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Lifezone Metals Announces Initiation of Project Financing Process for the Kabanga Nickel Project in Tanzania

Lifezone Metals Limited (LZM) 
Company Research Source: Business Wire
U.S. International Development Finance Corporation Provides Letter of Interest for Loan ApplicationSociete Generale Appointed as Lead Financial Advisor NEW YORK--(BUSINESS WIRE)--Lifezone Metals Limited’s (NYSE: LZM) Chief Executive Officer, Chris Showalter, is pleased to announce that Lifezone, in partnership with BHP, has formally commenced the project financing process for the Kabanga Nickel Project in Tanzania. In conjunction, Lifezone has received a Letter of Interest from the U.S. International Development Finance Corporation (DFC) that expressed DFC’s interest in considering the Project for loans as part of the Project’s financing package.Tanzanian Minister of Minerals, Hon. Anthony Mavunde, welcomed the news, saying: “The Kabanga Nickel Project is a model example of the Government of Tanzania’s commitment to fostering sustainable development and economic growth for the benefit of Tanzania and Tanzanians. We are delighted with the announcement that DFC has signed a Letter of Show less Read more
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