Brief: Lifezone Metals Announces JV With Glencore To Recycle Platinum, Palladium And Rhodium In US

Lifezone Metals

13/12/2023 11:12

Dec 13 (Reuters) - 
    Lifezone Metals  LZM.N  
    * LIFEZONE METALS ANNOUNCES JOINT VENTURE WITH GLENCORE TO
RECYCLE
PLATINUM, PALLADIUM AND RHODIUM IN THE USA
    * LIFEZONE METALS LTD - PHASE 1 CONFIRMATORY PILOT PROJECT
COSTS
ARE EXPECTED TO BE $3 MILLION
    * LIFEZONE METALS: TERM SHEET SIGNED FOR 2-PHASED
IMPLEMENTATION
OF RECYCLING JV TO RECOVER PGMS FROM SPENT AUTOMOTIVE CATALYTIC
CONVERTERS
    * LIFEZONE METALS- GLENCORE TO PROVIDE WORKING CAPITAL
FACILITY
FOR PHASE 2 FACILITY, TO BE SOLE OFFTAKER, MARKETER OF REFINED
PGMS
    * LIFEZONE METALS :CAPITAL COSTS PHASE 2 COMMERCIAL-SCALE
RECYCLING FACILITY IN US EXPECTED $15-20 MILLION FOR 115,000 OZ
/YEAR PGM RECYCLING FACILITY.

Source text for Eikon:  ID:nBw74BQSca 
Further company coverage:  GLEN.L 

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