Lifezone Metals Limited (LZM) POS AM 24 Apr 24 Prospectus update (post-effective amendment) Financial data

Document And Entity Information

Document And Entity Information	12 Months Ended
	Dec. 31, 2023
Document Information Line Items
Entity Registrant Name	Lifezone Metals Limited
Document Type	POS AM
Amendment Flag	true
Amendment Description	On June 23, 2023, the registrant filed a Registration Statement on Form F-1 (Registration No. 333-272865), which was subsequently declared effective by the U.S. Securities and Exchange Commission (the “SEC”) on September 29, 2023 (“Registration Statement”).This post-effective amendment is being filed to solely update (i) the cover page of the Registration Statement to reflect the registrant’s appointment of an agent in the United States to accept service of process, (ii) the date of the prospectus, (iii) the most recent closing prices of the Lifezone Metals Ordinary Shares and Lifezone Warrants (each as defined in the Registration Statement) on the New York Stock Exchange, respectively, and (iv) the date of the signature pages to the Registration Statement.No additional securities are being registered under this post-effective amendment. All applicable registration fees were paid at the time of the original filing of the Registration Statement.
Entity Central Index Key	0001958217
Entity Filer Category	Non-accelerated Filer
Entity Emerging Growth Company	true
Entity Ex Transition Period	false
Entity Incorporation, State or Country Code	Y8

Consolidated Statements of Comp

Consolidated Statements of Comprehensive Loss - USD ($)	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Profit or loss [abstract]
Revenue	$ 1,477,826	$ 2,927,460	$ 2,092,575
Cost of sales	(753,914)
Gross profit	723,912	2,927,460	2,092,575
Loss (gain) on foreign exchange	179,640	(55,701)	(66,295)
General and administrative expenses	(366,078,202)	(28,559,519)	(20,055,303)
Operating loss	(365,174,650)	(25,687,760)	(18,029,023)
Interest income	567,190	224,389	10,979
Gain on remeasurement of contingent consideration	156,047	235,505
Interest expense	(211,979)	(266,354)	(160,840)
Loss before tax	(364,663,392)	(25,494,220)	(18,178,884)
Income tax
Loss for the year	(364,663,392)	(25,494,220)	(18,178,884)
Exchange (loss) gain on translation of foreign operations	(37,931)	115,864
Total other comprehensive (loss) income for the year	(37,931)	115,864
Total other comprehensive loss for the year	(364,701,323)	(25,378,356)	(18,178,884)
Attributable to ordinary shareholders of the company	(363,874,560)	(23,583,342)	(18,002,646)
Attributable to non-controlling interests	(788,832)	(1,910,878)	(176,238)
Total comprehensive loss for the financial period	(364,663,392)	(25,494,220)	(18,178,884)
Attributable to ordinary shareholders of the company	(363,912,491)	(23,467,478)	(18,002,646)
Attributable to non-controlling interests	$ (788,832)	$ (1,910,878)	$ (176,238)
Basic net loss per ordinary share (in Dollars per share)	$ (5.34)	$ (0.4)	$ (0.32)

Consolidated Statements of Co_2

Consolidated Statements of Comprehensive Loss (Parentheticals) - USD ($)	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Profit or loss [abstract]
Related party revenues	$ 814,087	$ 2,854,869	$ 2,092,575
Interest income on shareholder loans	$ 6,841	$ 10,137	$ 7,357
Diluted net loss per ordinary share (in Dollars per share)	$ (5.34)	$ (0.40)	$ (0.32)

Consolidated Statements of Fina

Consolidated Statements of Financial Position - USD ($)	Dec. 31, 2023	Dec. 31, 2022
Non-current assets
Goodwill	$ 9,020,813
Exploration and evaluation assets and mining data	69,810,603	18,455,306
Patents	615,103	602,867
Other intangible assets	299,101	92,096
Property and equipment	6,000,357	884,322
Right-of-use assets	1,693,512	352,307
Total non-current assets	87,439,489	20,386,898
Current assets
Inventories	100,780	49,736
Trade and other receivables	5,330,457	6,005,207
Subscription receivable		50,000,000
Cash and cash equivalents	49,391,627	20,535,210
Total current assets	54,822,864	76,590,153
Total assets	142,262,353	96,977,051
Equity
Share capital	7,828	3,101
Share premium	178,686,328	25,436,656
Shared based payment reserve	265,558,785	25,483,348
Warrant reserves	15,017,257
Other reserves	(6,814,302)	(15,495,254)
Foreign currency translation reserve	77,933	115,864
Redemption reserve	280,808	280,808
Accumulated deficit	(408,165,162)	(44,290,602)
Total Shareholders’ equity (deficit)	44,649,475	(8,466,079)
Non-controlling interests	83,664,052	84,452,884
Total equity	128,313,527	75,986,805
Non-current liabilities
Lease liabilities	1,185,145	290,576
Long term asset retirement obligation provision		303,000
Contingent consideration		3,689,755
Total non-current liabilities	1,185,145	4,283,331
Current liabilities
Lease liabilities	602,557	105,304
Trade and other payables	8,335,464	16,601,611
Related party payables	132,048
Contingent consideration	3,693,612
Total current liabilities	12,763,681	16,706,915
Total liabilities	13,948,826	20,990,246
Total equity and liabilities	$ 142,262,353	$ 96,977,051

Consolidated Statements of Chan

Consolidated Statements of Changes in Equity - USD ($)	Share Capital	Share Premium	Shared Based Payment Reserve	Warrant Reserves	Other Reserves	Foreign currency translation reserve	Redemption Reserve	Accumulated Deficit	Total Shareholders' equity	Convertible loans issued	Non- controlling Interest	Total
Balance at Dec. 31, 2020	$ 1,779	$ 14,677,090					$ 280,808	$ (2,704,614)	$ 12,255,063			$ 12,255,063
Issuance of ordinary shares	64	10,999,566							10,999,630			10,999,630
Share issuance fees		(240,000)							(240,000)			(240,000)
Convertible loans issued										$ 40,000,000		40,000,000
Issuance fees on convertible loans										(960,000)		(960,000)
Share issuance fees			9,988,094						9,988,094			9,988,094
Total transactions with shareholders	64	10,759,566	9,988,094						20,747,724	39,040,000		59,787,724
Total loss for the year								(18,002,646)	(18,002,646)		$ (176,238)	(18,178,884)
Balance at Dec. 31, 2021	1,843	25,436,656	9,988,094				280,808	(20,707,260)	15,000,141	39,040,000	(176,238)	53,863,903
Movements in convertible loans										(40,000,000)	40,000,000
Conversion of convertible loans										960,000	(960,000)
Recognition of subscription shares											50,000,000	50,000,000
Transaction costs on issuance of subscription shares											(2,500,000)	(2,500,000)
Movements in shared based payment reserve			15,495,254		(15,495,254)
Issuance of ordinary shares	1,258								1,258			1,258
Total transactions with shareholders	1,258		15,495,254		(15,495,254)				1,258	(39,040,000)	86,540,000	47,501,258
Total loss for the year								(23,583,342)	(23,583,342)		(1,910,878)	(25,494,220)
Total other comprehensive income for the year						115,864			115,864			115,864
Balance at Dec. 31, 2022	3,101	25,436,656	25,483,348		(15,495,254)	115,864	280,808	(44,290,602)	(8,466,079)		84,452,884	75,986,805
Exercise of share options	83	573,515	(11,103,650)		10,640,556				110,504			110,504
Exercise of RSUs	150	9,524,850	(14,379,698)		4,854,698
Share for share exchange	2,934	(2,934)
Public warrants	8	(6,944,463)		14,409,832	(6,587,352)				878,025			878,025
Private placement warrants		(380,475)		607,425	(226,950)
Earnouts to shareholders			248,464,035						248,464,035			248,464,035
Earnouts to sponsors			17,094,750						17,094,750			17,094,750
Issuances to SPAC shareholders and sponsors	800	79,960,740							79,961,540			79,961,540
Issuance to PIPE Investors	702	70,172,468							70,173,170			70,173,170
Issuance to Simulus shareholders	50	6,029,950							6,030,000			6,030,000
Equity issuance costs		(5,683,979)							(5,683,979)			(5,683,979)
Total transactions with shareholders	4,727	153,249,672	240,075,437	15,017,257	8,680,952				417,028,045			417,028,045
Total loss for the year								(363,874,560)	(363,874,560)		(788,832)	(364,663,392)
Total other comprehensive income for the year						(37,931)			(37,931)			(37,931)
Balance at Dec. 31, 2023	$ 7,828	$ 178,686,328	$ 265,558,785	$ 15,017,257	$ (6,814,302)	$ 77,933	$ 280,808	$ (408,165,162)	$ 44,649,475		$ 83,664,052	$ 128,313,527

Consolidated Cash Flow Statemen

Consolidated Cash Flow Statements - USD ($)	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Cash flows from operating activities
Total loss for year	$ (364,701,323)	$ (25,378,356)	$ (18,178,884)
Adjustments for:
SPAC transaction expenses	76,857,484
Share based compensation expense	265,558,785
Interest income	(567,190)	(224,389)	(10,979)
Amortization of intangibles	163,147	71,095	62,646
Foreign exchange loss (gain)	(179,640)	55,701	66,295
Movements in fair value adjustments in RSUs and options reserves			9,988,094
Loss of disposal on property and equipment		271,791
Impairment for VAT receivable	4,617,911
Interest expense	211,979	266,354
Gain on remeasurement of contingent consideration	(156,047)	(235,505)
Depreciation of property and equipment and right-of-use assets	878,810	247,034	25,527
Operating loss before working capital changes	(17,316,084)	(24,926,275)	(8,047,301)
Changes in trade and other receivables	(2,086,880)	(2,596,111)	(9,709)
Changes in related party receivables	114,216	(959,935)	(52,225)
Changes in inventories	(51,044)	(49,736)
Changes in other current assets	(1,207,977)	(543,280)
Changes in prepaid mining license	353	4,783	(848,125)
Changes in customer credit to related party		(208,550)	208,550
Changes in related party payable	132,048
Changes in trade and other payables	(6,564,427)	12,243,789	1,660,002
Net cash used in operating activities	(26,979,795)	(17,035,315)	(7,088,808)
Cash flows from investing activities
Interest received from bank	560,349	214,252	3,279
Restricted deposit released from escrow			8,004,370
Patent costs incurred	(90,978)	(92,545)	(110,239)
Expenditure on property and equipment	(697,431)	(277,364)	(93,750)
Expenditure on other intangible assets	(291,410)	(92,096)
Investment in exploration and evaluation assets	(51,355,297)	(5,709,171)
Acquisition of subsidiaries, net of cash acquired	(8,073,000)	(7,591)	(7,997,155)
Payment of contingent consideration relating to acquisition of subsidiaries		(2,000,000)
Interest from restricted deposit			594
Net cash used in investing activities	(59,947,767)	(7,964,515)	(192,901)
Cash flows from financing activities
Proceeds from exercise of stock options	110,504
Proceeds from exercise of warrants	878,025		10,759,630
Restricted deposit released from escrow			39,040,000
Net proceeds from PIPE transaction	70,173,170
Proceeds from SPAC acquisition	3,104,056
Share issuance costs	(5,683,979)
Payment of lease liabilities	(338,171)	(80,933)
Proceeds from receipt of subscription receivable, net of transaction costs	47,500,000
Net cash provided by (used in) financing activities	115,743,605	(80,933)	49,799,630
Net increase (decrease) in cash and cash equivalents	28,816,044	(25,080,763)	42,517,921
Cash and cash equivalents
Effect of exchange rate changes in cash	40,373	(8,137)
Beginning of the year	20,535,210	45,624,110	3,106,189
End of the year	$ 49,391,627	$ 20,535,210	$ 45,624,110

