Lifezone Metals Advances Kabanga Nickel Project Toward 2026 Investment Decision

Reuters

2025/12/11

Lifezone Metals Advances Kabanga Nickel Project Toward 2026 Investment Decision

Lifezone Metals Ltd. has announced significant progress on the Kabanga Nickel Project in northwestern Tanzania, which is advancing toward a targeted Final Investment Decision $(FID)$ in 2026. The project has completed key execution readiness activities and remains fully funded for current operations following $75 million in capital raises in the second half of 2025. As part of the development, a 33-kilovolt power line is connecting the Kabanga camp to the regional power grid, supporting infrastructure for a planned 3.4 million tonnes per annum concentrator and associated facilities. The company is also finalizing its project labor plan, with 97% of current employees being Tanzanian nationals. Upcoming milestones include the mobilization of geotechnical drilling and procurement strategy finalization in early 2026, followed by major construction activities post-FID. Lifezone Metals is actively engaged in discussions with strategic and financial partners regarding potential investment and long-term partnerships for the project.

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: 20251211885509) on December 11, 2025, and is solely responsible for the information contained therein.

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ID: 20251211885509) on December 11, 2025, and is solely responsible for the information contained therein.</span></em>\n</div></body></html>\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"LZM","symbol_name":"Lifezone Holdings Ltd","start_time":0,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20251211:nNDL7tGF3:1","article_id":"2590948590","we_media_id":"1032215980","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2590948590","pubTimestamp":1765452618,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Reuters","introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"id":"1032215980","head_image":"https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48"},"summary":"Lifezone Metals Ltd. has announced significant progress on the Kabanga Nickel Project in northwestern Tanzania, which is advancing toward a targeted Final Investment Decision  in 2026. 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