US EditionLifezone Metals Ltd. (NYSE:LZM) - Advancing the Tier-One Kabanga Nickel Project in Tanzania - Research Portal
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Lifezone Metals Ltd. (NYSE:LZM) - Advancing the Tier-One Kabanga Nickel Project in Tanzania - Research Portal
We are initiating coverage on Lifezone Metals Ltd. (NYSE:LZM) with a BUY rating and US$12.50 target price. Lifezone is focused on advancing its flagship, 69.7%-owned Kabanga Ni project in Tanzania. BHP (ASX:BHP, Not Rated) has invested $100M in Lifezone and Kabanga to date and has an option to increase its ownership to 51% in the project. Kabanga features robust economics and a 3.4B lb NiEq resource with grades averaging >2% NiEq with further pot
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