horizonteminerals.com