General Information

General Information	12 Months Ended
	Dec. 31, 2023
General Information [Line Items]
General information	1. Lifezone Metals Limited (the Company, individually and together with its controlled subsidiaries (“ Lifezone NYSE Lifezone’s registered office is located at Commerce House, 1 Bowring Road, Ramsey, IM8 2LQ, Isle of Man. The audited consolidated financial statements of Lifezone for the year ended December 31, 2023, were authorized for release in accordance with a resolution of the Directors of Lifezone on March Lifezone is a modern metals company engaged in the development, patenting, and licensing of its hydrometallurgical processing technology (“ Hydromet Technology -grade Information on other related party relationships of Lifezone is provided in Note 22. Background and basis for preparation History and organization Lifezone Holdings Limited (“ Lifezone Holdings Lifezone Holdings Transaction Flip -Up -Up As result of the Flip -Up -Up Lifezone Metals Limited was incorporated on December 8, 2022, for the purpose of effectuating the SPAC Transaction discussed as below. Prior to the consummation of the SPAC Transaction below, Lifezone Metals Limited had no material assets and did not operate any businesses. BHP investments Lifezone’s primary metals asset is the Kabanga Nickel Project in Tanzania, believed to be one of the world’s largest and highest grade undeveloped nickel sulfide deposits. The Kabanga Nickel Project could become a true mine -to-metal On December 24, 2021, BHP invested $10 million in Lifezone Limited and on December 24, 2021, KNL entered into a $40 million convertible loan agreement with BHP and Lifezone Limited established a joint venture with BHP under the Lifezone Subscription Agreement in relation to the Kabanga Nickel Project. Following the conversion of the convertible loan on July 1, 2022, BHP held an 8.9% interest in KNL, reflected within non -controlling On October 14, 2022, BHP agreed to invest a further $50 million in KNL in the form of equity under the Tranche 2 Subscription Agreement, the completion of which was subject to certain conditions. Lifezone Limited satisfied substantially all the closing conditions and received the $50 million on February 15, 2023, and issued a stock certificate on the same day, bringing BHP’s interest in KNL from 8.9% as of December 31, 2022, to 17.0%, effective February 15, 2023. Associated with this transaction, KNL paid $2.5 million equity issuance cost, with the liability to an investment bank accounted for as a payable in 2022. SPAC Transaction On December 13, 2022, Lifezone and GoGreen, an exempted under Section 4(a)(2) of the Securities Act and/or Regulation D, SPAC incorporated under the laws of the Cayman Islands and formerly listed on the NYSE, entered into a BCA with GoGreen Sponsor 1 LP, a Delaware limited partnership (the “ Sponsor Merger Sub Lifezone, Lifezone Holdings and GoGreen consummated the SPAC Transaction pursuant to the BCA (the “ SPAC Transaction Closing Closing Date The SPAC Transaction was accounted for as a capital reorganization (“ Reorganization The Reorganization, which is not within the scope of IFRS 3 — Business Combinations -based — Share -based Payment -time -cash GoGreen’s net assets as of July 6, 2023, prior to the Closing of the SPAC Transaction predominantly comprised of cash and cash equivalents, less current liabilities, are together considered the fair value of GoGreen’s identifiable net assets. In accordance with IFRS 2 paragraph Shares Fair value Fair value $ Previous GoGreen Sponsor shareholders 6,468,600 10.00 64,686,000 Previous GoGreen public shareholders 1,527,554 10.00 15,275,540 7,996,154 79,961,540 Fair value of GoGreen net assets (3,104,056 ) SPAC Transaction expense 76,857,484 The BCA was signed concurrent to the closing of the PIPE transaction, which raised $70.2 million of gross proceeds. Prior to the Closing, the SPAC incurred 94.47% of redemptions from public shareholders following a redemption vote deadline of June 27, 2023, leaving 1,527,554 residual shares in trust. At the Closing, Lifezone acquired GoGreen and former GoGreen shareholders received the number of Lifezone shares and warrants equal to their former holdings of GoGreen shares and warrants. The outstanding warrants formerly associated with GoGreen will therefore be recognized in Lifezone’s future reported financial position. Immediately prior to the Closing, holders of all outstanding Lifezone Holdings options (18,054 in total) and restricted stock units (30,000 in total) elected to exercise or settle, respectively, their options and restricted stock units for Lifezone Holdings shares. All outstanding Lifezone Holdings shares were subsequently exchanged for Lifezone shares at the Closing Date, which was on July 6, 2023, at a ratio of c. 94:1. The SPAC Transaction is expected to have a significant impact on Lifezone’s future capital structure and operating results. The most significant change in Lifezone’s reported financial positions is an approximate increase in cash and cash equivalents of $73.3 million from proceeds from the PIPE transaction consummated substantially simultaneously with the SPAC Transaction and $16.5 million GoGreen cash (post redemptions, but before paying all existing GoGreen liabilities), resulting in $86.6 million gross proceeds for Lifezone before listing and equity issuance costs. As a result of the SPAC Transaction, Lifezone as the new parent company, became a SEC -registered Following the Closing, but prior to the completion acquisition of Simulus on July 18, 2023, as described in detail below , -redemptions Pursuant to earnout arrangements under the BCA, former Lifezone Holdings and Sponsor shareholder will receive additional Lifezone shares if the daily volume -weighted -trading Trigger Event 1 -trading Trigger Event 2 Lifezone’s Form F -1 -day -up -day -up Lifezone’s shareholdings at the time of the Closing are summarized below. The table below excludes shares issued at the completion of the acquisition of Simulus which was completed on July 18, 2023, as discussed in Note 27. Shareholders Shares At Closing % At Shares Fully Diluted Previous Lifezone Holdings shareholders 62,680,131 80.7 % 62,680,131 52.5 % Previous GoGreen Sponsor shareholders 6,468,600 8.3 % 6,468,600 5.4 % Previous GoGreen public shareholders 1,527,554 2.0 % 1,527,554 1.3 % PIPE Investors 7,017,317 9.0 % 7,017,317 5.9 % Total 77,693,602 100.0 % 77,693,602 65.0 % Warrants ($11.50 Exercise Share Price) Previous GoGreen public warrants 13,800,000 11.6 % Previous GoGreen Sponsor warrants 667,500 0.6 % Total 14,467,500 12.1 % Earnout Trigger Event 1 ($14.00 per Share) Previous Lifezone Holdings shareholders 12,536,026 10.5 % Previous GoGreen Sponsor shareholders 862,500 0.7 % Total 13,398,526 11.2 % Earnout Trigger Event 2 ($16.00 per Share) Previous Lifezone Holdings shareholders 12,536,026 10.5 % Previous GoGreen Sponsor shareholders 862,500 0.7 % Total 13,398,526 11.2 % Fully Diluted Total 119,458,154 100.0 % Simulus acquisition On March 3, 2023, Metprotech, a wholly owned subsidiary of Lifezone, signed a share sale agreement with the shareholders of Simulus, a leading hydrometallurgical laboratory and engineering company located in Perth, Australia. The transaction formally closed on July 18, 2023, for a total consideration of $14.53 million comprising a $1.0 million deposit paid on March 27, 2023, a cash consideration of $7.5 million paid on closing and 500,000 Further information on the accounting of the Simulus acquisition is provided in Note 27.

