Our strategy is to unlock and secure world class deposits of metals, and license our patented technologies, including for the responsible recycling of precious metals. We will achieve this through a scalable, lower-emission processing solution that we believe will set new standards in metal production. Such objectives are essential in supporting greener energy, emissions reductions and a circular economy, all of which are in support of combating climate change and creating a more sustainable world.

Lifezone is driven by an aim to comply with the prevalent ESG standards and frameworks, and a commitment to sustainable value – from low energy processing technology, to creating shared value with Tanzania, to providing OEMs and other manufacturers with the assurance that our products support the growing trend and best practice of “responsible sourcing.”

Our mine-to-metal model means that we expect to perform all of our operations in Tanzania. We are evaluating the mining of high-grade mineralization from lower footprint underground mining methods, followed by beneficiation to produce a concentrate at Kabanga. This will be followed by transportation to Kahama, where it will be processed further using our propriety Hydromet Technology, to produce battery metals ready to be used around the world.

Tanzania is making significant investment in new infrastructure that will support the project, including building and upgrading new roads, rail and power networks.

The Hydromet Technology has the potential to produce nickel concentrate far removed from the conventional, energy-intensive pyrometallurgical processing route of smelting and refining. Lifezone Metals’ Hydromet Technology uses pressure oxidation and solvent extraction-electrowinning to extract valuable metals, with no melting of the rock.

This process will eliminate the need to export concentrate long distances to European or Asian smelters and refineries, thus reducing capital and operating costs with significantly less environmental impact, while maximizing value and returns within Tanzania.

Having a Hydromet refinery in Tanzania also eliminates the need to export concentrate over long distances to European, North American or Asian smelters and refineries for further processing, thus lowering the carbon footprint.1 The key benefits of this process are that it requires lower CAPEX and OPEX, reduces the carbon emissions from refining making it more environmentally friendly and can all be achieved at in-country for the benefit of the country.

1. Nickel downstream processing CO2 eq. emissions baseline from 2020 Nickel Institute LCA. Estimated Kabanga refinery expected emissions from internal Company analysis conditions in 2020. This assumes reagents not manufactured on-site.

We aim to be transparent as we play a key role in addressing urgent global issues such as climate change. We have taken the steps to develop an experienced leadership and project execution team equipped to set and deliver our strategy.

We have equipped ourselves with a skilled ESG team at a group and subsidiary level to ensure we embed ESG across our operations at all management levels.

These key benchmarks are being integrated into all decision-making and company structures.

  • Alignment with standards is informed by customer and stakeholder needs. OEMs are already looking at the asset, and their requirements will further inform our ESG and production approach.
  • Responsible sourcing requires verification. Our goal is to work towards our products being traceable and ethically produced via the Global Battery Alliance and the Global Battery Passport initiatives.
  • SASB, GRI, ESRS, TCFD and TNFD are key standards and frameworks which we are using to inform our approach to reporting on our impacts as a global resource.
  • Alignment with the UN’s Sustainable Development Goals, the World Bank’s Climate Smart Mining standards and relevant elements of the International Council for Metals and Mining’s guidelines.

Through our partnership with the Tanzanian Government, we hope to empower Tanzania to be the next premier source of battery grade nickel. Lifezone Metals will be a partner in the economic integration efforts of the organization comprising some 177 million people from Burundi, Kenya, Rwanda, South Sudan, Tanzania and Uganda.

From an economic and social perspective, the Kabanga Nickel Project will help position Tanzania to achieve the targets of , which prioritizes inclusive social and economic development. The Kabanga Nickel Project also seeks to ensure that significant value and flow-on benefits are retained within the country and promote wider regional economic transformation.