Lifezone Metals Limited · NYSE:LZM
Lifezone Metals — 36th Annual ROTH Conference 2024
28 slides from Lifezone Metals's conference presentation, Mar 18, 2024
Slide 1: The supply chain solution for clean metals
The supply chain solution for clean metals 36th Annual ROTH Conference NYSE: LZM Dana Point, CA www.lifezonemetals.com March 17-19, 2024
Slide 2: Forward-looking statements
Forward-looking statements Certain statements made herein are not historical facts but may be considered “forward-looking statements” within the meaning of the Securities Act of 1933, as amended, the Securities Exchange Act of 1934, as amended and the “safe harbor” provisions under the Private Secur
Slide 3: Disclaimer
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 “Company”) and for no oth
Slide 4: Lifezone Metals | NYSE:LZM
Lifezone Metals | NYSE:LZM The supply chain solution for clean metals1 1 Hydromet Technology: an innovative method for metals extraction and recycling Strategic partnership with BHP to develop low-carbon nickel, copper and cobalt from the 2 Kabanga Nickel Project in Tanzania, one of the largest and
Slide 5: Benefits of Hydromet Technology
Benefits of Hydromet Technology Estimated up to 73% less CO2 Refined end-product expected to emissions 1,2 and zero SO2 translate into reduced freight costs emissions1 and related emissions Lower capital and operating In-country beneficiation expenses intended to increase value recognition, job crea
Slide 6: Kabanga & Kahama | Introduction
Kabanga & Kahama | Introduction One of the world’s largest and highest-grade undeveloped nickel sulfide deposits Kabanga is a globally significant deposit for nickel, copper and cobalt • LZM attributable mineral resources: • 43.6 million tonnes M&I grading 2.57% nickel equivalent1 • Includes 28.3 mi
Slide 7: A New Era for Mining and Investment in Tanzania
A New Era for Mining and Investment in Tanzania Significant momentum for foreign investment across mining and energy Strengthening ties between Tanzania and the United States • Vice President Kamala Harris visited Tanzania in March 20231 • Reflects the longer-term aims of the Partnership for Global
Slide 8: Kabanga & Kahama | Strategic Project Partnership with BHP
Kabanga & Kahama | Strategic Project Partnership with BHP Current Ownership Structure Government of Tanzania 83.0% 16.0% 84.0% 1.5%1 KABANGA NICKEL PROJECT & KAHAMA REFINERY 17.0% 14.3% indirect BHP Tranche 1 investment • 2021: BHP invested $10 million in Lifezone and $40 million in Kabanga Nickel2,
Slide 9: Kabanga & Kahama | Strategic Project Partnership with BHP
Kabanga & Kahama | Strategic Project Partnership with BHP Potential Future Ownership2,3,4 Government of Tanzania 39.3% 16.0% 84.0% 1.5%1 KABANGA NICKEL PROJECT & KAHAMA REFINERY 60.7% 51.0% indirect BHP Tranche 2 investment • Option to 60.7% of Kabanga Nickel following completion of the Definitive F
Slide 10: Kabanga | Expected First Quartile Cash Costs
Kabanga | Expected First Quartile Cash Costs Nickel industry C1 cash cost curve 20301 1 – Bespoke Nickel Market Outlook for Lifezone, a product of Wood Mackenzie, August 2022. The population is based on Wood Mackenzie's view on which current operations will be in production by 2030 and their base ca
Slide 11: Kabanga & Kahama | Expected Industry-Lowest CO2e Emissions Intensity
Kabanga & Kahama | Expected Industry-Lowest CO2e Emissions Intensity Nickel industry CO2e emissions curve 20301 1 – Bespoke Nickel Market Outlook for Lifezone, a product of Wood Mackenzie, August 2022. The population is based on Wood Mackenzie's view on which current operations will be in production
Slide 12: Kabanga | Large Resource with Exploration Upside
Kabanga | Large Resource with Exploration Upside Over 20 years and approximately $300 million invested in Kabanga Oblique long section showing mineralized zones and intercepts greater than 0.58% nickel equivalent1 (looking north-west) • More than 620 kilometers of historical drilling from over 40 ye
