The Federal Government’s Interministerial Committee for the Analysis of Strategic Minerals Projects (CTAPME) authorized the Araguaia project, owned by Araguaia Níquel Metais, a subsidiary of Horizonte Minerals, for the production of nickelinformed the Ministry of Mines and Energy this Thursday.
located in Forthe industrial plant will reach a total capacity of approximately 900 thousand tons of ore per year, according to the company, to produce 52,000 tonnes of ferronickel, containing 14,500 tonnes of nickel/year.
The qualification took place within the scope of the Strategic Pro-Minerals Policy, qualified in 2021 in the Investment Partnerships Program (PPI).
“The objective is to guarantee the supply of mineral goods on which Brazil depends on imports,” the ministry said in the note.
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Source: Moneytimes
I am a journalist with over 6 years of experience working in the news industry. I currently work as an author for Global Happenings, and my coverage focuses on Technology news. I have written for various publications, including Reuters, The New York Times and The Guardian.