Streetbeat News

HZMMF

Horizonte Minerals

http://horizonteminerals.com/

CEO

Jeremy Martin

Industry

Dimension Stone Mining and Quarrying

Open

0.00

Mkt cap

1.1M

Volume

9.9K

High

0.00

P/E Ratio

-0.13

52-wk high

0.23

Low

0.00

Div yield

N/A

52-wk low

0.00

Indonesia, under its new president Prabowo Subianto, is expected to continue its dominant nickel production policies, impacting global nickel prices and competitors. The country's approach has led to a price slump, affecting financing and operations of nickel projects worldwide, including those by Horizonte Minerals Plc, BHP Group Ltd., and Glencore. Indonesia's strategy of adding value domestically and attracting investments for an electric vehicle battery supply chain is likely to keep global markets flooded with cheap nickel.

Portfolio Pulse from Matt Whittaker

April 24, 2024 | 5:25 pm

All corporate logos and prices are for illustrative purposes only and are not a recommendation, an offer to sell, or a solicitation of an offer to buy any security.