false0001958217--12-31Q2.3333.666647.756504.03.00.08338.0012.0017.598.5iso4217:USDiso4217:USDxbrli:sharesutr:Tlzm:patentlzm:applicationlzm:countryutr:kmxbrli:purexbrli:sharesiso4217:GBPiso4217:TZSutr:Dlzm:derivativelzm:equity_instrumentiso4217:AUD00019582172025-01-012025-06-3000019582172024-01-012024-06-3000019582172025-06-3000019582172024-12-310001958217ifrs-full:IssuedCapitalMember2023-12-310001958217ifrs-full:SharePremiumMember2023-12-310001958217ifrs-full:ReserveOfSharebasedPaymentsMember2023-12-310001958217ifrs-full:WarrantReserveMember2023-12-310001958217ifrs-full:OtherReservesMember2023-12-310001958217lzm:ForeignCurrencyTranslationReserveMember2023-12-310001958217lzm:RedemptionReserveMember2023-12-310001958217ifrs-full:RetainedEarningsMember2023-12-310001958217ifrs-full:EquityAttributableToOwnersOfParentMember2023-12-310001958217ifrs-full:NoncontrollingInterestsMember2023-12-3100019582172023-12-310001958217ifrs-full:IssuedCapitalMember2024-01-012024-06-300001958217ifrs-full:SharePremiumMember2024-01-012024-06-300001958217ifrs-full:EquityAttributableToOwnersOfParentMember2024-01-012024-06-300001958217ifrs-full:OtherReservesMember2024-01-012024-06-300001958217ifrs-full:NoncontrollingInterestsMember2024-01-012024-06-300001958217ifrs-full:RetainedEarningsMember2024-01-012024-06-300001958217lzm:ForeignCurrencyTranslationReserveMember2024-01-012024-06-300001958217ifrs-full:IssuedCapitalMember2024-06-300001958217ifrs-full:SharePremiumMember2024-06-300001958217ifrs-full:ReserveOfSharebasedPaymentsMember2024-06-300001958217ifrs-full:WarrantReserveMember2024-06-300001958217ifrs-full:OtherReservesMember2024-06-300001958217lzm:ForeignCurrencyTranslationReserveMember2024-06-300001958217lzm:RedemptionReserveMember2024-06-300001958217ifrs-full:RetainedEarningsMember2024-06-300001958217ifrs-full:EquityAttributableToOwnersOfParentMember2024-06-300001958217ifrs-full:NoncontrollingInterestsMember2024-06-3000019582172024-06-300001958217ifrs-full:IssuedCapitalMember2024-12-310001958217ifrs-full:SharePremiumMember2024-12-310001958217ifrs-full:ReserveOfSharebasedPaymentsMember2024-12-310001958217ifrs-full:WarrantReserveMember2024-12-310001958217ifrs-full:OtherReservesMember2024-12-310001958217lzm:ForeignCurrencyTranslationReserveMember2024-12-310001958217lzm:RedemptionReserveMember2024-12-310001958217ifrs-full:RetainedEarningsMember2024-12-310001958217ifrs-full:EquityAttributableToOwnersOfParentMember2024-12-310001958217ifrs-full:NoncontrollingInterestsMember2024-12-310001958217ifrs-full:IssuedCapitalMember2025-01-012025-06-300001958217ifrs-full:SharePremiumMember2025-01-012025-06-300001958217ifrs-full:EquityAttributableToOwnersOfParentMember2025-01-012025-06-300001958217ifrs-full:WarrantReserveMember2025-01-012025-06-300001958217ifrs-full:OtherReservesMember2025-01-012025-06-300001958217ifrs-full:NoncontrollingInterestsMember2025-01-012025-06-300001958217ifrs-full:RetainedEarningsMember2025-01-012025-06-300001958217lzm:ForeignCurrencyTranslationReserveMember2025-01-012025-06-300001958217ifrs-full:IssuedCapitalMember2025-06-300001958217ifrs-full:SharePremiumMember2025-06-300001958217ifrs-full:ReserveOfSharebasedPaymentsMember2025-06-300001958217ifrs-full:WarrantReserveMember2025-06-300001958217ifrs-full:OtherReservesMember2025-06-300001958217lzm:ForeignCurrencyTranslationReserveMember2025-06-300001958217lzm:RedemptionReserveMember2025-06-300001958217ifrs-full:RetainedEarningsMember2025-06-300001958217ifrs-full:EquityAttributableToOwnersOfParentMember2025-06-300001958217ifrs-full:NoncontrollingInterestsMember2025-06-300001958217lzm:KabangaNickelLimitedMember2025-06-300001958217ifrs-full:MajorBusinessCombinationMemberlzm:KabangaNickelLimitedMember2025-07-180001958217lzm:KabangaNickelLimitedMember2025-01-012025-06-300001958217lzm:TemboNickelCorporationLimitedTNCLMemberlzm:GovernmentOfTanzaniaMember2025-01-012025-06-300001958217lzm:TemboNickelCorporationLimitedTNCLMemberlzm:KabangaNickelLimitedMember2025-01-012025-06-300001958217lzm:BHPMemberifrs-full:MajorBusinessCombinationMemberlzm:KabangaNickelLimitedMember2025-07-180001958217ifrs-full:MajorBusinessCombinationMemberlzm:KabangaNickelLimitedMember2025-07-182025-07-180001958217ifrs-full:MajorBusinessCombinationMemberlzm:KabangaNickelLimitedMember2025-07-180001958217ifrs-full:MajorBusinessCombinationMemberlzm:KabangaNickelLimitedMemberlzm:FirstDeferredCashPaymentMember2025-07-182025-07-180001958217ifrs-full:MajorBusinessCombinationMemberlzm:FirstDeferredCashPaymentMember2025-07-182025-07-180001958217ifrs-full:MajorBusinessCombinationMemberlzm:KabangaNickelLimitedMemberlzm:SecondDeferredCashPaymentMember2025-07-182025-07-180001958217ifrs-full:MajorBusinessCombinationMemberlzm:SecondDeferredCashPaymentMember2025-07-182025-07-180001958217lzm:LifezoneRecyclingUSLLCMemberlzm:LifezoneAndGlencoreMember2024-01-012024-01-310001958217lzm:LifezoneRecyclingUSLLCMemberlzm:LifezoneAndGlencoreMember2025-05-012025-05-310001958217lzm:LifezoneRecyclingUSLLCMemberlzm:GlencoreMember2025-01-012025-06-300001958217lzm:LifezoneRecyclingUSLLCMemberlzm:GlencoreMember2024-01-012024-06-300001958217lzm:LifezoneHoldingsLimitedMember2025-01-012025-06-300001958217lzm:LifezoneHoldingsLimitedMember2024-01-012024-12-310001958217lzm:LifezoneLimitedMember2025-01-012025-06-300001958217lzm:LifezoneLimitedMember2024-01-012024-12-310001958217lzm:LifezoneUSHoldingsLimitedMember2025-01-012025-06-300001958217lzm:LifezoneUSHoldingsLimitedMember2024-01-012024-12-310001958217lzm:LifezoneHoldingsUSLLCMember2025-01-012025-06-300001958217lzm:LifezoneHoldingsUSLLCMember2024-01-012024-12-310001958217lzm:LifezoneServicesUSLLCMember2025-01-012025-06-300001958217lzm:LifezoneServicesUSLLCMember2024-01-012024-12-310001958217lzm:LifezoneRecyclingUSLLCMember2025-01-012025-06-300001958217lzm:LifezoneRecyclingUSLLCMember2024-01-012024-12-310001958217lzm:LZServicesLimitedMember2025-01-012025-06-300001958217lzm:LZServicesLimitedMember2024-01-012024-12-310001958217lzm:KabangaHoldingsLimitedMember2025-01-012025-06-300001958217lzm:KabangaHoldingsLimitedMember2024-01-012024-12-310001958217lzm:KabangaNickelCompanyLimitedMember2025-01-012025-06-300001958217lzm:KabangaNickelCompanyLimitedMember2024-01-012024-12-310001958217lzm:KabangaNickelLimitedMember2024-01-012024-12-310001958217lzm:KageraMiningCompanyLimitedMember2025-01-012025-06-300001958217lzm:KageraMiningCompanyLimitedMember2024-01-012024-12-310001958217lzm:LifezoneAsiaPacificPtyLtdMember2025-01-012025-06-300001958217lzm:LifezoneAsiaPacificPtyLtdMember2024-01-012024-12-310001958217lzm:SimulusGroupPtyLimitedMember2025-01-012025-06-300001958217lzm:SimulusGroupPtyLimitedMember2024-01-012024-12-310001958217lzm:SimulusPtyLimitedMember2025-01-012025-06-300001958217lzm:SimulusPtyLimitedMember2024-01-012024-12-310001958217lzm:RomanexInternationalLimitedMember2025-01-012025-06-300001958217lzm:RomanexInternationalLimitedMember2024-01-012024-12-310001958217lzm:TemboNickelCorporationLimitedMember2025-01-012025-06-300001958217lzm:TemboNickelCorporationLimitedMember2024-01-012024-12-310001958217lzm:TemboNickelMiningCompanyLimitedMember2025-01-012025-06-300001958217lzm:TemboNickelMiningCompanyLimitedMember2024-01-012024-12-310001958217lzm:TemboNickelRefiningCompanyLimitedMember2025-01-012025-06-300001958217lzm:TemboNickelRefiningCompanyLimitedMember2024-01-012024-12-310001958217lzm:LifezoneRecyclingUSLLCMember2025-04-302025-04-300001958217lzm:LifezoneRecyclingUSLLCMember2025-05-012025-05-310001958217country:US2025-01-012025-06-300001958217lzm:BHPMember2021-12-240001958217lzm:KNLMember2021-12-240001958217lzm:KNLMember2022-07-010001958217lzm:KNLMember2022-10-142022-10-1400019582172022-10-140001958217srt:RestatementAdjustmentMember2024-06-300001958217srt:RestatementAdjustmentMemberlzm:GlencoreMember2024-06-300001958217srt:ScenarioPreviouslyReportedMember2024-06-300001958217srt:RestatementAdjustmentMemberlzm:BHPMember2024-06-300001958217srt:ScenarioPreviouslyReportedMember2024-01-012024-06-300001958217srt:RestatementAdjustmentMember2024-01-012024-06-300001958217ifrs-full:OperatingSegmentsMemberlzm:IntellectualProperty1Member2025-01-012025-06-300001958217ifrs-full:OperatingSegmentsMemberlzm:MetalsExtractionsMember2025-01-012025-06-300001958217ifrs-full:OperatingSegmentsMemberlzm:CorporateSegmentMember2025-01-012025-06-300001958217ifrs-full:EliminationOfIntersegmentAmountsMember2025-01-012025-06-300001958217lzm:IntellectualProperty1Member2025-06-300001958217lzm:MetalsExtractionsMember2025-06-300001958217lzm:CorporateSegmentMember2025-06-300001958217ifrs-full:EliminationOfIntersegmentAmountsMember2025-06-300001958217ifrs-full:OperatingSegmentsMemberlzm:IntellectualProperty1Member2025-06-300001958217ifrs-full:OperatingSegmentsMemberlzm:MetalsExtractionsMember2025-06-300001958217ifrs-full:OperatingSegmentsMemberlzm:CorporateSegmentMember2025-06-300001958217ifrs-full:OperatingSegmentsMemberlzm:IntellectualProperty1Member2024-01-012024-06-300001958217ifrs-full:OperatingSegmentsMemberlzm:MetalsExtractionsMember2024-01-012024-06-300001958217ifrs-full:OperatingSegmentsMemberlzm:CorporateSegmentMember2024-01-012024-06-300001958217ifrs-full:EliminationOfIntersegmentAmountsMember2024-01-012024-06-300001958217lzm:IntellectualProperty1Member2024-12-310001958217lzm:MetalsExtractionsMember2024-12-310001958217lzm:CorporateSegmentMember2024-12-310001958217ifrs-full:EliminationOfIntersegmentAmountsMember2024-12-310001958217ifrs-full