Lifezone Metals and Japan Organization for Metals and Energy Security (JOGMEC) Form Strategic Partnership for Kabanga Nickel Project
Lifezone Metals and Japan Organization for Metals and Energy Security (JOGMEC) Form Strategic Partnership for Kabanga Nickel Project
10/03/24, 10:32 AM
Location
new yorkIndustry
mineral
precious metals
mining
renewable energy
manufacturing
Type
partnership
Lifezone Metals Limited’s CEO announced the signing of a strategic partnership MOU with Japan Organization for Metals and Energy Security (JOGMEC) in support of JOGMEC’s efforts to secure cleaner metals from the Kabanga Nickel Project. The partnership aims to facilitate the supply of metals from Kabanga for Japan’s growing battery market, aligning with responsible mining practices and the global transition to clean energy.
Company Info
Location
new york, united states
Additional Info
At Lifezone Metals (NYSE: LZM), our mission is to provide cleaner and more responsible metals production and recycling. Using a scalable platform underpinned by our Hydromet Technology, we offer lower energy, lower emission and lower cost metals production compared to traditional smelting.
Our Kabanga Nickel Project in Tanzania is believed to be one of the world's largest and highest-grade undeveloped nickel sulfide deposits. By pairing with our Hydromet Technology, we are working to unlock a new source of LME-grade nickel, copper and cobalt for the global battery metals markets, and empower Tanzania to achieve full in-country value creation and become the next premier source of Class 1 nickel. A Definitive Feasibility Study for the project is due for completion by Q3 2024.
Through our US-based, platinum, palladium and rhodium recycling joint venture, we are working to demonstrate that our Hydromet Technology can process and recover platinum group metals from responsibly sourced spent automotive catalytic converters in a cleaner and more efficient way than conventional smelting and refining methods.
www.lifezonemetals.com