Significant Accounting Policies

Significant Accounting Policies	12 Months Ended
	Dec. 31, 2023
Significant Accounting Policies [Abstract]
Significant accounting policies	2. 2.1 Lifezone’s audited consolidated financial statements for the year ended December 31, 2023, have been prepared in accordance with International Financial Reporting Standards (“the”), as issued by the IASB and are reported in U.S. dollars (“ USD $ The audited consolidated financial statements have been prepared on a historical cost basis unless otherwise stated. The principal accounting policies applied in the preparation of the audited consolidated financial statements have been consistently applied in all years presented. Management anticipates that all relevant pronouncements will be adopted for the first period beginning on or after the effective date of the pronouncement. The audited consolidated financial statements incorporate the results of the Flip -Up Business Combinations Accounting Policies, Changes in Accounting Estimates and Errors Name of subsidiary Principal activities Country of incorporation Principal Business Percentage (%) Ownership 2023 NCI 2023 Ownership 2022 NCI 2022 Aqua Merger Sub Holding company Cayman Islands Cayman Islands 100.0 % 0.0 % 0.0 % 100.0 % Lifezone Holdings Limited Holding company Isle of Man United Kingdom 100.0 % 0.0 % 100.0 % 0.0 % Lifezone Limited Holding company Isle of Man United Kingdom 100.0 % 0.0 % 100.0 % 0.0 % Lifezone US Holdings Limited Holding company United Kingdom United Kingdom 100.0 % 0.0 % 0.0 % 100.0 % Lifezone Holdings US, LLC Holding company United State of America United State of America 100.0 % 0.0 % 0.0 % 100.0 % Lifezone Services US, LLC Service company United State of America United State of America 100.0 % 0.0 % 0.0 % 100.0 % Lifezone Recycling US, LLC Recycling United State of America United State of America 100.0 % 0.0 % 0.0 % 100.0 % LZ Services Limited Service company United Kingdom United Kingdom 100.0 % 0.0 % 100.0 % 0.0 % Kabanga Holdings Limited Holding company Cayman Islands Cayman Islands 83.0 % 17.0 % 91.1 % 8.9 % Kabanga Nickel Company Limited Holding company Tanzania Tanzania 83.0 % 17.0 % 91.1 % 8.9 % Kabanga Nickel Limited Holding company United Kingdom United Kingdom 83.0 % 17.0 % 91.1 % 8.9 % Kagera Mining Company Limited Mining Tanzania Tanzania 83.0 % 17.0 % 91.1 % 8.9 % Lifezone Asia-Pacific Pty Ltd (formerly Metprotech Pacific Proprietary Limited) Service company Australia Australia 100.0 % 0.0 % 100.0 % 0.0 % The Simulus Group Pty Limited Holding company Australia Australia 100.0 % 0.0 % 0.0 % 100.0 % Simulus Pty Limited Laboratory and engineering Australia Australia 100.0 % 0.0 % 0.0 % 100.0 % Romanex International Limited Holding company Canada Canada 83.0 % 17.0 % 91.1 % 8.9 % Tembo Nickel Corporation Limited Mining Tanzania Tanzania 69.7 % 30.3 % 76.5 % 23.5 % Tembo Nickel Mining Corporation Limited Mining Tanzania Tanzania 69.7 % 30.3 % 76.5 % 23.5 % Tembo Nickel Refining Corporation Limited Refining Tanzania Tanzania 69.7 % 30.3 % 76.5 % 23.5 % The movement in NCI represents the increase of non -controlling -controlling On October -Pacific 2.2 The audited consolidated financial statements comprise the financial statements of Lifezone and its subsidiaries as of December 31, 2023. Control is achieved when Lifezone is exposed, or has rights, to variable returns from its involvement with the investee and has the ability to affect those returns through its power over the investee. Specifically, Lifezone controls an investee if, and only if, Lifezone has: • activities of the investee); • • Generally, there is a presumption that a majority of voting rights results in control. To support this presumption and when Lifezone has less than a majority of the voting or similar rights of an investee, Lifezone considers all relevant facts and circumstances in assessing whether it has power over an investee, including: • • • Lifezone re -assesses Profit or loss and each component of OCI are attributed to the equity holders of the parent (Lifezone) and to the non -controlling -controlling -group A change in the ownership interest of a subsidiary, without a loss of control, is accounted for as an equity transaction. If Lifezone loses control over a subsidiary, it derecognizes the related assets (including goodwill), liabilities, non -controlling The consolidated financial statements comprise the financial statements as of December 31, 2023, comprise the financial statements of subsidiaries below. On October 17, 2023, formerly Metprotech Pacific Proprietary Ltd changed its name to Lifezone Asia -Pacific Lifezone Holdings US, LLC, Lifezone Services US, LLC, Lifezone US Holdings LLC and Lifezone Recycling US, LLC were incorporated on September 15, 2023, in the state of Delaware, USA. Lifezone US Holdings Limited was incorporated on September 12, 2023, in England. On October 14, 2022, BHP also agreed to invest a further $50 million in KNL in the form of equity under the Tranche 2 Subscription Agreement, the completion of which is subject to certain conditions. Lifezone satisfied substantially all the closing conditions and received the $50 million on February 15, 2023, and issued a stock certificate on the same day, bringing BHP’s interest in KNL from 8.9% as of December 31, 2022, to 17.0%, effective February 15, 2023. Lifezone attributes total comprehensive income or loss of subsidiaries between the owners of the parent and the non -controlling 2.3 Lifezone measures its share options and reserve stock units at fair value at initial recognition. Fair value is the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date. The fair value measurement is based on the presumption that the transaction to sell the asset or transfer the liability takes place either: • • The fair value is measured using the assumptions that market participants would use when pricing the asset or liability, assuming that market participants act in their economic best interest. A fair value measurement of a non -financial Lifezone uses valuation techniques that are appropriate in the circumstances and for which sufficient data are available to measure fair value, maximizing the use of relevant observable inputs and minimizing the use of unobservable inputs. Equity Instruments for which fair value is measured or disclosed in the financial statements are categorized within the fair value hierarchy, described as follows, based on the lowest level input that is significant to the fair value measurement as a whole: • • • For instruments that are recognized in the financial statements at fair value, Lifezone determines whether transfers have occurred between levels in the hierarchy by re -assessing The management determines the policies and procedures for non -recurring External valuers are involved for valuation of the equity instruments. Involvement of external valuers is determined management. Selection criteria include market knowledge, reputation, independence and whether professional standards are maintained. Share options, earnout, warrants and restricted stock units are currently measured under Level 3. 2.4 Business combinations involving entities under common control are outside the scope of IFRS 3 — Business Combinations Accounting Policies, Changes in Accounting Estimates and Errors Business combinations under common control are accounted for using predecessor value method. The predecessor value method involves accounting for the assets and liabilities of the acquired business at the existing carrying values, and no goodwill is recorded. Any difference between the acquirer’s cost of investment and acquirees’ equity is presented separately as other reserve within equity on consolidation. The increase in the fair value of share -based Lifezone has applied the predecessor value method with comparative periods restated as if the combination had taken place at the beginning of the earliest comparative period presented. If Lifezone loses control of a subsidiary, it: (a) (b) (c) (d) (e) (f) -controlling -controlling 2.4.1. When an acquired business or set of assets and activities do not constitute a business under IFRS 3 — Business Combinations An acquired process is considered substantive if it is critical to the ability to continue producing outputs, and the inputs acquired include an organized workforce with the necessary skills, knowledge, or experience to perform that process or it significantly contributes to the ability to continue producing outputs and is considered unique or scarce or cannot be replaced without significant cost, effort or delay in the ability to continue producing outputs. Assets and liabilities are initially measured at cost allocated based on the relative fair value of the assets and liabilities acquired. As such no goodwill or bargain purchase gain is recognized upon acquisition. Any transaction costs are capitalized, and Lifezone does not recognize any deferred tax assets or liabilities which arise. Initial measurement of any contingent consideration which is included in the acquisition is recognized as a liability for the expected variable payments at the time control of the underlying assets and liabilities is obtained. Subsequent measurement of any change in the fair value of the contingent consideration is recognized in profit or loss in the year of change. 2.5 The management of Lifezone has assessed the going concern assumptions of Lifezone during the preparation of these consolidated financial statements. Lifezone had net comprehensive loss of $363,874,560 for the year ended December 31, 2023 (2022: $25,583,342), accumulated losses of $408,165,162 at December 31, 2023 (2022: $44,290,602), and positive cash flow of $28,816,044 for the year ended December 31, 2023, as a result of successful fundraising efforts, compared to negative cash flow $25,080,763 for the year ended December 31, 2022. As of December 31, 2023, Lifezone had consolidated cash and cash equivalents of $49.4 million. The cash flows for the year ended December 31, 2023, was $28.9 million (December 31, 2022: net outflows $25.0 million), consisting of $115.7 million of net inflows (December 31, 2022: net outflows $0.1 million) from financing activities arising from the completion of the SPAC Transaction, the PIPE transaction, and an investment by BHP in KNL. Net outflows from operating activities of $26.9 million (December 31, 2022: net outflows $17.0 million) and net outflows from investing activities of $60.1 million (December 31, 2022: net outflows $8.0 million), relate mainly to exploration and evaluation costs capitalized in relation to the Kabanga Nickel Project and the Simulus acquisition. On March 21, 2024 Lifezone announced the signing of a binding subscription agreement in relation to a $50 million convertible note, followed on March The audited consolidated financial statements have been prepared on a going concern basis which contemplates the continuity of normal business activities and the realization of assets and discharge of liabilities in the ordinary course of business. Lifezone has not generated significant revenues from operations and, as is common with many exploration -stage Lifezone’s future operating losses and capital requirements may vary materially from those currently planned and will depend on many factors including Lifezone’s growth rate, the execution of various growth projects, and the demand for the Hydromet Technology, exploration and evaluation cost and capital costs in relation to the Kabanga Nickel Project, and the demand and prices for the minerals we envision extracting in our metals extraction business and as well as for Lifezone’s working capital requirements. To enhance our liquidity position and increase our cash reserve for existing operations and future investments, we continue to explore arrangements with potential customers for the offtake of the metals that we expect to produce in the future from the Kabanga Nickel Project, and we may in the future seek equity, mezzanine, alternative or debt financing. Additionally, we may receive the proceeds from any exercise of any warrants in cash. Each Lifezone warrant represents the right to purchase one ordinary Lifezone share at a price of $11.50 per share in cash. Lifezone’s Form F -1 -day -up -day -up We believe the likelihood that warrant holders will exercise their warrants, and therefore the amount of cash proceeds that we would receive is dependent upon the market price of our Lifezone ordinary shares. On March In the event that Lifezone is unable to secure sufficient funding, it may not be able to fully develop its projects, and this may have a consequential impact on the carrying value of the related exploration and evaluation assets and the investment in its subsidiaries as well as the going concern status of Lifezone. Given the nature of Lifezone’s current activities, it will remain dependent on equity, mezzanine, alternative or debt funding or monetizing the offtake from the Kabanga Nickel Project until such time as the Lifezone becomes self -financing 2.6 These audited consolidated financial statements are presented in USD, which is Lifezone’s functional currency, and all values are rounded to the nearest USD, except where otherwise indicated. The functional currency is the currency of the primary economic environment in which the entity operates. Accordingly, Lifezone measures its financial results and financial position in USD, expressed as $ in this document. Lifezone incurs transactions mainly in USD. Other currencies include GBP, AUD and TZS. The subsidiaries LZSL a company incorporated in England and Wales; and Lifezone LZAP a company incorporated in Australia, are both wholly -owned The balances of the subsidiaries reporting under other currencies are translated to USD as discussed in Note 2.7. 2.7 Transactions in foreign currencies are initially recorded using the rate of exchange ruling at the date of the transaction. Foreign exchange gains and losses resulting from the settlement of such transactions, as well as from the translation at year -end Assets and liabilities are translated into Lifezone’s reporting currency using the exchange rates in effect at balance sheet dates. Equity accounts are translated at historical rates, except for the change in retained earnings during the year, which is the result of the income statement translation process. Revenue and expense accounts are translated using the weighted average exchange rate during the period. The cumulative translation adjustments associated with the net assets of foreign subsidiaries are recorded in accumulated other comprehensive income/loss in the consolidated statements of shareholder’s equity. Non -monetary 2.8 Lifezone presents assets and liabilities in the consolidated statement of financial position based on current/non -current An asset is classified as current when: (a) (b) (c) (d) All other assets are classified as non -current A liability is classified as current when: (a) (b) (c) (d) Lifezone classifies all other liabilities as non -current Deferred tax assets and liabilities are classified as non -current 2.9 Recognition Financial assets and financial liabilities are recognized when Lifezone becomes a party to the contractual provisions of the financial instrument. Classification and initial measurement of financial assets Except for those receivables that do not contain a significant financing component and are measured at the transaction price in accordance with IFRS 15 — Revenue from Contracts with Customers Financial assets, other than those designated and effective as hedging instruments, are classified into the following categories: • • • Lifezone does not have any financial assets categorized as FVTPL and FVOCI as at December 31, 2023, and 2022. The classification is determined by both: • • Subsequent measurement of financial assets Financial assets are measured at amortized cost if the assets meet the following conditions (and are not designated as FVTPL): • • After initial recognition, these are measured at amortized cost using the effective interest method and are subject to impairment. Discounting is omitted where the effect of discounting is immaterial. Lifezone’s cash and cash equivalents, other receivables, related party receivables and receivables from affiliated entities fall into this category of financial instruments. Derecognition A financial asset (or, where applicable, a part of a financial asset or part of a group of similar financial assets) is primarily derecognized (i.e., removed from Lifezone’s consolidated statement of financial position) when: • • -through When Lifezone has transferred its rights to receive cash flows from an asset or has entered into a pass -through Continuing involvement that takes the form of a guarantee over the transferred asset is measured at the lower of the original carrying amount of the asset and the maximum amount of consideration that Lifezone could be required to repay. Impairment of financial assets Financial assets are assessed for indicators of impairment at each balance sheet date. Financial assets are impaired when there is objective evidence that, as a result of one or more events that occurred after the initial recognition of the financial asset, the estimated future cash flows of the investment have been negatively impacted. For certain categories of financial assets, such as trade receivables, assets that are assessed not to be impaired individually are subsequently assessed for impairment on a collective basis. For financial assets carried at amortized cost, the amount of the impairment is the difference between the asset’s carrying amount and the present value of estimated future cash flows, discounted at the financial asset’s original effective interest rate. The carrying amount of the financial asset is reduced by the impairment loss directly for all financial assets with the exception of trade receivables, where the carrying amount is reduced through the use of an allowance account. When a trade receivable is considered uncollectable, it is written off against the allowance. Subsequent recoveries of amounts previously written off are credited against the allowance account. Changes in the carrying amount of the allowance account are recognized in profit or loss. If in a subsequent period the amount of the impairment loss decreases, and the decrease can be related objectively to an event occurring after the impairment was recognized, the previously recognized impairment loss is reversed through profit or loss to the extent that the carrying amount of the investment at the date the impairment is reversed does not exceed what the amortized cost would have been had the impairment not been recognized. Interest income For all financial instruments measured at amortized cost, interest income is recognized using the effective interest rate method. The effective interest rate is the rate that exactly discounts the estimated future cash receipts over the expected life of the financial instrument or a shorter period, where appropriate, to the net carrying amount of the financial asset. Interest income is recognized in the statement of comprehensive income. Classification and initial measurement of financial liabilities Financial liabilities are classified, at initial recognition, as financial liabilities at FVTPL and payables, as appropriate. All financial liabilities are recognized initially at fair value. Lifezone’s financial liabilities include trade and other payables, contingent consideration, and long -term Financial liabilities are measured subsequently at amortized cost using the effective interest method which are carried subsequently at fair value with gains or losses recognized in profit or loss. All interest -related Payables This category pertains to financial liabilities that are not held for trading or not designated as at FVTPL upon the inception of the liability. These include liabilities arising from operations (e.g., accounts payable, accrued liabilities). Payables are recognized initially at fair value and are subsequently carried at amortized cost. Amortized cost is calculated by taking into account any discount or premium on acquisition and fees or costs that are an integral part of the effective interest rate. This accounting policy applies to the Lifezone’s trade and other payables. Offsetting financial instruments Financial assets and financial liabilities are offset, and the net amount is reported in the statement of financial position if there is a currently enforceable legal right to offset the recognized amounts and there is an intention to settle on a net basis, or to realize the asset and settle the liability simultaneously. Derecognition Financial liabilities are derecognized when the associated obligation is discharged or cancelled or expires. When an existing financial liability is replaced by another from the same lender on substantially different terms, or the terms of an existing liability are substantially modified, such an exchange or modification is treated as the derecognition of the original liability and the recognition of a new liability. The difference in the respective carrying amounts is recognized in profit or loss and other comprehensive income. 2.10 Cash and cash equivalents Cash and cash equivalents comprise cash on hand and demand deposits, together with other short -term Lifezone has not experienced any losses on such amounts. 2.11 Provisions Provisions are recognized when Lifezone has a present obligation as a result of a past event, and it is probable that Lifezone will be required to settle the obligation. Provisions are measured at the best estimate of the expenditure required to settle the obligation at the balance sheet date and are discounted to present value where the effect is material. Asset retirement obligation Asset retirement obligations will be incurred by Lifezone either while operating, or at the end of the operating life of, Lifezone’s facilities and mine properties. Lifezone assesses its asset retirement obligation at each reporting date. Lifezone recognizes an asset retirement obligation where it has a legal and constructive obligation as a result of past events, and it is probable that an outflow of resources will be required to settle the obligation, and a reliable estimate of the amount of obligation can be made. Over time, the discounted liability is increased for the change in present value based on the discount rates that reflect current market assessments and the risks specific to the liability. The periodic unwinding of the discount is recognized in the Statement of Comprehensive loss as part of interest expense. 2.12 Accruals Accruals expenditure activities are accounted for in the year, not simply when cash payments are made. In particular: • • • 2.13 Contingencies Loss contingencies are recorded as liabilities when it is probable that a loss has been incurred and the amount of the loss can be reasonably estimated. Contingent assets are not recognized in accordance with IAS 37 Provisions, Contingent Liabilities and Contingent Assets. Initial measurement of any contingent consideration which arises from asset acquisition is recognized as a liability for the expected variable payments at the time of the transaction. Any change in the carrying value resulting from accretion of interest of the contingent consideration or remeasurement due to significant changes assumptions is recognized in the Statement of Comprehensive loss. 2.14 Investments in joint ventures Under the equity method, the investment in joint ventures is carried in the statement of financial position at cost and adjusted thereafter for the post -acquisition The financial statements of the joint venture are prepared for the same reporting period as Lifezone. When necessary, adjustments are made to bring the accounting policies in line with those of Lifezone. Lifezone determines at each reporting date whether there is any objective evidence that the investment in joint ventures is impaired in accordance with IFRS 9 — Financial Instruments Subsequent measurement In determining the value in use of the investments in joint ventures Lifezone estimates: (a) (b) Upon loss of significant influence over a joint venture, Lifezone measures and recognizes any retaining investment at its fair value. Any difference between the carrying amount of a upon loss of significant influence and the fair value of the retaining investment and proceeds from disposal is recognized in profit or loss. 2.15 Property and equipment Property and equipment are initially recognized at acquisition cost and carried at historical cost less accumulated depreciation and impairment losses, if any. Subsequent acquisitions are included in the asset’s carrying amount or recognized as a separate asset as appropriate only when it is certain the item can be measured reliably. Depreciation is calculated using the straight -line When significant parts of property and equipment are required to be replaced in intervals, Lifezone recognizes such parts as individual assets with specific useful lives and depreciation, respectively. The carrying amount of those parts that are replaced is derecognized in accordance with the derecognition provisions of IAS 16 Property, plant and equipment When a major inspection is performed, its cost is recognized in the carrying amount of the property and equipment as a replacement if the recognition criteria are satisfied. All other repair and maintenance costs are recognized in profit or loss as incurred. Depreciation is calculated on a straight -line Office and computer equipment 5 years Laboratory and testing equipment 2 Years Furniture 5 years Buildings 39 years Vehicles/Transportation equipment 5 years An item of property and equipment and any significant part initially recognized is de -recognized -recognition The assets’ residual values, useful lives and methods of depreciation are reviewed at each financial year -end 2.16 Exploration and evaluation expenditure Lifezone’s activity involves the search for mineral resources, the determination of technical feasibility and the assessment of commercial viability of an identified mineral resource, and reports exploration and evaluation expenditure under IFRS 6 — Leases Core exploration and evaluation activities include: • • • • • • • • • • Lifezone applies the area of interest method when accounting for exploration and evaluation costs. All direct costs related to the acquisition of exploration rights are capitalized on a property -by-property -by-property Costs expensed during this phase are included in “General and administrative expenses’ in the statement of profit or loss and other comprehensive income. Exploration and evaluation assets consist of certain mining data acquired in conjunction with the acquisition in 2021. The mining data has an indefinite life and is not being amortized. Following the completion of the ongoing definitive feasibility study which involves capital expenditure to identify and delineate mineral reserves through geological and geotechnical surveying and drilling, at that point, the useful life of the exploration and evaluation assets will be determined and amortized. Exploration and evaluation assets assessed for impairment when facts and circumstances suggest that their carrying amount may not be recoverable. Where the carrying value of an asset exceeds its recoverable amount, which is the higher of value in use and fair value less costs to sell, the asset is written down. An impairment loss is charged to profit or loss in the statement of comprehensive income. An exploration and evaluation asset shall no longer be classified as such when the technical feasibility and commercial viability of extracting a mineral resource are demonstrable. Exploration and evaluation assets shall be assessed for impairment indicators, and any impairment loss recognized, before reclassification. For the purposes of assessing impairment indicators, assets are grouped at the lowest levels for which there are largely independent cash flows (cash -general -generating An impairment review is undertaken when indicators of impairment arise, but typically when one of the following circumstances apply: • • • • 2.17 Inventories Inventories are stated at the lower of cost (calculated on a weighted average basis) and net realizable value. Net realizable value refers to the net amount that an entity expects to realize from the sale of inventory in the ordinary course of business. Inventories currently largely consist of fuel used by vehicles, machinery and for power generation in relation to the Kabanga Nickel Project. Cost comprises direct purchase costs. 2.18 Other Intangible assets with finite lives Recognition Lifezone’s other intangible assets consist of computer software and patents. Other intangible assets are initially recognized at acquisition cost or acquired as part of a business combination and carried at historical cost less accumulated amortization and impairment losses, if any. Subsequent acquisitions are included in the asset’s carrying amount or recognized as a separate asset as appropriate only when it is probable that future economic benefits associated with the item will flow to Lifezone and the cost of the item can be measured reliably. The useful lives of other intangible assets are assessed as either finite or indefinite. Other Intangible assets are amortized on a straight -line Computer software 3 years Patents 12 years Other Intangible assets with finite lives are amortized over their useful economic lives and assessed for impairment whenever there is an indication that the intangible asset may be impaired. Amortization is calculated using the straight -line Subsequent measurement Changes in the expected useful life or the expected pattern of consumption of future economic benefits embodied in the asset are considered to modify the amortization period or method, as appropriate, and are treated as changes in accounting estimates. The amortization expense on intangible assets with finite lives is recognized in the statement of profit or loss and other comprehensive income in the expense category that is consistent with the function of the intangible assets. Derecognition Gains or losses arising from derecognition of an intangible asset are measured as the difference between the net disposal proceeds and the carrying amount of the asset and are recognized in the statement of profit or loss and other comprehensive income when the asset is derecognized. 2.19 Impairment of non-financial assets 2.19.1. Lifezone assesses at each reporting date, whether there is an indication that an asset (or CGU) may be impaired. If any indication exists, or when annual impairment testing for an asset is required, Lifezone estimates the asset’s or CGU’s recoverable amount. An asset’s recoverable amount is the higher of an asset’s or CGU’s fair value less costs of disposals and its value in use. When the carrying amount of an asset (or a cash -generating An intangible asset with an indefinite useful life is not amortized but is tested annually for impairment. 2.19.2. Goodwill is tested for impairment at least annually and when circumstances indicate that the carrying value may be impaired. Impairment is determined for goodwill by assessing the recoverable amount of each CGU (or group of CGUs) to which the goodwill relates. Where the recoverable amount of the CGU is less than its carrying amount including goodwill, an impairment loss is recognized. Impairment losses relating to goodwill cannot be reversed in future periods. 2.20 Share capital Share capital represents the nominal par value of shares that have been issued. Share capital may be issued in consideration for services provided to Lifezone. The amount of share capital issued is based on the fair market value of the services provided. 2.21 Share premium Share premium includes any consideration received in excess of the par value upon the issue of share capital. Any transaction costs associated with the issuing of shares are deducted from share premium, net of any related taxes. 2.22 Interest expense and income Interest income is recognized using the effective interest rate method. Interest income is derived from interest on funds shareholder loans and cash in bank. All interest -related 2.23 Expenses Expenses are recognized in profit or loss upon utilization of the service or as incurred. 2.24 Revenue recognition Revenue is attributable to the Lifezone‘s principal activity from its consulting and management services with regards to Lifezone’s licenses of patents for use in mineral beneficiation operations to affiliated co

