Lifezone Metals Reports H1 2025 Results: EPS Rises to $0.03, G&A Expenses Down 16% Year-Over-Year

Reuters
Aug 12, 2025
Lifezone Metals Reports H1 2025 Results: EPS Rises to $0.03, G&A Expenses Down 16% Year-Over-Year

Lifezone Metals Ltd. $(LZM)$ has announced its unaudited consolidated interim financial results for the first half of 2025. The company reported basic earnings per ordinary share of $0.03, showing an improvement compared to the basic and diluted loss per share of $0.14 reported in the same period of 2024. General and administrative expenses decreased by 16% year-over-year, indicating better financial discipline. Lifezone Metals' cash and cash equivalents stood at $12.5 million as of June 30, 2025, down from $29.3 million at the end of 2024. The company has invested $127.4 million in the Kabanga Nickel Project, including acquisition-related costs. On the operational front, Lifezone Metals has made significant progress in its Kabanga Nickel Project. A Feasibility Study Technical Report Summary was filed on July 18, 2025, outlining an 18-year life of mine operation with a projected after-tax net present value of $1.58 billion and an after-tax internal rate of return of 23.3%. Pre-production capital expenditures are estimated to be $942 million. Additionally, Lifezone Metals has acquired BHP's 17% stake in Kabanga Nickel Limited, granting the company full control over the offtake, project financing, and development of Kabanga. The company has secured $60 million in bridge financing from Taurus to support early-stage development.

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