Lifezone Metals Limited · NYSE:LZM
Lifezone Metals — Q1 2026 Earnings Presentation
14 slides from Lifezone Metals's earnings presentation, Apr 30, 2026
Slide 1: Lifezone Metals Announces Q1 2026 Financial Results
Lifezone Metals Announces Q1 2026 Financial Results Summary April 30, 2026 New York (USA) – Lifezone Metals Limited’s (NYSE: LZM) Chief Executive Officer, Chris Showalter and Chief Financial Officer, Ingo Hofmaier, announce the Q1 2026 Financial Results Summary, available on Edgar and the Company’s
Slide 2: Q1 2026 corporate highlights and key activities
• Lifezone Metals reported a cash balance of $15.3 million as of March 31, 2026, compared to $20.1 million as of December 31, 2025. • Cash usage from investing activities during Q1 2026 amounted to $6.2 million, with $6.3 million invested in the Kabanga Nickel Project. • Revenue for Q1 2026 was $1.2
Slide 3: Project financing progress for Kabanga
Figure 1: Lifezone Metals CEO Chris Showalter met with Hon. Balozi Khamis Mussa Omar, Tanzania’s Minister of Finance, and senior government officials in Washington, D.C., during the 2026 IMF/WBG Spring Meetings • The U.S. DFC completed its due diligence with further funding workstreams progressing.
Slide 4: Kabanga due diligence site visit, offtake and insurance
Figure 2: Lifezone hosted a technical and environmental and social due diligence site visit at the Kabanga Nickel Project in Tanzania including stakeholder engagement with the communities • Several long-term concentrate off-take negotiations are well advanced. • International and local insurance bro
Slide 5: Technical and operational progress at Kabanga
Figure 3: Acting U.S. Ambassador to Tanzania, Andrew Lentz and his delegation at the Kabanga Site Technical and Operational Progress: • Pre-FID site geotechnical investigations to support detailed design and early works topographical readiness advanced, including the completion of 163 test pits acro
Slide 6: Production water borehole drilling at Kabanga Site
Figure 4: Production water borehole drilling at Kabanga Site, 132m deep, providing a yield of 28,000 L/H • The dual-train milling technical note was completed, and value engineering continued to support FEED and site and mining surface infrastructure development. • Progress continued on the 220kV TA
Slide 7: Procurement, execution readiness and permits
Figure 5: AGS leveling task through the 220Kv transmission line to determine the ground profile for angle point No.29 at Nyakanazi substation • Procurement and contract readiness advanced materially, with 52 critical path Expressions of Interest approved by the Mining Commission and 45 released to m
Slide 8: Occupational Health and Safety, Environment and Social Performance Progress
Occupational Health and Safety, Environment and Social Performance Progress: • Zero health, safety, environmental, or security incidents were reported, with +2.7 million hours worked without a lost time injury at Kabanga, with 230 employees and contractors directly engaged by Kabanga Nickel Project
Slide 9: Community and resettlement activities at Kabanga
Figure 7: Tembo Nickel donating gas stove sets to mothers at the Nyamiaga Hospital maternity ward and Nazareth Orphanage Centre in Ngara as part of International Women’s Day 2026 • Additional key resettlement activities continued, including community stakeholder engagement; resettlement working grou
Slide 10: Life Cycle Assessment and Musongati exclusivity agreement
Figure 8: Tembo Nickel conducting groundwater sample collections at a Kabanga borehole for Q1 2026 • An ISO-compliant Life Cycle Assessment for the Kabanga Nickel Project was completed in the quarter, confirming a low climate change emission impact for the production of nickel concentrate, with a se
Slide 11: Musongati agreement and PGM Recycling Project
approximately 200 km, southwest of the Kabanga Nickel Project in Tanzania, and the agreement reflects Lifezone’s strategy to evaluate and potentially consolidate significant nickel resources within the Kabanga–Musongati alignment. Figure 9: Official signing of an exclusivity agreement with the Gover
Slide 12: Simulus Laboratories
Simulus Laboratories: • Continued with pilot testwork and progressed on the engineering study for Lifezone Metals’ PGM Recycling Project, successfully producing high-purity platinum, palladium, and rhodium intermediates from spent Autocat material. • Simulus Laboratories shifted focus to external re
Slide 13: Contact
Contact Investor Relations Ingo Hofmaier Chief Financial Officer ingo.hofmaier@lifezonemetals.com If you would like to sign up for Lifezone Metals news alerts, please register here. Social Media LinkedIn | X | YouTube About Lifezone Metals Lifezone Metals (NYSE: LZM) is committed to delivering clean
Slide 14: Forward-looking statements
approach to environmental stewardship, social responsibility, safety and governance (ESG), and other statements that are not historical facts. These statements are based on the current expectations of Lifezone Metals’ management and are not predictions of actual performance. These forward-looking st