Key Sources of Estimation and U

Key Sources of Estimation and Uncertainty	12 Months Ended
	Dec. 31, 2023
Key Sources of Estimation and Uncertainty [Abstract]
Key sources of estimation and uncertainty	3. Significant accounting judgements and estimates The preparation of the Lifezone’s audited consolidated financial statements requires management to make judgements, estimates and assumptions that affect the reported amounts of revenues, expenses, assets and liabilities, and the accompanying disclosures, and the disclosure of contingent liabilities. Uncertainty about these assumptions and estimates could result in outcomes that require a material adjustment to the carrying amount of assets or liabilities affected in the future period. The judgements, estimates and assumptions applied in the audited consolidated financial statements, including the key sources of estimation uncertainty, were the same as those applied in Lifezone’s (and its predecessor holding companies) last annual financial statements for the year ended December 31, 2022. 3.1 3.1.1. The ownership of both LZL and KNL was significantly changed on June 24, 2022. This reorganization was completed to simplify the ownership structure and management deemed the business combination to be a business combination under common control as there is no change in the ultimate owners and therefore outside the scope of IFRS 3 — Business Combinations -Up Management could either use the acquisition or predecessor value method to account for the business combination. In order to determine which method suits the business combination best, we considered the following facts in making the determination: • -up • -existing • • -up Based on the four points above, predecessor accounting was deemed the appropriate method of accounting for the business combination. 3.1.2. The use of going concern assumption requires management to make judgments at a particular point in time about the future outcome of events and conditions that are inherently uncertain. The underlying assumption in the preparation of financial statements is that the Company has neither the intention nor the need to liquidate the business. Management takes into account as a whole range of factors related to expected probability and sources of financing. As of December On March 3.1.3 Exploration and evaluation assets capitalization The application of Lifezone’s accounting policy for exploration and evaluation expenditure requires judgement, the use of estimates and assumptions to determine whether future economic benefits are likely from either future exploitation or sale. Under IFRS 3.1.4 Existence of impairment indicators for exploration and evaluation assets Lifezone capitalizes certain exploration and evaluation expenses in accordance with its accounting policy. There is no certainty that costs incurred during exploration and evaluation will result in discoveries of commercial quantities of minerals. Lifezone applies judgment to determine whether indicators of impairment exist for these capitalized costs. At December 31, 2023, Lifezone concluded that no impairment indicators exist for any of its exploration and evaluation assets and that the capitalized costs are supported by external (market capitalization) and internal valuations. 3.1.5 Assessment of classification of earnouts Earnouts represent payment arrangements whereby the additional purchase consideration on acquisition is contingent on the future financial performance of the company. Earnouts are classified as either a liability or equity on inception, depending on the terms of the agreement. Lifezone determined both Lifezone Holdings and Sponsor shareholder earnout should be classified as equity after assessment under IFRS 2 - Share -based 3.1.6 Assessment of warrants Lifezone assumed the outstanding warrants of the SPAC following the SPAC transaction. Under the agreement, all existing warrants of the SPAC will be assumed and replaced for Lifezone warrants and will entitle holders of Lifezone ordinary shares upon exercise. Management applied IAS 32 to determine whether the assumed warrants are financial liabilities or equity instruments. As the warrants may only be exercised for a fixed number of shares for a fixed price, Lifezone concluded that the warrants should be accounted for as an equity instrument. 3.2. The key assumptions concerning the future and other key sources of estimation uncertainty at the reporting date, that have a significant risk of causing a material adjustment to the carrying amounts of assets and liabilities within the next financial year, are described below. Lifezone based its assumptions and estimates on parameters available when the audited consolidated financial statements were prepared. Existing circumstances and assumptions about future developments, however, may change due to market changes or circumstances arising that are beyond the control of Lifezone. Such changes are reflected in the assumptions when they occur. 3.2.1 Impairment of non-financial assets goodwill Goodwill is tested at least annually for impairment as part of a cash generating unit, and the recoverable amount is based on the value in use. The estimation of recoverable amount requires management to make significant assumptions, including projected cash flows, discount rates and growth rates. The assumptions used in the calculation of Goodwill’s recoverable amount are presented in Note 14. 3.2.2 Share-based payments — Fair value of options and restricted stock units (RSUs) Lifezone had equity -settled -settled -settled -vesting -based -Scholes -based 3.2.3 Share-based payments — Fair value of earnouts Earnouts represent payment arrangements whereby the additional purchase consideration on acquisition is contingent on the future financial performance of the company. Earnouts are classified as either a liability or equity on inception, depending on the terms of the agreement. Earnouts assessed to be share -based -free 3.2.4 Fair value of warrants Warrants classified as equity ae measured at fair value art recognition, which is the assumption date for Lifezone. The fair value assumption date, which in Lifezone inception, depending on the terms of the agreement. The fair value of both the public warrants and private warrants are valued using a Black -Scholes

