Lifezone Metals Ltd. Advances Kabanga Nickel Project with Initial Assessment, Plans Feasibility Study Completion by July 2025

Reuters
02 Jun
Lifezone Metals Ltd. Advances Kabanga Nickel Project with Initial Assessment, Plans Feasibility Study Completion by July 2025

Lifezone Metals Ltd. has announced a significant milestone in the development of the Kabanga Nickel Project in Tanzania. The company has completed and publicly disclosed a technical-economic Initial Assessment in accordance with U.S. SEC Regulation S-K 1300. The assessment confirms the project's economic viability and highlights the robust technical foundation of the underground nickel sulfide mine and concentrator. Lifezone plans to commence operations at the Kabanga site, followed by a hydrometallurgical refinery at Kahama five years later. The Initial Assessment Technical Report Summary, prepared by DRA Projects and Sharron Sylvester, outlines the project's potential and has been filed with the U.S. Securities and Exchange Commission. Lifezone expects to finalize the funding package after the completion of the Feasibility Study in July 2025, aiming to deliver a project that is both economically resilient and operationally robust.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Lifezone Metals Ltd. published the original content used to generate this news brief via Business Wire (Ref. ID: 20250602829321) on June 02, 2025, and is solely responsible for the information contained therein.

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