:OperatingSegmentsMemberlzm:IntellectualProperty1Member2024-12-310001958217ifrs-full:OperatingSegmentsMemberlzm:MetalsExtractionsMember2024-12-310001958217ifrs-full:OperatingSegmentsMemberlzm:CorporateSegmentMember2024-12-310001958217lzm:KabangaNickelLimitedMember2024-12-310001958217country:AU2025-06-300001958217country:AU2024-12-310001958217lzm:UnitedKingdomAndUnitedStatesMember2025-06-300001958217lzm:UnitedKingdomAndUnitedStatesMember2024-12-310001958217lzm:NonaffiliatedCompanyRevenueMember2025-01-012025-06-300001958217lzm:NonaffiliatedCompanyRevenueMember2024-01-012024-06-300001958217currency:USD2025-06-300001958217currency:USD2024-12-310001958217currency:GBP2025-06-300001958217currency:GBP2024-12-310001958217currency:EUR2025-06-300001958217currency:EUR2024-12-310001958217currency:AUD2025-06-300001958217currency:AUD2024-12-310001958217currency:ZAR2025-06-300001958217currency:ZAR2024-12-310001958217currency:TZS2025-06-300001958217currency:TZS2024-12-310001958217currency:CAD2025-06-300001958217currency:CAD2024-12-310001958217lzm:LifezoneLimitedMember2022-09-120001958217ifrs-full:PropertyPlantAndEquipmentMemberifrs-full:GrossCarryingAmountMemberifrs-full:BuildingsMember2023-12-310001958217ifrs-full:PropertyPlantAndEquipmentMemberifrs-full:GrossCarryingAmountMemberlzm:TransportationMember2023-12-310001958217ifrs-full:PropertyPlantAndEquipmentMemberifrs-full:GrossCarryingAmountMemberlzm:OfficeAndComputerEquipmentMember2023-12-310001958217ifrs-full:PropertyPlantAndEquipmentMemberifrs-full:GrossCarryingAmountMemberlzm:LaboratoryAndTestingEquipmentMember2023-12-310001958217ifrs-full:GrossCarryingAmountMemberifrs-full:PropertyPlantAndEquipmentMember2023-12-310001958217ifrs-full:GrossCarryingAmountMemberifrs-full:RightofuseAssetsMember2023-12-310001958217ifrs-full:GrossCarryingAmountMember2023-12-310001958217ifrs-full:PropertyPlantAndEquipmentMemberifrs-full:GrossCarryingAmountMemberifrs-full:BuildingsMember2024-01-012024-12-310001958217ifrs-full:PropertyPlantAndEquipmentMemberifrs-full:GrossCarryingAmountMemberlzm:TransportationMember2024-01-012024-12-310001958217ifrs-full:PropertyPlantAndEquipmentMemberifrs-full:GrossCarryingAmountMemberlzm:OfficeAndComputerEquipmentMember2024-01-012024-12-310001958217ifrs-full:PropertyPlantAndEquipmentMemberifrs-full:GrossCarryingAmountMemberlzm:LaboratoryAndTestingEquipmentMember2024-01-012024-12-310001958217ifrs-full:GrossCarryingAmountMemberifrs-full:PropertyPlantAndEquipmentMember2024-01-012024-12-310001958217ifrs-full:GrossCarryingAmountMemberifrs-full:RightofuseAssetsMember2024-01-012024-12-310001958217ifrs-full:GrossCarryingAmountMember2024-01-012024-12-310001958217ifrs-full:PropertyPlantAndEquipmentMemberifrs-full:GrossCarryingAmountMemberifrs-full:BuildingsMember2024-12-310001958217ifrs-full:PropertyPlantAndEquipmentMemberifrs-full:GrossCarryingAmountMemberlzm:TransportationMember2024-12-310001958217ifrs-full:PropertyPlantAndEquipmentMemberifrs-full:GrossCarryingAmountMemberlzm:OfficeAndComputerEquipmentMember2024-12-310001958217ifrs-full:PropertyPlantAndEquipmentMemberifrs-full:GrossCarryingAmountMemberlzm:LaboratoryAndTestingEquipmentMember2024-12-310001958217ifrs-full:GrossCarryingAmountMemberifrs-full:PropertyPlantAndEquipmentMember2024-12-310001958217ifrs-full:GrossCarryingAmountMemberifrs-full:RightofuseAssetsMember2024-12-310001958217ifrs-full:GrossCarryingAmountMember2024-12-310001958217ifrs-full:PropertyPlantAndEquipmentMemberifrs-full:AccumulatedDepreciationAndAmortisationMemberifrs-full:BuildingsMember2023-12-310001958217ifrs-full:PropertyPlantAndEquipmentMemberifrs-full:AccumulatedDepreciationAndAmortisationMemberlzm:TransportationMember2023-12-310001958217ifrs-full:PropertyPlantAndEquipmentMemberifrs-full:AccumulatedDepreciationAndAmortisationMemberlzm:OfficeAndComputerEquipmentMember2023-12-310001958217ifrs-full:PropertyPlantAndEquipmentMemberifrs-full:AccumulatedDepreciationAndAmortisationMemberlzm:LaboratoryAndTestingEquipmentMember2023-12-310001958217ifrs-full:AccumulatedDepreciationAndAmortisationMemberifrs-full:PropertyPlantAndEquipmentMember2023-12-310001958217ifrs-full:AccumulatedDepreciationAndAmortisationMemberifrs-full:RightofuseAssetsMember2023-12-310001958217ifrs-full:AccumulatedDepreciationAndAmortisationMember2023-12-310001958217ifrs-full:PropertyPlantAndEquipmentMemberifrs-full:AccumulatedDepreciationAndAmortisationMemberifrs-full:BuildingsMember2024-01-012024-12-310001958217ifrs-full:PropertyPlantAndEquipmentMemberifrs-full:AccumulatedDepreciationAndAmortisationMemberlzm:TransportationMember2024-01-012024-12-310001958217ifrs-full:PropertyPlantAndEquipmentMemberifrs-full:AccumulatedDepreciationAndAmortisationMemberlzm:OfficeAndComputerEquipmentMember2024-01-012024-12-310001958217ifrs-full:PropertyPlantAndEquipmentMemberifrs-full:AccumulatedDepreciationAndAmortisationMemberlzm:LaboratoryAndTestingEquipmentMember2024-01-012024-12-310001958217ifrs-full:AccumulatedDepreciationAndAmortisationMemberifrs-full:PropertyPlantAndEquipmentMember2024-01-012024-12-310001958217ifrs-full:AccumulatedDepreciationAndAmortisationMemberifrs-full:RightofuseAssetsMember2024-01-012024-12-310001958217ifrs-full:AccumulatedDepreciationAndAmortisationMember2024-01-012024-12-310001958217ifrs-full:PropertyPlantAndEquipmentMemberifrs-full:AccumulatedDepreciationAndAmortisationMemberifrs-full:BuildingsMember2024-12-310001958217ifrs-full:PropertyPlantAndEquipmentMemberifrs-full:AccumulatedDepreciationAndAmortisationMemberlzm:TransportationMember2024-12-310001958217ifrs-full:PropertyPlantAndEquipmentMemberifrs-full:AccumulatedDepreciationAndAmortisationMemberlzm:OfficeAndComputerEquipmentMember2024-12-310001958217ifrs-full:PropertyPlantAndEquipmentMemberifrs-full:AccumulatedDepreciationAndAmortisationMemberlzm:LaboratoryAndTestingEquipmentMember2024-12-310001958217ifrs-full:AccumulatedDepreciationAndAmortisationMemberifrs-full:PropertyPlantAndEquipmentMember2024-12-310001958217ifrs-full:AccumulatedDepreciationAndAmortisationMemberifrs-full:RightofuseAssetsMember2024-12-310001958217ifrs-full:AccumulatedDepreciationAndAmortisationMember2024-12-310001958217ifrs-full:PropertyPlantAndEquipmentMemberifrs-full:GrossCarryingAmountMemberifrs-full:BuildingsMember2025-01-012025-06-300001958217ifrs-full:PropertyPlantAndEquipmentMemberifrs-full:GrossCarryingAmountMemberlzm:TransportationMember2025-01-012025-06-300001958217ifrs-full:PropertyPlantAndEquipmentMemberifrs-full:GrossCarryingAmountMemberlzm:OfficeAndComputerEquipmentMember2025-01-012025-06-300001958217ifrs-full:PropertyPlantAndEquipmentMemberifrs-full:GrossCarryingAmountMemberlzm:LaboratoryAndTestingEquipmentMember2025-01-012025-06-300001958217ifrs-full:GrossCarryingAmountMemberifrs-full:PropertyPlantAndEquipmentMember2025-01-012025-06-300001958217ifrs-full:GrossCarryingAmountMemberifrs-full:RightofuseAssetsMember2025-01-012025-06-300001958217ifrs-full:GrossCarryingAmountMember2025-01-012025-06-300001958217ifrs-full:GrossCarryingAmountMemberifrs-full:BuildingsMember2025-01-012025-06-300001958217ifrs-full:GrossCarryingAmountMemberlzm:TransportationMember2025-01-012025-06-300001958217ifrs-full:GrossCarryingAmountMemberlzm:OfficeAndComputerEquipmentMember2025-01-012025-06-300001958217ifrs-full:GrossCarryingAmountMemberlzm:LaboratoryAndTestingEquipmentMember2025-01-012025-06-300001958217ifrs-full:PropertyPlantAndEquipmentMemberifrs-full:GrossCarryingAmountMemberifrs-full:BuildingsMember2025-06-300001958217ifrs-full:PropertyPlantAndEquipmentMemberifrs-full:GrossCarryingAmountMemberlzm:TransportationMember2025-06-300001958217ifrs-full:PropertyPlantAndEquipmentMemberifrs-full:GrossCarryingAmountMemberlzm:OfficeAndComputerEquipmentMember2025-06-300001958217ifrs-full:PropertyPlantAndEquipmentMemberifrs-full:GrossCarryingAmountMemberlzm:LaboratoryAndTestingEquipmentMember2025-06-300001958217ifrs-full:GrossCarryingAmountMemberifrs-full:PropertyPlantAndEquipmentMember2025-06-300001958217ifrs-full:GrossCarryingAmountMemberifrs-full:RightofuseAssetsMember2025-06-300001958217ifrs-full:GrossCarryingAmountMember2025-06-300001958217ifrs-full:PropertyPlantAndEquipmentMemberifrs-full:AccumulatedDepreciationAndAmortisationMemberifrs-full:BuildingsMember2025-01-012025-06-300001958217ifrs-full:PropertyPlantAndEquipmentMemberifrs-full:AccumulatedDepreciationAndAmortisationMemberlzm:TransportationMember2025-01-012025-06-300001958217ifrs-full:PropertyPlantAndEquipmentMemberifrs-full:AccumulatedDepreciationAndAmortisationMemberlzm:OfficeAndComputerEquipmentMember2025-01-012025-06-300001958217ifrs-full:PropertyPlantAndEquipmentMemberifrs-full:AccumulatedDepreciationAndAmortisationMemberlzm:LaboratoryAndTestingEquipmentMember2025-01-012025-06-300001958217ifrs-full:AccumulatedDepreciationAndAmortisationMemberifrs-full:PropertyPlantAndEquipmentMember2025-01-012025-06-300001958217ifrs-full:AccumulatedDepreciationAndAmortisationMemberifrs-full:RightofuseAssetsMember2025-01-012025-06-300001958217ifrs-full:AccumulatedDepreciationAndAmortisationMember2025-01-012025-06-300001958217ifrs-full:AccumulatedDepreciationAndAmortisationMemberifrs-full:BuildingsMember2025-01-012025-06-300001958217ifrs-full:AccumulatedDepreciationAndAmortisationMemberlzm:TransportationMember2025-01-012025-06-300001958217ifrs-full:AccumulatedDepreciationAndAmortisationMemberlzm:OfficeAndComputerEquipmentMember2025-01-012025-06-300001958217ifrs-full:AccumulatedDepreciationAndAmortisationMemberlzm