Segment Information

Segment Information	12 Months Ended
	Dec. 31, 2023
Segment Information [Abstract]
Segment information	4. For management purposes, Lifezone is organized into business units based on the main types of activities and has two reportable operating segments, as follows: • • The Metals extraction and refining segment of the business consists of Lifezone’s interest in KNL, comprising the Kabanga Nickel Project in Tanzania. The IP segment comprises patents residing with and managed by Lifezone’s subsidiary Lifezone Limited, a team of highly trained engineers and scientists based in Lifezone’s newly acquired Simulus hydromet laboratory based in Perth, a strategic partnership with Sedibelo and IDC regarding the development of the potential Kell -Sedibelo-Lifezone Further information on the accounting of the Simulus acquisition is provided in Notes 1 and 27. The Chief Executive Officer ensures that the corporate strategy is being implemented. He manages Lifezone on a day -to-day Each of these operating segments is managed separately as each requires different technological expertise, marketing approaches and other resources. All inter -segment Operating profit or loss is the segment measure of profit or loss, presented in both gross profit and income before taxes. Inter -segment -segment -segment Intellectual Metals Inter-Segment Total $ $ $ $ For the year ended December 31, 2023 Revenue from external customers 12,308,791 2,337,403 (13,168,368 ) 1,477,826 Interest income 259,089 308,101 — 567,190 Gain (loss) on foreign exchange (23,960 ) 203,600 — 179,640 General and administrative expenses (9,202,225 ) (370,044,345 ) 13,168,368 (366,078,202 ) Gain on remeasurement of contingent consideration — 156,047 — 156,047 Interest expense (13,342 ) (198,637 ) — (211,979 ) Operating gain/(loss) 2,574,439 (367,237,831 ) — (364,663,392 ) For the year ended December 31, 2023 Segment assets 3,451,925 138,810,428 — 142,262,353 Segment liabilities (2,514,159 ) (11,434,667 ) — (13,948,826 ) Intellectual Metals Inter-Segment Total $ $ $ $ For the year ended December 31, 2022 Revenue from external customers 12,472,124 — (9,544,664 ) 2,927,460 Interest income 95,064 129,325 — 224,389 Loss on foreign exchange (6,068 ) (49,633 ) — (55,701 ) General and administrative expenses (5,136,544 ) (32,967,639 ) 9,544,664 (28,559,519 ) Gain on remeasurement of contingent consideration — 235,505 — 235,505 Interest expense — (266,354 ) — (266,354 ) Operating gain/(loss) 7,424,576 (32,918,796 ) — (25,494,220 ) For the year ended December 31, 2022 Segment assets liabilities 13,072,760 83,904,291 — 96,977,051 Segment liabilities (8,693,200 ) (12,297,046 ) — (20,990,246 ) Intellectual Metals Inter-Segment Total $ $ $ $ For the year ended December 31, 2021 Revenue from external customers 2,092,575 — — 2,092,575 Interest income 10,385 594 — 10,979 Gain (loss) on foreign exchange 7,592 (73,887 ) — (66,295 ) General and administrative expenses (11,260,080 ) (8,795,223 ) — (20,055,303 ) Interest expense — (160,840 ) — (160,840 ) Loss before tax (9,149,528 ) (9,029,356 ) — (18,178,884 ) For the year ended December 31, 2021 Segment assets 12,499,446 50,341,931 (949,628 ) 61,891,749 Segment liabilities (839,647 ) (7,363,199 ) 175,000 (8,027,846 )

Revenue

Revenue	12 Months Ended
	Dec. 31, 2023
Revenue [Abstract]
Revenue	5. For the years ended, December 31, December 31, December 31, $ $ $ Kellplant Proprietary Ltd 129,680 1,510,830 1,466,825 Kelltechnology SA Proprietary Ltd 684,407 1,344,039 625,750 Consulting and management fee with affiliated companies 814,087 2,854,869 2,092,575 Non-affiliated company revenue 663,739 72,591 — 1,477,826 2,927,460 2,092,575 Revenue is attributable to hydromet consulting related to mineral beneficiation operations of affiliated companies and technical and laboratory services provided by Simulus to an array of customers. The affiliated entities are joint venture entities of Lifezone. Lifezone Limited has a 50% interest in Kelltech Limited, a joint venture with Sedibelo Resources Limited. Lifezone Limited has an indirect 33.33% interest in KTSA, a subsidiary of Kelltech Limited, and Kellplant Proprietary Ltd (“ Kellplant Non -affiliated

Interest Income

Interest Income	12 Months Ended
	Dec. 31, 2023
Interest Expense [Abstract]
Interest income	6. For the years ended, December 31, December 31, December 31, $ $ $ Interest on related party loan 6,841 6,821 7,357 Other interest revenue 560,349 217,568 3,622 Consulting and management fee with affiliated companies 567,190 224,389 10,979 Other interest revenue arises from cash in bank deposits with bank interest averaging 0.10 – 5.19% over the period.

Interest Expense

Interest Expense	12 Months Ended
	Dec. 31, 2023
Interest Expense [Abstract]
Interest expense	7. For the years ended, December 31, December 31, December 31, $ $ $ Interest accretion on contingent consideration 23 159,904 243,657 160,840 Interest accretion on lease liability 21 52,075 20,745 — Other interest expenses — 1,952 — 211,979 266,354 160,840

Summary statement of employee b

Summary statement of employee benefits	12 Months Ended
	Dec. 31, 2023
Summary statement of employee benefits, depreciation and amortization for the years ended [abstract]
Summary statement of employee benefits	8. Salaries and employee benefits amounted to $5,698,761, $4,403,080 and $543,006 for years ended December -based -term Nil -employment

General and Administrative Expe

General and Administrative Expenses	12 Months Ended
	Dec. 31, 2023
General and Administrative Expenses [Abstract]
General and administrative expenses	9. The following summary key expenses are included in administrative expenses for the year ended: For the years ended, Note December 31, December 31, December 31, $ $ $ Wages & employee benefits 5,698,761 4,403,080 543,006 Professional fees 3,099,798 6,525,039 6,722,078 Drilling and site costs — 150,173 225,838 Directors’ fees 591,631 192,298 30,353 Legal expenses 5,121,915 10,278,807 1,234,066 Exploration expenses 59 1,314,483 216,990 Depreciation of property and equipment 13 524,959 129,596 25,527 Depreciation of right of use asset 13 353,851 117,436 — Loss on disposal of property and equipment 13 — 271,789 — Amortization of intangible assets 15 163,147 71,095 62,646 Provision for VAT receivable 11 4,617,911 — — Share-based expense – Lifezone Holdings shareholder earnout 25 248,464,035 — — Share-based expense – Sponsor earnout 25 17,094,750 — — SPAC transaction expenses 1 76,857,484 — — Share-based payment expense – share options 25 — — 463,094 Share-based payment expense – restricted stock units 24 — — 9,525,000 Gain (loss) on foreign exchange (179,640 ) 55,701 66,295 Lifezone incurred costs of $23.2 million associated with the SPAC and PIPE transactions over 2023 and 2022, of which $9.6 million were accrued in 2022, while $13.5 million were incurred in 2023. Lifezone has apportioned $5.7 million as directly attributable to equity issuance fees recognized within shareholder’s equity resulting in a net balance of $7.9 million expensed which is included in Professional and Legal fees above for the year ended December 31, 2023 (2022: $9.6 million). Other increase in the general and administrative expenses was primarily due to an increase of $1,695,906 in wages and employee benefits on account of an increase in the number to 189 employees as of December 31, 2023 (93: December 31, 2022). Please see Note 11 for details on the “Provision for VAT receivable”. Share -based Share -based Payment These earnouts relate to shares granted to previous Lifezone Holdings shareholders and Sponsor shareholders. In addition, related to the SPAC Transaction, Lifezone has recognized $76,857,484 as SPAC transaction expenses to account for the excess of fair value of equity in Lifezone issued to participating (non -redeeming Lifezone capitalized drilling, site costs, exploration, study costs and resettlement compensation expenses during year ended December 31, 2023, and 2022 to exploration and evaluation assets following advancement in its exploration and study program as disclosed in detail in Note 16.

Cash and Cash Equivalents

Cash and Cash Equivalents	12 Months Ended
	Dec. 31, 2023
Cash and Cash Equivalents [Abstract]
Cash and cash equivalents	10. December 31, December 31, $ $ USD – United States dollar 46,129,886 18,867,216 GBP – Sterling 792,017 432,044 EUR – EURO 148,519 — AUD – Australian dollar 1,769,872 978,513 ZAR – South African Rand 50,587 — TZS – Tanzania Shilling 500,787 257,437 Cash and cash equivalents 49,391,627 20,535,210 Made up of; Cash at banks and on hand 44,391,627 20,535,210 Short-term deposits 5,000,000 — Cash and cash equivalents 49,391,627 20,535,210 For details on interest earned see Note 6.

Trade and Other Receivables

Trade and Other Receivables	12 Months Ended
	Dec. 31, 2023
Trade and Other Receivables [Abstract]
Trade and other receivables	11. Other receivables consist of the following: Note December 31, December 31, $ $ VAT/GST receivables 513,334 2,827,070 Other receivables 696,968 158,231 Receivables from affiliated entities 22 1,433,243 959,935 Prepayments 1,768,923 560,946 Related party receivables 22 75,000 655,683 Prepaid mining license 842,989 843,342 5,330,457 6,005,207 Receivables from affiliated entities Relate to short term services and payments on behalf of affiliated entities disclosed in Note 22. Trade receivables arising from revenue activities are included as part of receivables from affiliated entities. Credit terms are 30 days from the start of the period being charged. VAT/GST receivables Short term and receivable within twelve months following applicable VAT refund application in the local tax jurisdiction. Lifezone has VAT receivables with Tanzanian, United Kingdom, and Australian tax authorities amounting to $5,131,245 of which $4,617,911 relates to TNCL as of December 31, 2023. VAT refunds were submitted and acknowledged by the Tanzania Revenue Authority (TRA) as of December 31, 2023, totaling $2,543,783 (TZS 6,375,406,063). On November 30, 2023, the TRA informed Lifezone’s Tanzanian subsidiary TNCL of its decision to reject the application for VAT refunds for the period covering August 1, 2021 — July 31, 2023, amounting to $1,939,879 (TZS 4,861,636,353). In accordance with prudent financial management practices, the company has made a provision for the whole Tanzanian VAT receivable amounting to $4,617,911 as at December 31, 2023. The argument of the TRA is that TNCL accumulated VAT credits because Lifezone did not produce any taxable supplies during the period. TNCL has defended its submission and outlined that economic activities exist even when a company invests to lay the foundation for later supply goods or services. In our opinion, the lack of profit in a period does not mean that there is absence of an economic activity as defined in local tax laws. The provision in relation to the VAT refund reflects a situation where the company is forced to write off its VAT receivable if the dispute is resolved unfavorably. Lifezone will continue to monitor the situation closely, is lobbying the government of Tanzania as the rejection to claim VAT refund would make the investment in the Kabanga Nickel Project significantly more expensive and will adjust the provision to reflect the most accurate estimate of the potential outcome going forward. Prepayments Includes D&O annual insurance premium, in addition to a 6 -year Prepayments include a $400,000 non -refundable -binding There can be no assurance that the Dutwa acquisition will be completed, as negotiations are ongoing, closing being subject to the parties entering into definitive documentation and the fulfilment of various conditions. Under negotiation is among other things the consideration to be paid in cash for the Dutwa Nickel Project, which Lifezone aims to adjust considering, amongst other matters, changes in the Nickel market environment. As at the date of these audited consolidated financial statements discussions between the Government of Tanzania and the sellers of the Dutwa Project were believed to be ongoing. TNCL is required to pay an annual fee to maintain its mining license with the Tanzanian Mining Commission. The prepaid portion of the fee was $842,989 as of December 31, 2023 (2022: $843,342). The remaining $534,704 prepayment balance relates to general prepayments across the business. All other receivables are short term in nature.

