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Lifezone Metals Secures $60 Million Bridge Loan for Kabanga Nickel Project

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Lifezone Metals Secures $60 Million Bridge Loan for Kabanga Nickel Project

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Lifezone Metals ( (LZM) ) has issued an update.

On August 11, 2025, Lifezone Metals announced that its subsidiary, Kabanga Nickel Limited, secured a $60 million bridge loan from Taurus Mining Finance to advance the Kabanga Nickel Project in Tanzania. This loan will fund early works and infrastructure development as the company moves towards long-term project financing. The loan agreement includes issuing warrants to Taurus and is secured by Lifezone’s interests in Kabanga Nickel Limited. The project is expected to be a significant contributor to the global battery metals market, with substantial economic benefits projected from its operations.

The most recent analyst rating on (LZM) stock is a Buy with a $14.00 price target. To see the full list of analyst forecasts on Lifezone Metals stock, see the LZM Stock Forecast page.

Spark’s Take on LZM Stock

According to Spark, TipRanks’ AI Analyst, LZM is a Neutral.

Lifezone Metals’ overall stock score is primarily impacted by its poor financial performance, characterized by persistent losses and negative cash flows. Technical analysis indicates a bearish trend, while valuation metrics are weak due to a negative P/E ratio. The absence of earnings call insights and corporate events further limits the potential for a positive outlook.

To see Spark’s full report on LZM stock, click here.

More about Lifezone Metals

Lifezone Metals is a company focused on delivering cleaner and more responsible metals production and recycling. Utilizing its Hydromet Technology, the company aims to reduce energy consumption, emissions, and costs compared to traditional smelting. The Kabanga Nickel Project in Tanzania, believed to be one of the world’s largest and highest-grade development-ready nickel sulfide deposits, is a significant part of their operations. Lifezone Metals is also involved in the recycling of platinum, palladium, and rhodium from spent automotive catalytic converters.

Average Trading Volume: 129,850

Technical Sentiment Signal: Sell

Current Market Cap: $341.8M

Find detailed analytics on LZM stock on TipRanks’ Stock Analysis page.

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