:LaboratoryAndTestingEquipmentMember2025-01-012025-06-300001958217ifrs-full:PropertyPlantAndEquipmentMemberifrs-full:AccumulatedDepreciationAndAmortisationMemberifrs-full:BuildingsMember2025-06-300001958217ifrs-full:PropertyPlantAndEquipmentMemberifrs-full:AccumulatedDepreciationAndAmortisationMemberlzm:TransportationMember2025-06-300001958217ifrs-full:PropertyPlantAndEquipmentMemberifrs-full:AccumulatedDepreciationAndAmortisationMemberlzm:OfficeAndComputerEquipmentMember2025-06-300001958217ifrs-full:PropertyPlantAndEquipmentMemberifrs-full:AccumulatedDepreciationAndAmortisationMemberlzm:LaboratoryAndTestingEquipmentMember2025-06-300001958217ifrs-full:AccumulatedDepreciationAndAmortisationMemberifrs-full:PropertyPlantAndEquipmentMember2025-06-300001958217ifrs-full:AccumulatedDepreciationAndAmortisationMemberifrs-full:RightofuseAssetsMember2025-06-300001958217ifrs-full:AccumulatedDepreciationAndAmortisationMember2025-06-300001958217ifrs-full:BuildingsMemberifrs-full:PropertyPlantAndEquipmentMember2024-12-310001958217lzm:TransportationMemberifrs-full:PropertyPlantAndEquipmentMember2024-12-310001958217lzm:OfficeAndComputerEquipmentMemberifrs-full:PropertyPlantAndEquipmentMember2024-12-310001958217lzm:LaboratoryAndTestingEquipmentMemberifrs-full:PropertyPlantAndEquipmentMember2024-12-310001958217ifrs-full:PropertyPlantAndEquipmentMember2024-12-310001958217ifrs-full:RightofuseAssetsMember2024-12-310001958217ifrs-full:BuildingsMemberifrs-full:PropertyPlantAndEquipmentMember2025-06-300001958217lzm:TransportationMemberifrs-full:PropertyPlantAndEquipmentMember2025-06-300001958217lzm:OfficeAndComputerEquipmentMemberifrs-full:PropertyPlantAndEquipmentMember2025-06-300001958217lzm:LaboratoryAndTestingEquipmentMemberifrs-full:PropertyPlantAndEquipmentMember2025-06-300001958217ifrs-full:PropertyPlantAndEquipmentMember2025-06-300001958217ifrs-full:RightofuseAssetsMember2025-06-300001958217ifrs-full:GrossCarryingAmountMemberifrs-full:GoodwillMember2023-12-310001958217ifrs-full:GrossCarryingAmountMemberifrs-full:GoodwillMember2024-01-012024-12-310001958217ifrs-full:GrossCarryingAmountMemberifrs-full:GoodwillMember2024-12-310001958217ifrs-full:GrossCarryingAmountMemberifrs-full:GoodwillMember2025-06-300001958217ifrs-full:AccumulatedImpairmentMemberifrs-full:GoodwillMember2023-12-310001958217ifrs-full:AccumulatedImpairmentMemberifrs-full:GoodwillMember2024-01-012024-12-310001958217ifrs-full:AccumulatedImpairmentMemberifrs-full:GoodwillMember2024-12-310001958217ifrs-full:AccumulatedImpairmentMemberifrs-full:GoodwillMember2025-06-300001958217ifrs-full:GoodwillMember2024-12-310001958217ifrs-full:GoodwillMember2025-06-300001958217ifrs-full:GrossCarryingAmountMemberlzm:PatentMember2023-12-310001958217ifrs-full:GrossCarryingAmountMemberifrs-full:ComputerSoftwareMember2023-12-310001958217ifrs-full:GrossCarryingAmountMemberlzm:PatentMember2024-01-012024-12-310001958217ifrs-full:GrossCarryingAmountMemberifrs-full:ComputerSoftwareMember2024-01-012024-12-310001958217ifrs-full:GrossCarryingAmountMemberlzm:PatentMember2024-12-310001958217ifrs-full:GrossCarryingAmountMemberifrs-full:ComputerSoftwareMember2024-12-310001958217ifrs-full:AccumulatedDepreciationAndAmortisationMemberlzm:PatentMember2023-12-310001958217ifrs-full:AccumulatedDepreciationAndAmortisationMemberifrs-full:ComputerSoftwareMember2023-12-310001958217ifrs-full:AccumulatedDepreciationAndAmortisationMemberlzm:PatentMember2024-01-012024-12-310001958217ifrs-full:AccumulatedDepreciationAndAmortisationMemberifrs-full:ComputerSoftwareMember2024-01-012024-12-310001958217ifrs-full:AccumulatedDepreciationAndAmortisationMemberlzm:PatentMember2024-12-310001958217ifrs-full:AccumulatedDepreciationAndAmortisationMemberifrs-full:ComputerSoftwareMember2024-12-310001958217ifrs-full:GrossCarryingAmountMemberlzm:PatentMember2025-01-012025-06-300001958217ifrs-full:GrossCarryingAmountMemberifrs-full:ComputerSoftwareMember2025-01-012025-06-300001958217ifrs-full:GrossCarryingAmountMemberlzm:PatentMember2025-06-300001958217ifrs-full:GrossCarryingAmountMemberifrs-full:ComputerSoftwareMember2025-06-300001958217ifrs-full:AccumulatedDepreciationAndAmortisationMemberlzm:PatentMember2025-01-012025-06-300001958217ifrs-full:AccumulatedDepreciationAndAmortisationMemberifrs-full:ComputerSoftwareMember2025-01-012025-06-300001958217ifrs-full:AccumulatedDepreciationAndAmortisationMemberlzm:PatentMember2025-06-300001958217ifrs-full:AccumulatedDepreciationAndAmortisationMemberifrs-full:ComputerSoftwareMember2025-06-300001958217lzm:PatentMember2024-12-310001958217ifrs-full:ComputerSoftwareMember2024-12-310001958217lzm:PatentMember2025-06-300001958217ifrs-full:ComputerSoftwareMember2025-06-300001958217ifrs-full:ExplorationAndEvaluationAssetsMember2023-12-310001958217ifrs-full:MiningAssetsMember2023-12-310001958217ifrs-full:ExplorationAndEvaluationAssetsMember2024-01-012024-12-310001958217ifrs-full:MiningAssetsMember2024-01-012024-12-3100019582172024-01-012024-12-310001958217ifrs-full:ExplorationAndEvaluationAssetsMember2024-12-310001958217ifrs-full:MiningAssetsMember2024-12-310001958217ifrs-full:ExplorationAndEvaluationAssetsMember2025-01-012025-06-300001958217ifrs-full:MiningAssetsMember2025-01-012025-06-300001958217ifrs-full:ExplorationAndEvaluationAssetsMember2025-06-300001958217ifrs-full:MiningAssetsMember2025-06-300001958217country:IM2025-01-012025-06-300001958217country:GB2025-01-012025-06-300001958217country:TZ2025-01-012025-06-300001958217country:AU2025-01-012025-06-300001958217country:GB2023-03-312023-03-310001958217country:GB2023-04-012023-04-0100019582172023-04-012023-04-010001958217ifrs-full:GrossCarryingAmountMemberifrs-full:RightofuseAssetsMember2024-01-012024-06-300001958217lzm:KabangaNickelCompanyLtdMember2021-01-3100019582172024-07-300001958217lzm:TaxAppealRevisionOfAdditionalInterestMemberlzm:KabangaNickelCompanyLtdMember2025-03-310001958217lzm:TaxAppealRevisionOfAdditionalInterestMemberlzm:KabangaNickelCompanyLtdMember2025-06-300001958217ifrs-full:NotLaterThanThreeMonthsMember2025-06-300001958217ifrs-full:NotLaterThanThreeMonthsMember2024-12-310001958217ifrs-full:LaterThanFourYearsAndNotLaterThanFiveYearsMember2025-06-300001958217ifrs-full:LaterThanFourYearsAndNotLaterThanFiveYearsMember2024-12-3100019582172024-03-2700019582172024-03-272024-03-270001958217lzm:SecuredOvernightFinancingRateMember2024-03-270001958217lzm:SecuredOvernightFinancingRateMemberlzm:LifezoneMember2024-03-270001958217lzm:InterestSharesMember2024-03-270001958217lzm:UnsecuredConvertibleDebenturesMember2024-03-272024-03-270001958217lzm:ValuationDateMember2025-01-012025-06-300001958217lzm:MaturityDateMember2025-01-012025-06-300001958217lzm:RiskfreeRateMember2025-01-012025-06-300001958217lzm:SharePricesMember2025-01-012025-06-300001958217ifrs-full:HistoricalVolatilityForSharesMeasurementInputMember2025-01-012025-06-300001958217lzm:DividendYieldMember2025-01-012025-06-300001958217ifrs-full:InterestRateMeasurementInputMember2025-01-012025-06-300001958217lzm:ConversionPriceMember2025-01-012025-06-300001958217lzm:ConversionCapMember2025-01-012025-06-300001958217lzm:CreditSpreadMember2025-01-012025-06-300001958217lzm:EmbeddedDerivativeLiabilityMember2024-03-272024-03-270001958217lzm:LifezoneMetalsLimitedMember2025-06-300001958217lzm:LifezoneMetalsLimitedMember2024-06-300001958217ifrs-full:RelatedPartiesMember2025-01-012025-06-300001958217ifrs-full:RelatedPartiesMember2024-01-012024-06-300001958217lzm:KeithLiddellMember2025-01-012025-06-300001958217lzm:ChrisShowalterOneMember2025-01-012025-06-300001958217lzm:IngoHofmaierMember2025-01-012025-06-300001958217lzm:DrMichaelAdamsMember2025-01-012025-06-300001958217lzm:GerickMoutonMember2025-01-012025-06-300001958217lzm:BenedictBusunzuMember2025-01-012025-06-300001958217lzm:SpencerDavisMember2025-01-012025-06-300001958217lzm:NatashaLiddellMember2025-01-012025-06-300001958217lzm:AnthonyVonChristiersonMember2025-01-012025-06-300001958217lzm:EvanYoungMember2025-01-012025-06-300001958217lzm:ConsultancyFeesAndBonusesMemberlzm:AtlasSustainabilityMember2025-01-012025-06-300001958217lzm:ConsultancyFeesAndBonusesMemberlzm:AtlasSustainabilityMember2025-06-300001958217lzm:ConsultancyFeesAndBonusesMemberlzm:AtlasSustainabilityMember2024-06-300001958217lzm:ConsultancyFeesAndBonusesMemberlzm:AirvolutionCoLimitedMember2025-01-012025-06-300001958217lzm:ConsultancyFeesAndBonusesMemberlzm:AirvolutionCoLimitedMember2025-06-300001958217lzm:ConsultancyFeesAndBonusesMemberlzm:AirvolutionCoLimitedMember2024-06-300001958217lzm:ConsultancyFeesAndBonusesMemberlzm:LZAdvisoryLLCMember2025-01-012025-06-300001958217lzm:ConsultancyFeesAndBonusesMemberlzm:LZAdvisoryLLCMember2025-06-300001958217lzm:ConsultancyFeesAndBonusesMemberlzm:LZAdvisoryLLCMember2024-06-300001958217lzm:ConsultancyFeesAndBonusesMemberlzm:KeithLiddellMember2025-01-012025-06-300001958217lzm:ConsultancyFeesAndBonusesMemberlzm:KeithLiddellMember2025-06-300001958217lzm:ConsultancyFeesAndBonusesMemberlzm:KeithLiddellMember2024-06-300001958217lzm:ConsultancyFeesAndBonusesMemberlzm:NewvisionMetalsPTE.LimitedMember2025-01-012025-06-300001958217lzm:ConsultancyFeesAndBonusesMemberlzm:NewvisionMetalsPTE.LimitedMember2025-06-300001958217lzm:ConsultancyFeesAndBonusesMemberlzm:NewvisionMetalsPTE.LimitedMember2024-06-300001958217lzm:ConsultancyFeesAndBonusesMemberlzm:EJMYConsultingMember2025-01-012025-06-300001958217lzm:ConsultancyFeesAndBonusesMemberlzm:EJMYConsultingMember2