Inventories

Inventories	12 Months Ended
	Dec. 31, 2023
Inventories [Abstract]
Inventories	12. December 31, December 31, $ $ Fuel 100,780 49,736 Fuel is used by vehicles, machinery and for power generation in relation to the Kabanga Nickel Project and stored at the Kabanga camp site. These are attributable to exploration and evaluation activity and capitalized to Exploration and evaluation assets as consumed.

Property and Equipment and Righ

Property and Equipment and Right-of-Use Assets	12 Months Ended
	Dec. 31, 2023
Property and Equipment and Right-of-Use Assets [Abstract]
Property and equipment and right-of-use assets	13. Lifezone’s property and equipment and right -of-use Buildings Transportation equipment Office and Laboratory Total Right-of- Total $ $ $ $ $ $ $ Cost As at January 1, 2022 932,623 41,457 52,292 — 1,026,372 — 1,026,372 Additions — 82,495 202,369 — 284,864 469,743 754,607 Disposals for the period (255,346 ) — (16,445 ) — (271,791 ) — (271,791 ) As at December 31, 2022 677,277 123,952 238,216 — 1,039,445 469,743 1,509,188 Accumulated depreciation As at January 1, 2022 (14,713 ) (7,773 ) (3,041 ) — (25,527 ) — (25,527 ) Charge (22,068 ) (36,639 ) (70,889 ) — (129,596 ) (117,436 ) (247,032 ) As at December 31, 2022 (36,781 ) (44,412 ) (73,930 ) — (155,123 ) (117,436 ) (272,559 ) Cost As at January 1, 2023 677,277 123,952 238,216 — 1,039,445 469,743 1,509,188 Additions from acquisitions — — 220,698 4,704,783 4,925,481 464,264 5,389,745 Foreign exchange impact — — 1,419 16,664 18,082 — 18,082 Additions — 75,551 621,732 148 697,431 1,230,792 1,928,222 As at December 31, 2023 677,277 199,503 1,082,064 4,721,595 6,680,439 2,164,799 8,845,238 Accumulated depreciation As at January 1, 2023 (36,781 ) (44,412 ) (73,930 ) — (155,123 ) (117,436 ) (272,559 ) Foreign exchange impact — — (300 ) — (300 ) — (300 ) Charge (22,068 ) (66,839 ) (42,298 ) (393,454 ) (524,659 ) (353,851 ) (878,510 ) As at December 31, 2023 (58,849 ) (111,251 ) (116,528 ) (393,454 ) (680,082 ) (471,287 ) (1,151,369 ) Net book value: As at December 31, 2022 640,496 79,540 164,286 — 884,322 352,307 1,236,629 As at December 31, 2023 618,428 88,252 965,536 4,328,141 6,000,357 1,693,512 7,693,869 In 2022 Lifezone disposed of certain buildings and office and computer equipment with a carrying value of $271,791. These assets relate to the Tanzanian operations deemed no longer in use. Lifezone recognized a loss on disposal of property and equipment amounting to $271,791 in the Statement of Comprehensive Income. There were no disposals during the year ended December 31, 2023. Non -cash

Goodwill

Goodwill	12 Months Ended
	Dec. 31, 2023
Goodwill [Abstract]
Goodwill	14. $ Cost As at January 1, 2023 — Acquired through business combination 9,020,813 As at December 31, 2023 9,020,813 Accumulated impairment As at January 1, 2023 — As at December 31, 2023 — As at December 31, 2023 9,020,813 Goodwill recognized in the period relates to the acquisition of Simulus, a leading hydrometallurgical laboratory and engineering company located in Perth, Australia by Lifezone Asia -Pacific Management, with the assistance of an independent valuation specialist have concluded that no identifiable intangible assets existed from the acquisition of Simulus. Management have concluded that the fair value of the intangible assets acquired as a result of the Simulus acquisition was de minimis (i.e., no independent value existed). Based on this conclusion any intangible assets that may exist are not required to be recorded and classified outside of goodwill. Management also determined that recording and classifying a de minimis amount of intangible assets within goodwill would not cause the financial statements to be misleading and/or cause a reasonable user of the financial statements to arrive at a different conclusion. For the purpose of annual impairment testing, goodwill is allocated to the operating segments expected to benefit from the synergies of the business combinations in which the goodwill arises as set out below, and is compared to its recoverable value: $ Goodwill allocated to cash generating unit Intellectual Property 9,020,813 As at December 31, 2023 9,020,813 Lifezone has reviewed the revenue -generating The recoverable amount of the Simulus business was determined based on value -in-use -year $ Recoverable amount of each cash generating unit Intellectual Property 9,020,813 As at December 31, 2023 9,020,813 The following paragraphs describe the key assumptions on which management has based its cash flow projections for the period covered by the most recent budgets/forecasts and a description of management’s approach to determining the value(s) assigned to each key assumption: Key Assumptions Management’s key assumptions include: • • • Cash flow projections Cash flow projections are based on management’s approved budget for 2024 and expected workflow, among other assumptions. This was then extrapolated throughout the forecast period after which, the expected cash flows for the remaining useful life were calculated using a growth rate determined by management as outlined below: Growth rates The growth rate of 1.5% reflects the long -term Discount rates The present value of the expected cash flow of each segment is determined by applying a suitable discount rate. The discount rate of 9.40% was derived based on WACC for comparable entities in the laboratory services industry, based on market data. The discount rates reflect appropriate adjustments relating to market risk, specific risk factors of each cash generating unit (incorporating adjustments for geographic location) and company specific risks. Management considered cash flows for the Laboratory Services and consulting to be closely linked to the resources sector, which is cyclical in nature but given the jurisdiction in which the business operates is underpinned by resource extraction, management considered these cashflows to be stable and predictable. The stability of these of the cashflows were considered when determining the applicability of any adjustments to this rate. Sensitivity analysis Sensitivity analysis were performed over key inputs assuming that these will be affected by volatilities within the ranges of +/ -1 Discount rate 9.40% Discount rate 7.40 % 8.40 % 9.40 % 10.40 % 11.40 % Recoverable amount (in millions) $ 21.59 $ 18.91 $ 16.77 $ 15.03 $ 13.56 Growth rate 1.50% Growth rate -0.50 % 0.50 % 1.50 % 2.50 % 3.50 % Recoverable amount (in millions) $ 15.73 $ 16.19 $ 16.77 $ 17.52 $ 18.53

Patents and Other Intangibles

Patents and Other Intangibles	12 Months Ended
	Dec. 31, 2023
Other Intangibles [Abstract]
Patents and Other Intangibles	15. Patents Software Total Other $ $ $ Cost As at January 1, 2022 806,868 — 806,868 Additions 92,545 92,096 184,641 As at December 31, 2022 899,413 92,096 991,509 Accumulated amortization As at January 1, 2022 (225,451 ) — (225,451 ) Charge (71,095 ) — (71,095 ) As at December 31, 2022 (296,546 ) — (296,546 ) As at December 31, 2022 602,867 92,096 694,963 Cost As at January 1, 2023 899,413 92,096 991,509 Additions during the period 90,978 291,410 382,388 As at December 31, 2023 990,391 383,506 1,373,897 Accumulated amortization As at January 1, 2023 (296,546 ) — (296,546 ) Charge (78,742 ) (84,405 ) (163,147 ) As at December 31, 2023 (375,288 ) (84,405 ) (459,693 ) As at December 31, 2023 615,103 299,101 914,204 Lifezone’s intellectual property includes six active patent families, covering various enhancements to the Hydromet technology process for metal production from ores, concentrates and other feedstocks, including platinum group metals, gold, silver, base metals and rare earth metals. These enhancements span the handling of gangue elements, purification steps, diverse feed materials, and carbon emissions minimization.

Exploration and Evaluation Asse

Exploration and Evaluation Assets and Mining Data	12 Months Ended
	Dec. 31, 2023
Exploration and evaluation assets and mining data [Abstract]
Exploration and evaluation assets and mining data	16. Mining Data Exploration and evaluation assets Total $ $ $ Cost As at January 1, 2022 12,746,135 — 12,746,135 Additions — 5,709,171 5,709,171 As at December 31, 2022 12,746,135 5,709,171 18,455,306 Cost As at January 1, 2023 12,746,135 5,709,171 18,455,306 Additions — 51,355,297 51,355,297 As at December 31, 2023 12,746,135 57,064,468 69,810,603 The capitalization of exploration and evaluation costs assumes that there is a reasonable prospect that the project can be developed into a profitable mining operation and that the exploration and evaluation expenditure and study work relating to a mineral resource within a valid license area could result in cash in -flows Lifezone assesses on a project -by-project Where Lifezone is unsuccessful in acquiring or being granted a tenement area, any such costs are immediately expensed. All costs incurred prior to securing the legal right to undertake exploration activities on a project are written -off Additions during the period are capitalized costs incurred in the exploration and evaluation of the Kabanga Nickel Project in Tanzania. Finance costs, to the extent they are directly attributable to financing these activities, and appropriate technical and administrative overheads incurred in connection to exploration and evaluation activities are capitalized if Lifezone believes that a high probability exists that the project can be developed into a successful mine. During 2023 TNCL has made resettlement compensation payments to landowners of $2,189,928 (2022 $ Nil

Subscription Receivable

Subscription Receivable	12 Months Ended
	Dec. 31, 2023
Subscription Receivable [Abstract]
Subscription receivable	17. December 31, December 31, $ $ Subscription receivable — 50,000,000 On October 14, 2022, BHP agreed to invest a further $50 million in KNL in the form of equity under the Tranche 2 subscription agreement, the completion of which was subject to certain conditions, including Tanzanian Fair Competition Commission merger filing approval, Section 56 Comfort Letter from the Government of Tanzania’s special negotiation team. As at December

Taxation

Taxation	12 Months Ended
	Dec. 31, 2023
Tax [Abstract]
Taxation	18. December 31, December 31, $ $ Reconciliation of the tax expense Loss for the year before tax (364,663,392 ) (25,494,220 ) Tax using the Isle of Man corporation tax rate of 0% — — Differences in overseas taxation rates 2,360,211 4,753,021 Movement in unrecognized deferred tax assets (2,360,211 ) (4,753,021 ) — — The group operates in various jurisdictions with different tax rates, including Isle of Man (0%), United Kingdom (25%), Tanzania (30%) and Australia (30%). Please refer to Note 2 for a list of subsidiaries and their respective countries of incorporation. The subsidiaries follow the domestic tax rates of their countries of incorporation. The effective tax rate is 0% as there were not tax expense recognized for current and prior year. From April 1, 2023, the main rate of corporation tax in the United Kingdom increased from 19% to 25%, and a new 19% small profits rate of corporation tax was introduced for companies whose profits do not exceed GBP 50,000. This has no impact on the Company as the subsidiaries in the United Kingdom have no taxable profits. Deferred tax assets are recognized only the extent that it is probable that taxable profit will be available against which the deductible temporary differences can be utilized. There are potential deferred tax assets mainly arising on account of estimated accumulated tax losses in the Tanzania operation. Deferred income tax assets have not been recognized due to Lifezone’s mining operation is still in the exploration and evaluation phase and consequently the management do not expect the mine operation to generate sufficient taxable profits in the foreseeable future against which the deferred income tax asset can be recovered fully. Deferred tax liability has not been recognized in relation to the Goodwill arising from a business combination in accordance with IAS 12 par 14.55 which does not permit recognition of this deferred tax liability.

