Lifezone Metals shares rise 9.73% after-hours following positive Initial Assessment for Kabanga Nickel Project.

Lifezone Metals Limited rose 9.73% in after-hours trading, following the announcement of the results from the Initial Assessment for its flagship Kabanga Nickel Project in northwest Tanzania. The assessment evaluates a vertically integrated mining, processing, and refining operation, commencing with a high-grade nickel sulfide underground mine and concentrator at the Kabanga site, followed five years later by a hydrometallurgical refinery at Kahama.