Horizonte Minerals PLC Announces Q1 Financial Results - Seite 2

For further information, visit www.horizonteminerals.com or contact:

Horizonte Minerals plc

Jeremy Martin (CEO)

Simon Retter (CFO)

[e-mail]

[phone]

Peel Hunt LLP (Nominated Adviser & Joint Broker)

Ross Allister

David McKeown

[phone]

BMO (Joint Broker)

Thomas Rider

Pascal Lussier Duquette

Andrew Cameron

[phone]

Tavistock (Financial PR)

Jos Simson

Cath Drummond

[phone]

ABOUT HORIZONTE MINERALS

Horizonte Minerals plc (AIM & TSX: HZM) is developing two 100%-owned, Tier 1 projects in Parà state, Brazil - the Araguaia Nickel Project and the Vermelho Nickel-Cobalt Project. Both projects are large scale, high-grade, low-cost, low-carbon and scalable. Araguaia is fully funded and in construction. The project will produce 29,000 tonnes of nickel per year to supply the stainless steel market. Vermelho is at feasibility study stage and will produce 25,000 tonnes of nickel and 1,250 tonnes of cobalt to supply the EV battery market. Horizonte's combined near-term production profile of over 50,000 tonnes of nickel per year positions the Company as a globally significant nickel producer. Horizonte is developing a new nickel district in Brazil that will benefit from established infrastructure, including hydroelectric power available in the Carajás Mining District.

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SOURCE: Horizonte Minerals PLC

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