08:20 AM EDT, 08/27/2024 (MT Newswires) -- Lifezone Metals ( LZM ) said Tuesday that it is in "high-level discussions" with the US and Tanzanian Governments to invest in minerals projects in Africa.

The metals company said its subsidiary Kabanga Nickel has signed a retainer letter with the US International Development Finance Corporation to begin evaluating political risk insurance coverage for investments in the Kabanga underground nickel-copper-cobalt mine and the Kahama Hydromet refinery, both of which are in Tanzania.