Lifezone Metals

Lifezone Metals (NYSE: LZM) is committed to delivering cleaner and more responsible metals production and recycling. Through the application of our Hydromet Technology, we offer the potential for lower energy consumption, lower emissions and lower cost metals production compared to traditional smelting.

Our Kabanga Nickel Project in Tanzania is believed to be one of the world's largest and highest-grade development-ready nickel sulfide deposits. By pairing it with our Hydromet Technology, we are working to unlock a new source of nickel, copper and cobalt for the global battery metals markets and to empower Tanzania to achieve in-country beneficiation.

Through our US-based recycling partnership, we are working towards applying our Hydromet Technology to the recovery of platinum, palladium and rhodium from responsibly sourced spent automotive catalytic converters. Our process is expected to be cleaner and more efficient than conventional smelting and refining methods, supporting a circular economy for precious metals.

Management Profile

Ingo Hofmaier, Chief Financial Officer

Vast corporate finance, financial and risk management experience in global commodity markets across a diverse range of geographies, including Africa and the Americas. Over 20 years of experience as a market-facing finance executive in capital markets, financial reporting, tax, commercial contracts, project & corporate finance, and M&A and investment banking.

What are your key goals for the next 3, 6 and 12 months?

3 Months:

Completion of the process underway with Standard Chartered bank to secure Kabanga Nickel Project long-term strategic investment and/or partnership.

6 Months:

Advance pre-Final Investment Decision work activities and the project finance process for the Kabanga Nickel Project

12 Months:

Achieve the positive Final Investment Decision at the Kabanga Nickel project and commence construction.

What do you think makes your company such a compelling investment?

We are at a defining moment for Lifezone and the Kabanga Nickel Project having consolidated ownership of the Project, with full control of development and offtake. The recent Feasibility Study has confirmed Kabanga as a world-class, high-grade, low-cost nickel-copper-cobalt sulfide project with robust economics ($1.58B after-tax NPV, 23.3% IRR, 4.5-year payback), and globally competitive with first quartile AISC of $3.36/lb Ni (or $7,408/t Ni) net of Cu and Co credits.