Lifezone Metals is a pre-revenue mining and technology company with two core assets: the Kabanga Nickel Project in Tanzania and a proprietary hydrometallurgical processing technology ("Hydromet Technology"). Kabanga is Lifezone's primary focus — an undeveloped nickel sulfide deposit that the company describes as one of the largest and highest-grade of its kind in the world. The plan is to build an underground mine and concentrator processing 3.4 million tonnes of ore per year at steady state, producing roughly 350,000 tonnes of high-grade nickel-copper-cobalt concentrate annually over an 18-year mine life, for sale to international smelters. Lifezone owns 84% of the project through subsidiary Kabanga Nickel Limited, with the Tanzanian government holding a 16% non-dilutable, free-carried interest. Lifezone recently bought back BHP's 17% stake, giving it full control of the project. The Hydromet Technology is Lifezone's proprietary chemistry-based alternative to conventional high-temperature smelting, which Lifezone aims to license and deploy in joint ventures. The most advanced application is a recycling partnership with Glencore to recover platinum group metals from spent automotive catalysts, currently in a pilot and feasibility phase. Lifezone is pre-production and pre-revenue, funded through equity and a $60M bridge loan from Taurus Mining Finance, with a Final Investment Decision targeted for 2026 and a construction capital requirement of roughly $942M.