Lifezone Limited
Primary ticker: NYSE:LZM
Stage of development: Development
Primary minerals: Nickel, Copper, Cobalt
Project to promote: Kabanga Nickel Project
Project location: Tanzania
Website: www.lifezonemetals.com
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 undeveloped nickel sulfide deposits. By pairing it with our Hydromet Technology, we are working to unlock a new source of LME-grade nickel, copper and cobalt for the global battery metals markets, to empower Tanzania to achieve full in-country value creation and become the next premier source of Class 1 nickel.
Through our US-based recycling partnership, we are working to demonstrate that our Hydromet Technology can process and recover 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, enabling the circular economy for precious metals.
Cash: USD 63.5M
Debt: USD 50.4M
Major shareholders:
Keith Liddell – 30%
Peter Smedvig – 17%
Chris von Christierson – 13%
Kamberg Investments – 5%
Mike Adams – 5%
Management Ownership – 13%
Financials
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 is your rationale for taking part in 121 Mining Investment?
What recent news would you like to highlight to investors attending?
• Lifezone Metals Upgrades High-Grade Nickel Copper and Cobalt Mineral Resources at its Kabanga Nickel Project
• Lifezone Metals and Japan Organization for Metals and Energy Security (JOGMEC) Sign Memorandum of Understanding
• Lifezone Metals Announces Initiation of Project Financing Process for the Kabanga Nickel Project in Tanzania
• Lifezone Metals Initiates Process for Risk Insurance with U.S. International Development Finance Corporation for the Kabanga Nickel Project in Tanzania
• Lifezone Metals Produces First-Ever Nickel, Copper and Cobalt from Kabanga Nickel Project
• Lifezone Metals Closes Private Placement of US$50 Million of Unsecured Convertible Debentures
• Lifezone Metals Announces Receipt of Licence from Government of Tanzania for the Kabanga Nickel Project Multi-Metal Processing Facility at Kahama
• Lifezone Metals Announces Two-Phased Development Plan for the Kabanga Nickel Project in Tanzania
• Lifezone Metals Announces Discovery of Additional High-Grade Nickel Mineralization at Safari Link Area at its Kabanga Nickel Project in Tanzania
What are your key goals in 3 months, 6 months, 12 months?
3 Months:
Strategic partnership with BHP to develop the Kabanga Nickel Project in Tanzania –
one of the world’s largest and highest-grade undeveloped nickel sulfide deposits.
6 Months:
Partnership with Glencore to recycle platinum, palladium and rhodium in the
United States, enabling a circular economy for precious metals.
12 Months:
Applications of Hydromet Technology to other opportunities and delivering cleaner
metals for the battery and electric vehicle markets.
What do you see as the key risks and challenges facing your company at the moment and how are you overcoming these?
What do you think makes your company such a compelling investment?
What are the top 3 key investor takeaways?
2. Strategic partnership with BHP to develop the Kabanga Nickel Project in Tanzania – one of the world’s largest and highest-grade undeveloped nickel sulfide deposits.
3. Partnership with Glencore to recycle platinum, palladium and rhodium in the United States