BUZZ-Australia's Horizon Minerals soars after divestment of nickel project in Western Australia

Reuters

2025/11/14

BUZZ-Australia's Horizon Minerals soars after divestment of nickel project in <a href="https://laohu8.com/S/WER.AU">Western Australia</a>

** Shares of Horizon Minerals HRZ.AX rise as much as 9.7% to A$0.068, their highest level since October 27

** Gold producer's unit Poseidon Nickel Pty, to divestits Lake Johnston Project to Forestania Resources FRS.AX for A$35 million

** The Lake Johnston projectis a lithium and nickel exploration project located in Western Australia

** Funds from sale to be used to advance co's Black Swan nickel project in Western Australia

** HRZ gains 65% YTD, including day's moves

(Reporting by Sherin Sunny in Bengaluru)

((Sherin.Sunny@thomsonreuters.com;))

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