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

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 is your rationale for taking part in 121 Mining Investment?

We are engaging with a wide array of investors following the release of the Kabanga Nickel Project Feasibility Study Technical Report Summary in July 2025.

What recent news would you like to highlight to investors attending?

September 02, 2025 - Lifezone Metals Closes $60 Million Bridge Loan from Taurus Mining Finance to Advance Kabanga Nickel Project

August 11, 2025 - Lifezone Metals Reports Half-Year 2025 Financial Results

August 11, 2025 - Lifezone Metals Secures $60 Million Bridge Loan from Taurus Mining Finance

July 18, 2025 - Lifezone Metals Files the Feasibility Study Technical Report Summary for the Kabanga Nickel Project in Tanzania

July 18, 2025 - Lifezone Metals Consolidates Control of the World-Class Kabanga Nickel-Copper-Cobalt Sulfide Project

June 20, 2025 - Lifezone Metals Publishes its 2024 Sustainability Report

June 02, 2025 - Lifezone Metals Files Initial Assessment for the Kabanga Nickel Project in Tanzania

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 see as the key risks and challenges facing your company at the moment and how are you overcoming these?

Geopolitical uncertainty and nickel supply pressure primarily from Indonesia.

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.

What are the top 3 key investor takeaways?

1. Kabanga Nickel Project: One of the largest and highest-grade development-ready nickel sulfide deposit.

2. Lifezone’s Hydromet Technology: A more sustainable, efficient, and cost-effective approach to metal refining and recycling.

3. Supportive partners: Taurus, Cinctive, BlackRock, GMO, U.S. DFC, Japan’s JOGMEC