Lifezone Metals Ltd., through its wholly-owned subsidiary Kabanga Nickel Limited, has secured a $60 million bridge loan facility from Taurus Mining Finance Fund No. 2, L.P. The loan is intended to advance the Kabanga Nickel Project in north-west Tanzania by funding critical early works and infrastructure development. The loan bears an interest rate of 9.25% per annum on drawn amounts, payable quarterly, and involves an arrangement fee and commitment fee on undrawn amounts. The loan is secured by Lifezone's interest in Kabanga Nickel Limited and other related assets. The facility has a maturity date of July 31, 2027, with an extension option. This financing is part of Lifezone's strategy to progress the Kabanga Nickel Project toward production, bridging the period until a Final Investment Decision expected in mid-2026. CEO Chris Showalter highlighted the importance of the loan in maintaining project momentum and the strategic partnership with Taurus.