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Stock impact report

Lifezone Metals Provides an Operational Update

Lifezone Metals Limited Ordinary Shares (LZM) 
Company Research Source: Business Wire
New Staging Plan for the Kabanga Nickel Project to Enhance Capital Efficiency and Optimize EconomicsKabanga Definitive Feasibility Study Expected to be Completed in Mid-Year 2025 NEW YORK--(BUSINESS WIRE)--Lifezone Metals Limited’s (NYSE: LZM) Chief Executive Officer, Chris Showalter, announces an operational update on recent activities at its Kabanga Nickel Project, located in northwest Tanzania, and its U.S.-based platinum, palladium and rhodium (“PGM”) recycling project.Highlights:New Kabanga staging plan: Following an evaluation of alternative scenarios, the Definitive Feasibility Study base case will include the initial construction of the full-scale 3.4 million tonnes per year underground mine and concentrator at Kabanga, followed by the construction of the Hydromet refinery at Kahama. This new plan aims to enhance capital efficiency and optimized project economics in response to challenging market conditions.Definitive Feasibility Study progress: The Kabanga Nickel Project D Show less Read more
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