Lifezone Metals Limited · NYSE:LZM
Lifezone Metals — Q3 2026 Earnings Presentation
15 slides from Lifezone Metals's earnings presentation, Oct 29, 2026
Slide 1: The Supply Chain Solution for Clean Metals
The Supply Chain Solution for Clean Metals Q3 2026 Financial Results Summary October 29, 2026 NYSE: LZM LIFEZONEMETALS.COM
Slide 2: Forward-Looking Statements
Forward-Looking Statements Certain statements contained in this Presentation are not historical facts but may be considered “forward-looking statements” within the meaning of the U.S. Securities Act of 1933, as amended, the U.S. Securities Exchange Act of 1934, as amended, and the “safe harbor” prov
Slide 3: Disclaimer & No Offer
Disclaimer & No Offer Disclaimer This presentation (this “Presentation”) is provided for informational purposes only and has been prepared to provide interested parties with certain information about Lifezone Metals Limited and its subsidiaries (collectively, “Lifezone”, “Lifezone Metals” or the “Co
Slide 4: On today's call
Lifezone Metals I NYSE:LZM On today's call: CHRIS SHOWALTER INGO HOFMAIER CHIEF EXECUTIVE CHIEF FINANCIAL OFFICER OFFICER NYSE: LZM 4 LIFEZONEMETALS.COM
Slide 5: Snapshot of the Global Nickel Market
Snapshot of the Global Nickel Market Prices have moderated since mid-year highs, and only partly recovered. Nickel price is Nickel prices cooled off as stock rose and RKAB quotas increased currently $16,040/t, up from YTD low of $15,019/t on 15 October but down from 14% increase to LME nickel price
Slide 6: Kabanga: Strategic Financing Initiatives
Kabanga: Strategic Financing Initiatives Short-term financing – $60M bridge loan from Taurus Mining Finance1 A total of $41.7 million out of the $60 million drawn to date, with $18.3 million remaining undrawn. Long-term strategic investment and partnership led by Standard Chartered Bank1 Negotiation
Slide 7: Kabanga: Advancing Execution Readiness
Kabanga: Advancing Execution Readiness Strengthened the Integrated Owner’s Team, drawing on a strong track record of delivering greenfield mining developments in Africa. Advanced execution planning and detailed engineering and design. All material permits required for current activities are in place
Slide 8: Kabanga Sustainability
Kabanga Sustainability Project Staffing 188 employees and contractors directly engaged. Recruitment of critical roles required ahead of FID. Occupational health, safety and security +3M hours with no lost-time injury at Kabanga. Zero health, safety, environmental, or security incidents reported. Env
Slide 9: World-class Infrastructure In Place and Growing
World-class Infrastructure In Place and Growing Power The Tanzania Power System Master Plan aims to increase national power generation capacity to 5GW (60% Hydro-power) from ~4GW. 80MW Rusumo Hydroelectric Power Station (c.60km from mine site – operating). A 33 kV overhead power line has been instal
Slide 10: Musongati Nickel Project in Burundi
Musongati Nickel Project in Burundi Meetings with key personnel from the ‘Office Burundais des Mines et Carrières’ ("OBM"), and site visits to the Project Area. Key engagements this quarter: • Meetings with former project owners underpinning previous mineral resource estimate from 20111. • Engagemen
Slide 11: PGM Autocat Recycling Project with Glencore
PGM Autocat Recycling Project with Glencore Demonstrating the industry’s first competitive Hydromet PGM recycling solution KEY MILESTONES Lifezone demonstrated the recovery of >99% platinum and palladium, targeting a >95% recovery Q1 2026 of rhodium, from spent Autocat material. Pilot campaign compl
Slide 12: Simulus Group
Simulus Group Simulus Group, delivering metallurgical test work and developing processing flowsheets Simulus Group provides every part of the project development value chain in-house, from metallurgical test work, through process simulation and engineering design, supported by technical consulting s
Slide 13: Q3 2026 Financial Results Summary
Q3 2026 Financial Results Summary For the nine months ended Cash Balance and liquidity: $22.2 million as at September 30, 2026, 30 September 2026 30 September 2025 compared to $20.1 million as at December 31, 2025. Liquidity was ~$40 $ $ million including $18.3 million in undrawn amounts under the s
Slide 14: Backed by Industry-Leading Partners, Investors and Governments
Backed by Industry-Leading Partners, Investors and Governments Project partners Shareholder composition (basic)1 Kabanga Nickel Project: Government of Tanzania Chair 7% 26% U.S.-based PGM Recycling Project: Glencore Early Investors Includes: Cinctive $60 million bridge loan facility (secured Aug 202
Slide 15: Q&A
Q&A lifezonemetals.com info@lifezonemetals.com lifezone-metals @LifezoneMetals NYSE: LZM LIFEZONEMETALS.COM