Supplementary Cashflow Informat

Supplementary Cashflow Information	12 Months Ended
	Dec. 31, 2023
Supplementary Cashflow Information [Abstract]
Supplementary cashflow information	19. Below are the significant noncash investing and financing activities during the year On July -cash Lease commitments were entered into during the year, resulting to additions of right -of-use -of-use On July On July

Trade and Other Payables

Trade and Other Payables	12 Months Ended
	Dec. 31, 2023
Trade and other payables [Abstract]
Trade and other payables	20. December 31, December 31, $ $ Trade payables 2,529,751 645,677 Tax payable 852,479 595,412 Accrued expenses 4,953,234 15,360,522 8,335,464 16,601,611 Included in accrued expenses and trade payables as of December 31, 2023, are $ Nil -recurring Nil All amounts are short -term

Lease Liabilities

Lease Liabilities	12 Months Ended
	Dec. 31, 2023
Lease Liabilities [Abstract]
Lease liabilities	21. TNCL entered into a contract with Cordula Limited, Tanzania for lease of office space in Dar Es Salaam used for operations in 2021 for term five (5) years and an additional contract in 2023 for four (4) years. The lease contract does not include variable lease payments. As at December 31, 2023, the average remaining lease term was three (3) years and eight (8) months. Lifezone’s Tanzanian subsidiary, Tembo Nickel entered into a contract with AKO Group Limited, Tanzania for lease of accommodation units at the Kabanga Nickel mining camp to be used by personnel and contracts of TNCL and Lifezone. The lease has a term three (3) years. The lease contract does not include variable lease payments. As at December 31, 2023, the remaining lease term was two (2) years and eight (8) months. Lifezone’s Australian subsidiary, Asia -Pacific As part of the Simulus acquisition (please refer to Note 27), Lifezone assumed the existing lease obligations of Simulus. Simulus entered into a contract with the Seattle Investments Pty Ltd, Australia for lease of office and warehouse space in Perth used for operations in 2020. The terms of the lease were five (5) years. The lease contract does not include variable lease payments. As at December 31, 2023, the remaining lease term was one (1) year and one (1) months. On August 3, 2023, Simulus entered into a contract with Nowa Pty Ltd Australia for lease of office and warehouse space in Perth used for operations in 2022. The terms of the lease were five (5) years. The lease contract does not include variable lease payments. As at December 31, 2023, the remaining lease term was four (4) years and seven (7) months. Lifezone’s obligations under its leases are secured by lessor’s title to the leased assets. The roll forward analysis of lease liability is presented below: December 31, December 31, $ $ At January 1 395,880 — Additions 1,677,918 456,068 Interest accretion on lease liability 52,075 20,745 Payments (338,171 ) (80,933 ) At December 31 1,787,702 395,880 Current 602,557 105,304 Non-current 1,185,145 290,576 1,787,702 395,880 Shown below is the maturity analysis of the undiscounted minimum lease payments: Undiscounted future lease payments December 31, December 31, $ $ Less than 1 year 678,051 122,513 More than 1 year but less than 5 years 1,236,050 311,850 1,914,101 434,363

Significant Related Party Trans

Significant Related Party Transactions	12 Months Ended
	Dec. 31, 2023
Significant Related Party Transactions [Abstract]
Significant related party transactions	22. Related Party relationships with shareholders with significant influence The three founding shareholders of Lifezone and members of their immediate family are related parties, some with significant influence over the affairs of Lifezone. Keith Liddell and family, Chris von Christierson and family, and Peter Smedvig, personally and via various investment companies and trusts collectively held approximately 63.0% of the outstanding Lifezone shares as of December 31, 2023. The three founding shareholders (including the members of their immediate families) are long -term The Liddell family holdings are in aggregate approximately 30.7% of all outstanding Lifezone shares as of December 31, 2023, making him and members of his immediate family related parties with significant influence over the affairs of Lifezone. Keith Liddell was the Chairman of Lifezone Holdings until the listing at the NYSE, when he became the Chairman of Lifezone. Keith Liddell is also retained as a consultant to provide metallurgical engineering services to Lifezone in matters related to metals recovery and the design, engineering, commissioning, and operation of Lifezone’s metals and minerals projects. This commercial agreement between Lifezone and Keith Liddell replaced an earlier agreement with Keshel Consult Limited, which was terminated on June 30, 2023, and replaced with a commercial agreement between Lifezone and Keith Liddell directly with effect from July 1, 2023. His children, Simon Liddell and Natasha Liddell are employees of Lifezone Asia -Pacific -Pacific Chris von Christierson was a director at various group companies but resigned as a non -executive The holdings in trusts where family members of Chris von Christierson are beneficiaries are classified as true trust holdings managed by professional trustees, making Chris von Christierson and close family members not related parties with significant influence. His son, Anthony von Christierson, is employed by Lifezone Metals. Refer to Related party expenses table for payments made under the above agreements. Directorships as at December 31, 2023 Name of entity Type Keith Liddell Simon Liddell Lifezone Asia-Pacific Pty Ltd Subsidiary • • Simulus Pty Ltd Subsidiary • The Simulus Group Pty Ltd Subsidiary • Kabanga Holdings Limited Subsidiary • Romanex International Limited Subsidiary • Tembo Nickel Mining Company Limited Subsidiary • Tembo Nickel Refining Company Limited Subsidiary • Tembo Nickel Corp. Limited Subsidiary • Resignations and appointments for the year ended December 31, 2023. Chris von Christierson resigned on August 31, 2023, from: • • • • • • • Natasha Liddell resigned on September 11, 2023, from: • • Keith Liddell resigned on September 11, 2023, from: • • • • • • Keith Liddell was appointed on July 6, 2023, as a director of Lifezone Metals Limited. Keith Liddell was appointed on July 18, 2023, as a director of: • • Directors’ fees Lifezone Metals Limited had a Directorship agreement with Keith Liddell as a Director of Lifezone Metals Limited. For the six (6) months ending December 31, 2023, Keith Liddell, was paid $55,000 (December 31, 2022: $ Nil Lifezone Limited had a Directorship agreement with Keith Liddell as a Director of Lifezone Limited, a wholly owned subsidiary of Lifezone, For the year ended December 31, 2023, Keith Liddell, was paid $19,583 (December 31, 2022: $29,375). This agreement with Keith Liddell was terminated on August 31, 2023. Kabanga Nickel Limited had a Directorship agreement with Keith Liddell as a Director of Kabanga Nickel Limited, a wholly owned subsidiary of Lifezone, For the year ended December 31, 2023, Keith Liddell, was paid $19,583 (December 31, 2022: $29,375). This agreement with Keith Liddell was terminated on August 31, 2023. Natasha Liddell was a non -paid Transactions with significant shareholders and their extended families Lifezone had a commercial agreement with Keshel Consult Limited for the engagement of Keith Liddell as a technical consultant of LZL. This commercial agreement between Lifezone and Keshel Consult Limited was terminated on June 30, 2023, and replaced with a commercial agreement between Lifezone and Keith Liddell directly with effect from July 1, 2023. Mr. Charles Liddell (stepson of Mr. Keith Liddell) is the owner/partner in the Australian firm Integrated Finance Limited for the provision of information technology services to KNL. The agreement was modified as of December 31, 2023, and the amounts that will be paid will be reduced in 2024. Ms. Natasha Liddell (the daughter of Mr. Keith Liddell) was a paid employee of Lifezone Asia -Pacific Mr. Simon Liddell (the son of Mr. Keith Liddell) is a paid employee of Lifezone Asia -Pacific Lifezone Limited had a commercial agreement with Southern Prospecting (UK) Limited for the engagement of Chris von Christierson as a consultant of LZL, in respect of mining projects and management. This commercial agreement with Southern Prospecting (UK) Limited was terminated on August 31, 2023. Lifezone Limited had a commercial agreement with Transition Resources Limited for the engagement of Anthony von Christierson as a consultant of LZL. This commercial agreement with Transition Resources Limited was terminated on July 31, 2023. As of August 1, 2023, Anthony von Christierson is an employee of LZSL, as Senior Vice President: Commercial and Business Development. Lifezone had a commercial agreement with Fugue Pte Limited for the engagement of Mike Adams as a technical consultant of Lifezone Limited. This commercial agreement between Lifezone and Fugue Pte Limited was terminated on June 30, 2023. Lifezone had a commercial agreement with Airvolution Co., an entity controlled by Mike Adams with effect from November 16, 2022. Refer to related party expenses table for payments made under the above agreements. Related party loans From the time of the NYSE listing Lifezone has a policy not to provide personal loans to directors or members of the Executive Committee. Lisa Smith, an employee and shareholder, who is not a director or officer and is not considered holding significant influence over Lifezone, has a loan of $75,000 with KNL. As at December 31, 2023, this was outstanding and is expected to be repaid before December 31, 2024. Remuneration of key management personnel 2023 2022 2021 $ $ $ Short-term employee benefits 3,651,073 2,554,359 644,550 Short-term employee bonuses 512,524 2,137,721 3,750,546 Post-employment pension and medical benefits 125,591 361,955 — Total compensation paid 4,289,187 5,054,035 4,395,096 Share-based payments to key management personnel 2023 2022 2021 $ $ $ Share-based expense – Lifezone Holdings shareholder earnout 110,611,407 — — Share-based payment expense – share options — — 328,326 Share-based payment expense – restricted stock units — — 9,525,000 The amounts disclosed in the above relate to employee expenses incurred during the reporting period in connection to the employment of and existing consulting agreements entered into with key management personnel as listed following: Keith Liddell Chairman Chris Showalter Chief Executive Officer Ingo Hofmaier Chief Financial Officer (joined June 29, 2023) Dr Michael Adams Chief Technology Officer Gerick Mouton Chief Operating Officer Benedict Busunzu Tembo Nickel Chief Executive Officer Spencer Davis Group General Counsel (joined March 1, 2023) Natasha Liddell Chief Sustainability Officer (resigned February 16, 2024) Anthony von Christierson Senior Vice President: Commercial and Business Development Evan Young Senior Vice President: Investor Relations and Capital Markets (joined October 10, 2023) Related party revenue Lifezone had sales to related parties as follows for the period ended: December 31, December 31, December 31, $ $ $ Transactions with affiliated companies Kellplant Proprietary Ltd 129,680 1,510,830 1,466,825 Kelltechnology SA Proprietary Ltd 684,407 1,344,039 625,750 Consulting and management fee revenue 814,087 2,854,869 2,092,575 Revenue is attributable to hydromet consulting related to mineral beneficiation operations of affiliated companies and technical and laboratory services provided by Simulus to an array of customers. The affiliated entities are joint venture entities of Lifezone. Lifezone Limited has a 50% interest in Kelltech Limited, a joint venture with Sedibelo Resources Limited. Lifezone Limited has an indirect 33.33% interest in KTSA , a subsidiary of Kelltech Limited, and Kellplant Proprietary Ltd (“ Kellplant Lifezone incurred consultancy fees and paid bonuses related to consulting agreements entered into with related parties as follows: Consultancy fees and Bonuses Engagement Party Related Person Engagement with 2023 2022 commenced ended Transition Resources Limited* Anthony von Christierson Lifezone Limited 163,193 479,702 March 21, 2022 July 31, 2023 Fugue Pte Limited Mike Adams Lifezone Limited — 279,608 April 15, 2022 June 30, 2022 Airvolution Co. Limited Mike Adams Lifezone Limited 625,935 810,810 November 16, 2022 — LZ Advisory LLC Christopher Showalter Lifezone Limited 957,682 951,720 March 15, 2022 — Southern Prospecting (UK) Limited Chris von Christierson Lifezone Limited 68,819 87,588 April 3, 2019 August 31, 2023 Keshel Consult Limited Keith Liddell Lifezone Limited 391,735 1,135,157 March 15, 2022 June 30, 2023 Keith Liddell Keith Liddell Lifezone Limited 132,048 — July 7, 2023 — Integrated Finance WA PTY Ltd Charles Liddell Lifezone Limited 37,345 41,195 March 23, 2022 — Newvision Metals PTE. Limited Gerick Mouton Lifezone Limited 425,000 435,956 June 2, 2022 — EJMY Consulting Evan Young Lifezone Limited 42,117 — October 10, 2023 — 2,843,873 4,221,735 Wages and Bonuses Natasha Liddell Lifezone Asia-Pacific Pty Ltd 320,195 572,829 Simon Liddell Lifezone Asia-Pacific Pty Ltd 284,047 502,259 Anthony von Christierson** LZ Services Limited 122,386 — 726,628 1,075,088 * ** Related party receivables Lifezone had receivables due from related parties as at: December 31, December 31, $ $ Balances with affiliated entities BHP Billiton (UK) DDS Limited — 211,099 Kelltechnology SA Proprietary Ltd 1,433,243 748,836 Other receivables 1,433,243 959,935 Balances with management personnel Related party receivables – Interest free 75,000 375,000 Related party receivables – Interest bearing — 280,683 75,000 655,683 Receivables from affiliated entities Relate to short term services to and payments on behalf of affiliated entities and are considered provided at arm’s length. Balances with management personnel Related party receivables — Interest free In 2020, Lifezone provided loans to shareholders who were working for the Lifezone amounting to $375,000. As of December 31, 2023, a loan to Lisa Smith of $75,000 was still outstanding. The loans with employees and consultants of Lifezone are interest free and repayable on demand and are not considered arm’s length. Related party receivables — Interest bearing In 2018, Lifezone provided unsecured interest -bearing For the year ended December 31, 2023, interest amounted to $6,841 (2022 $10,137). There was no interest -bearing Related party payables December 31 December 31 $ $ Balances with management personnel Related party payables 132,048 — 132,048 — Related party payables Relate to short term services payments and are considered provided at arm’s length. The amount above relates to services provided by Keith Liddell to Lifezone Limited for the period September to December 2023 not paid as at December 31, 2023. Related party share-based payments Lifezone granted restricted stock units and earnouts to key management personnel as described in detail in Note 25.