Slide 13: Kabanga | Nov '23 Mineral Resource Update Shows Significant Increase
Kabanga | Nov ’23 Mineral Resource Update Shows Significant Increase Overall attributable tonnes & grade: Feb ’23 MRE → Nov ’23 MRU Overall attributable tonnes & grade shown by mineralization type — Nov ‘23 MRU Measured and Indicated t Inferred t Measured and Indicated t Inferred t 17.5 Mt 2.79% Ni
Slide 14: Kabanga & Kahama | A Modern Metals Supply Chain Solution
Kabanga & Kahama | A Modern Metals Supply Chain Solution Kabanga: Well-connected to regional infrastructure • Existing camp with ~200 personnel capacity • ~340 km by road to Kahama • ~80 km from 220 / 33kV power substation in Nyakanzi • MOU with TANESCO for 220kV line to Kabanga Kahama: Development
Slide 15: Kahama | Direct Metals Refining with Low CO2e and Zero SO2 Emissions
Kahama | Direct Metals Refining with Low CO2e and Zero SO2 Emissions Nickel, copper and cobalt refinery designed utilizing established technologies Nickel Sulfide • LZM team has directly developed Concentrate from technology over +40 years of research Kabanga and implementation • Four main processin
Slide 16: USA Recycling | Joint Venture with Glencore
USA Recycling | Joint Venture with Glencore Decarbonizing the secondary metals supply chain Raw Materials Hydromet The Problem The Hydromet Solution1 Extraction Processing Multiple cycles of recycling via Potential to economically recycle smelting significantly increases critical metals with low emi
Slide 17: USA Recycling | Joint Venture with Glencore
USA Recycling | Joint Venture with Glencore Hydromet technology to recover precious metals from catalytic converters Responsible Platinum Group Metals (PGMs) recovery with a world-class partner • Hydromet Technology to demonstrate a faster, more efficient and less emissions-intensive method of recyc
Slide 18: Lifezone Metals | NYSE:LZM
Lifezone Metals | NYSE:LZM The supply chain solution for clean metals1 1 Hydromet Technology: an innovative method for metals extraction and recycling Strategic partnership with BHP to develop low-carbon nickel, copper and cobalt from the 2 Kabanga Nickel Project in Tanzania, one of the largest and
Slide 19: Evan Young, SVP: Investor Relations & Capital Markets
Evan Young, SVP: Investor Relations & Capital Markets evan.young@lifezonemetals.com
Slide 20: Appendix
Appendix Ei a
Slide 21: Lifezone Metals | Corporate Overview
Lifezone Metals | Corporate Overview Corporate overview Capitalization summary • Lifezone Metals (NYSE:LZM) commenced trading on July 6, 2023, following the Basic Shares Outstanding1 79,918,602 completion of the business combination of Lifezone Holdings Limited (“LHL”) with GoGreen Investments Corpo
Slide 22: Lifezone Metals | Leadership Team
Lifezone Metals | Leadership Team Keith Liddell Chris Showalter Ingo Hofmaier Dr. Mike Adams Gerick Mouton Founder & Chair Chief Executive Officer Chief Financial Officer Chief Technology Officer Chief Operating Officer • Chairman since 2008 when • CEO since 2019. 17+ years • Vast corporate finance,
Slide 23: Lifezone Metals | Board of Directors
Lifezone Metals | Board of Directors Keith Liddell John Dowd Beatriz Orrantia Robert Edwards Founder & Chair Non-Executive Director Non-Executive Director Non-Executive Director • Chairman since 2008 when Lifezone was • Brings decades of experience generating • Sustainability expertise as a consulta
Slide 24: Kabanga | Mineral Resource Update at November 30, 2023
Kabanga | Mineral Resource Update at November 30, 2023 • The Kabanga Nickel Project is currently Mineral Resource Attributable Grades Attributable Contained Metals 69.7% owned by Lifezone Metals and all Classification Tonnage (Mt) NiEq23 Nickel Copper Cobalt NiEq23 Nickel Copper Cobalt (%) (%) (%) (
Slide 25: Notes
Notes 25
Slide 26: Notes
Notes 26
Slide 27: Notes
Notes 27
Slide 28: lifezonemetals.com
lifezonemetals.com info@lifezonemetals.com lifezone-metals