025-06-300001958217lzm:ConsultancyFeesAndBonusesMemberlzm:EJMYConsultingMember2024-06-300001958217lzm:ConsultancyFeesAndBonusesMember2025-06-300001958217lzm:ConsultancyFeesAndBonusesMember2024-06-300001958217lzm:RSUsGrantedAndVestedMemberlzm:EJMYConsultingMember2025-01-012025-06-300001958217lzm:RSUsGrantedAndVestedMemberlzm:EJMYConsultingMember2025-06-300001958217lzm:RSUsGrantedAndVestedMemberlzm:EJMYConsultingMember2024-06-300001958217lzm:RSUsGrantedAndVestedMember2025-06-300001958217lzm:RSUsGrantedAndVestedMember2024-06-300001958217lzm:WagesAndBonusesMemberlzm:NatashaLiddellMember2025-06-300001958217lzm:WagesAndBonusesMemberlzm:NatashaLiddellMember2024-06-300001958217lzm:WagesAndBonusesMemberlzm:MrSimonLiddellMember2025-06-300001958217lzm:WagesAndBonusesMemberlzm:MrSimonLiddellMember2024-06-300001958217lzm:WagesAndBonusesMemberlzm:JonathanAdamsMember2025-06-300001958217lzm:WagesAndBonusesMemberlzm:JonathanAdamsMember2024-06-300001958217lzm:WagesAndBonusesMember2025-06-300001958217lzm:WagesAndBonusesMember2024-06-300001958217lzm:BHPBillitonUKDDSLimitedMember2025-01-012025-06-300001958217lzm:BHPBillitonUKDDSLimitedMember2024-01-012024-12-310001958217lzm:ShareholderLoanMember2025-01-012025-06-300001958217lzm:ShareholderLoanMember2024-01-012024-12-310001958217ifrs-full:OtherRelatedPartiesMember2024-12-310001958217ifrs-full:OtherRelatedPartiesMember2025-06-300001958217lzm:KabangaHoldingsLimitedMember2021-04-300001958217ifrs-full:TopOfRangeMember2025-06-300001958217ifrs-full:BottomOfRangeMember2025-06-300001958217lzm:FirstTrancheMember2025-01-012025-06-300001958217lzm:SecondTrancheMember2025-01-012025-06-3000019582172022-12-152022-12-150001958217lzm:DFSMember2024-12-092024-12-0900019582172021-01-012021-01-310001958217lzm:TNCLMember2021-01-012021-01-310001958217lzm:BHPMemberlzm:KabangaNickelLimitedMember2025-01-012025-06-300001958217lzm:BHPMemberlzm:KabangaNickelLimitedMember2024-01-012024-12-310001958217lzm:LifezoneRecyclingUSLLCMemberlzm:GlencoreInvestmentMember2025-05-012025-05-010001958217lzm:LifezoneRecyclingUSLLCMemberlzm:GlencoreInvestmentMember2025-05-022025-05-020001958217lzm:PublicWarrantsMemberifrs-full:WarrantsMember2023-12-310001958217lzm:PublicWarrantsMemberifrs-full:WarrantsMember2024-01-012024-12-310001958217lzm:PublicWarrantsMemberifrs-full:WarrantsMember2024-12-310001958217lzm:PublicWarrantsMemberifrs-full:WarrantsMember2025-01-012025-06-300001958217lzm:PublicWarrantsMemberifrs-full:WarrantsMember2025-06-300001958217lzm:PublicWarrantsMember2025-01-012025-06-300001958217lzm:PublicWarrantsMemberlzm:FairValueMember2025-01-012025-06-300001958217lzm:PrivateWarrantsMemberifrs-full:WarrantsMember2023-12-310001958217lzm:PrivateWarrantsMemberifrs-full:WarrantsMember2024-01-012024-12-310001958217lzm:PrivateWarrantsMemberifrs-full:WarrantsMember2024-12-310001958217lzm:PrivateWarrantsMemberifrs-full:WarrantsMember2025-06-300001958217lzm:PrivateWarrantsMember2025-01-012025-06-300001958217lzm:PrivateWarrantsMemberlzm:FairValueMember2025-01-012025-06-300001958217ifrs-full:RestrictedShareUnitsMember2024-07-012024-07-010001958217ifrs-full:RestrictedShareUnitsMember2024-07-010001958217ifrs-full:RestrictedShareUnitsMember2024-12-310001958217lzm:EarnoutTriggerEventOneMemberifrs-full:RestrictedShareUnitsMember2024-07-010001958217lzm:EarnoutTriggerEventTwoMemberifrs-full:RestrictedShareUnitsMember2024-07-0100019582172024-07-012024-07-010001958217ifrs-full:RestrictedShareUnitsMemberlzm:LifezoneMetalsLimitedMember2025-01-012025-06-300001958217ifrs-full:RestrictedShareUnitsMember2023-12-310001958217ifrs-full:RestrictedShareUnitsMember2024-01-012024-12-310001958217ifrs-full:RestrictedShareUnitsMember2025-06-300001958217ifrs-full:RestrictedShareUnitsMember2025-01-012025-06-300001958217lzm:LifezoneMetalsLimitedMember2025-01-012025-06-300001958217lzm:EarnoutTriggerEventOneMemberlzm:LifezoneMetalsLimitedMember2025-01-012025-06-300001958217lzm:EarnoutTriggerEventTwoMemberlzm:LifezoneMetalsLimitedMember2025-01-012025-06-300001958217lzm:Tranche1Member2025-01-012025-06-300001958217lzm:Tranche2Member2025-01-012025-06-300001958217lzm:ConvertibleDebentureMember2025-01-012025-06-300001958217lzm:ConvertibleDebentureMember2024-01-012024-06-300001958217ifrs-full:RestrictedShareUnitsMember2025-01-012025-06-300001958217ifrs-full:RestrictedShareUnitsMember2024-01-012024-06-300001958217ifrs-full:WarrantsMember2025-01-012025-06-300001958217ifrs-full:WarrantsMember2024-01-012024-06-300001958217lzm:EarnoutUnitsMember2025-01-012025-06-300001958217lzm:EarnoutUnitsMember2024-01-012024-06-300001958217lzm:CarryingAmountOfFinancialAssetsMember2025-06-300001958217lzm:CarryingAmountOfFinancialAssetsMember2024-12-310001958217lzm:GreaterThanEqualThirtyDaysMember2025-06-300001958217lzm:GreaterThanEqualThirtyDaysMember2024-12-310001958217lzm:ThirtyDaysThroughOneYearMember2025-06-300001958217lzm:ThirtyDaysThroughOneYearMember2024-12-310001958217lzm:OneYearThroughTwoYearsMember2025-06-300001958217lzm:OneYearThroughTwoYearsMember2024-12-310001958217lzm:MoreThanTwoYearsMember2025-06-300001958217lzm:MoreThanTwoYearsMember2024-12-310001958217lzm:ForeignCurrencyRiskMember2025-06-300001958217lzm:ForeignCurrencyRiskMember2024-12-310001958217lzm:ChangeInGBPRateMemberlzm:TenPercentMember2025-06-300001958217lzm:ChangeInGBPRateMemberlzm:TenPercentMember2024-12-310001958217lzm:ChangeInGBPRateMemberlzm:NegativeTenPercentMember2025-06-300001958217lzm:ChangeInGBPRateMemberlzm:NegativeTenPercentMember2024-12-310001958217lzm:ChangeInAUDRateMemberlzm:TenPercentMember2025-06-300001958217lzm:ChangeInAUDRateMemberlzm:TenPercentMember2024-12-310001958217lzm:ChangeInAUDRateMemberlzm:NegativeTenPercentMember2025-06-300001958217lzm:ChangeInAUDRateMemberlzm:NegativeTenPercentMember2024-12-310001958217lzm:ChangeInTZSRateMemberlzm:TenPercentMember2025-06-300001958217lzm:ChangeInTZSRateMemberlzm:TenPercentMember2024-12-310001958217lzm:ChangeInTZSRateMemberlzm:NegativeTenPercentMember2025-06-300001958217lzm:ChangeInTZSRateMemberlzm:NegativeTenPercentMember2024-12-310001958217lzm:KabangaNickelCompanyLtdMember2022-01-012022-12-310001958217ifrs-full:TaxContingentLiabilityMember2025-05-012025-05-310001958217lzm:SeniorSecuredBridgeLoanFacilityMemberifrs-full:EnteringIntoSignificantCommitmentsOrContingentLiabilitiesMemberlzm:KabangaNickelLimitedMember2025-08-080001958217lzm:SeniorSecuredBridgeLoanFacilityMemberifrs-full:EnteringIntoSignificantCommitmentsOrContingentLiabilitiesMemberlzm:KabangaNickelLimitedMember2025-08-082025-08-08
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 6-K
REPORT OF FOREIGN PRIVATE ISSUER
PURSUANT TO RULE 13a-16 OR 15d-16
UNDER THE SECURITIES EXCHANGE ACT OF 1934
For the month of August 2025
Commission File Number: 001-41737
Lifezone Metals Limited
NYSE ticker symbol “LZM”
2nd Floor, St George’s Court, Upper Church Street
Douglas, Isle of Man, IM1 1EE
(Address of principal executive office)
Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F.
Form 20-F x Form 40-F o
On August 11, 2025, Lifezone Metals Limited (“Lifezone Metals” or the “Company”) announced the financial results for the six months ended June 30, 2025. A copy of that announcement is furnished as Exhibit 99.1 to this report on Form 6-K.
A copy of Lifezone Metals Unaudited Consolidated Interim Financial Statements as of June 30, 2025, and for the six-months ending June 30, 2025, and June 30, 2024, are attached in Exhibit 99.2 to this report on Form 6-K. Exhibit 99.2 also includes management’s discussion and analysis of financial condition and results of operations for the six months ended June 30, 2025.
The information in the attached Exhibits 99.2 shall be deemed to be incorporated by reference into the Company’s registration statements on Form F-3 (File Nos. 333-272865 and 333-281189) and Form S-8 (File No. 333-274449) and the related prospectuses, respectively as such registration statements and prospectuses may be amended from time to time, and to be a part thereof from the date on which this report is filed, to the extent not superseded by documents or reports subsequently filed or furnished.
The information in the attached Exhibit 99.1 is being furnished and shall not be deemed “filed” for the purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), or otherwise subject to the liabilities of that section, nor shall it be deemed incorporated by reference in any filing made by the Company under the Securities Act of 1933, as amended, or the Exchange Act, except as shall be expressly set forth by specific reference in such filing.
EXHIBIT INDEX
| | | | | | | | |
Exhibit | | Description of Exhibit |
| | |
99.1 | | Press Release titled “Lifezone Metals Reports Half-Year 2025 Financial Results.” |
99.2 | | Lifezone Metals Limited Interim Report for the six months ended June 30, 2025. |
101.INS | | Inline XBRL Instance Document |
101.SCH | | Inline XBRL Taxonomy Extension Schema Document. |
101.CAL | | Inline XBRL Taxonomy Extension Calculation Linkbase Document. |
101.DEF | | Inline XBRL Taxonomy Extension Definition Linkbase Document. |
101.LAB | | Inline XBRL Taxonomy Extension Label Linkbase Document. |
101.PRE | | Inline XBRL Taxonomy Extension Presentation Linkbase Document. |
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.
| | | | | | | | |
| LIFEZONE METALS LIMITED |
| | |
Date: August 11, 2025 | By: | /s/ Ingo Hofmaier |
| Name: | Ingo Hofmaier |
| Title: | Chief Financial Officer |