Contingent Consideration

Contingent Consideration	12 Months Ended
	Dec. 31, 2023
Contingent Consideration [Abstract]
Contingent consideration	23. On April 30, 2021, KNL completed the acquisition of all shares of Kabanga Holdings Limited from Barrick International (Barbados) Corporation and Glencore Canada Corporation and all shares of Romanex International Limited from Glencore Canada Corporation and Sutton Resources Limited for a total consideration of $14 million, to acquire the physical assets and all historical IP related to the Kabanga Nickel Project. The IP relates to a significant amount of data and exploration and study expenses that earlier owners invested into the Kabanga Nickel Project. Of the $14 million, $8 million was paid by KNL to the previous owners before completion of the acquisition, with the remaining $6 million due to the sellers in stage payments as below: • rd • th On December 15, 2022, KNL made the first tranche payment amounting to $2 million. The remaining $4 million is expected to be paid at the completion of a definitive feasibility study or on December 9, 2024, whichever is earlier. The present value of the outstanding balance of contingent consideration as of December 31, 2022, based Lifezone’s incremental borrowing rate of 8.85% has been reported on the Statement of Financial Position at $3,693,612 (2022: $3,689,755). The carrying amounts for the reporting periods can be analyzed as follows: Gross carrying amount $ At January 1, 2022 5,681,603 Repayment (2,000,000 ) Remeasurement gain (235,505 ) Accretion of interest 243,657 At December 31, 2022 3,689,755 Remeasurement gain (156,047 ) Accretion of interest 159,904 At December 31, 2023 3,693,612 Lifezone remeasured the remaining portion of contingent consideration of $4 million to consider the current progress of the definitive feasibility study. As at December 31, 2023, Lifezone assessed that it is highly probable that the completion of the definitive feasibility study will be achieved by the 5 th

Long Term Rehabilitation Provis

Long Term Rehabilitation Provision	12 Months Ended
	Dec. 31, 2023
Long Term Rehabilitation Provision [Abstract]
Long term rehabilitation provision	24. December 31, December 31, $ $ Asset retirement obligation provision — 303,000 Lifezone’s exploration, development and future mining and processing activities are subject to various Tanzanian Government controls and regulations relating to protection of the environment, including requirements for the closure and reclamation of mining properties. Through the exploration and evaluation activities on Lifezone’s prospecting and mining properties, asset retirement obligations are incurred. Lifezone expects to create provisions for the future cost of asset retirement and industry specific rehabilitation obligations on a discounted cash flow basis at the time of developing its mines and constructing and using related processing facilities. Asset retirement obligations represent the present value of future rehabilitation costs relating to prospecting and mining sites. Assumptions are made on the current and future economic environment, which management believes are a reasonable basis upon which to estimate future liabilities. These estimates are reviewed regularly to consider any material changes to the assumptions because of changes in laws and regulations, public expectations, costs, analysis of site conditions and changes in technology to restore the mine sites. However, actual asset retirement cost will ultimately depend upon future market prices for the necessary rehabilitation work required that will reflect market conditions at the relevant time. Lifezone’s Environment and Geology Department conducted a survey in December 2023 of all the disturbed locations on its prospecting and mining licenses impacted by historic and recent exploration activities. The survey identified 48 exploration pads requiring environment restoration. These pads comprise 20 historic (pre Lifezone) exploration drilling sites that were partially rehabilitated in 2012, and areas cleared in the recent drilling program and 28 sites impacted by recent hydrogeological activities (water drilling). No areas were identified to be contaminated and rehabilitation work for areas with surface disturbance was initiated, including the planting of 2,000 native trees. The estimated expenses to rehabilitate the entire area is estimated to cost circa $5,000. The rehabilitation activities have commenced, will be completed by May 2024 and the amount is considered immaterial. Following this assessment Lifezone’s Tanzanian subsidiary, Kabanga Nickel Company Limited, released its rehabilitation provision of $303,000 via the statements of comprehensive loss.

Equity

Equity	12 Months Ended
	Dec. 31, 2023
Equity [Abstract]
Equity	25. Lifezone Holdings was incorporated on March 28, 2022, as a holding company for Lifezone Limited and acquired 100% of the equity interest in Lifezone Limited on June 24, 2022. Refer to Note 1. Lifezone was incorporated on December 8, 2022, as a holding company for Lifezone Holdings and acquired 100% of the equity interest in Lifezone Holdings on July 6, 2023, as part of the SPAC Transaction. Refer to Note 1. December 31, December 31, Number of $ Number of $ Share capital: Lifezone Holding Limited Number of ordinary shares in issue 58,300,082 Nominal average value per ordinary per share 0.0001 Nominal value of ordinary total shares: Lifezone Holdings Limited 3,101 Lifezone Metals Limited Number of ordinary shares in issue 78,269,952 Nominal average value per ordinary per share 0.0001 Nominal value of ordinary total shares: Lifezone Metals Limited 7,828 The number of shares and nominal average value have been adjusted to retrospectively reflect the impact of the Flip -Up As disclosed on Note 1, immediately prior to the Closing date of the SPAC Transaction, holders of all outstanding LHL shares (620,290 total) were subsequently exchanged for LML shares at the Closing. On July 6, 2023, LML purchased the shares of LHL with a ratio of c. 94:1. Reconciliation of Shareholders’ equity movement December 31, 2023 Movements December 31, 2022 Number of Shares $ $ Number of Shares $ Share capital, beginning 58,300,082 3,101 — 58,300,082 1,843 Transactions with shareholders Lifezone Holdings restricted stock units exercised 2,819,653 150 150 — — Lifezone Holdings share options, net settled exercised 1,560,396 83 83 — — 4,380,049 233 233 — — Total Lifezone Holdings Limited shares prior to share exchange 62,680,131 3,334 58,300,082 1,843 Share exchange transaction Total Lifezone Holdings shares exchanged for Lifezone Metals shares (62,680,131 ) (3,334 ) (3,334 ) Reconciliation of Shareholders’ equity movement December 31, 2023 Movements December 31, 2022 Number of Shares $ $ Number of Shares $ Exchange ratio of 94:1 Exchanged for Issue of Lifezone Metal Limited shares 62,680,131 6,268 6,268 — — Previous GoGreen Sponsor shareholders 6,468,600 647 647 — — Previous GoGreen public shareholders 1,527,554 153 153 — — PIPE Investors 7,017,317 702 702 — — Simulus Vendors 500,000 50 50 — — Issue of Lifezone Metal Limited shares 78,193,602 7,820 7,820 — — Issue of shares from warrants 76,350 8 8 — — Share flip up transaction Swap of Lifezone and KNL shares — — — (58,300,082 ) (1,843 ) Issue of Lifezone Holdings Limited shares — — — 58,300,082 3,101 — — — — 1,258 Total transactions with shareholders 78,269,952 7,828 7,828 — 1,258 Share capital, ending 78,269,952 7,828 4,727 58,300,082 3,101 Share premium 184,610,307 158,933,651 25,676,656 Equity issuance fees (5,923,979 ) (5,683,979 ) (240,000 ) Total share premium 178,686,328 153,249,672 25,436,656 Lifezone Holdings restricted stock — (14,379,698 ) 14,379,698 Lifezone Holdings share options — (11,103,650 ) 11,103,650 Previous Lifezone Holdings shareholders earnouts 248,464,035 248,464,035 — Previous Sponsor earnouts 17,094,750 17,094,750 — Total shared base payment reserve 265,558,785 240,075,437 25,483,348 Warrant reserves 15,017,257 15,017,257 — Other reserves (6,814,302 ) 8,680,952 (15,495,254 ) Translations reserve 77,933 (37,931 ) 115,864 Redemption reserve 280,808 — 280,808 Accumulated deficit (408,165,162 ) (363,874,560 ) (44,290,602 ) Total Shareholders’ equity (deficit) 44,649,475 53,115,554 (8,466,079 ) The comparative LHL shares have been retroactively restated as shares reflecting the exchange ratio of circa 94:1 established in the business combination. All fractional shares were rounded. Share capital Share capital reflects the par value of shares issued as shown on the consolidated statements of financial position in the presentational currency USD. Share premium Share premium reflects the excess of consideration received, net of issue costs, over par value of shares. Other reserve Other reserves reflect revaluation of Share -based Foreign currency translation reserve The assets and liabilities of Lifezone’s foreign subsidiaries are translated into USD using the exchange rates in effect on the balance sheet dates. Equity accounts are translated at historical rates, except for the change in retained earnings during the year, which is the result of the period as shown in the Unaudited Condensed Consolidated Interim Statement of Comprehensive Income. Revenue and expense accounts are translated using the weighted average exchange rate during the period. The cumulative translation adjustments associated with the net assets of foreign subsidiaries are recorded in Lifezone’s consolidated foreign currency translation reserve. Lifezone has subsidiaries functioning in GBP and AUD. Accumulated deficit This includes all current and prior period accumulated losses of the Lifezone. Non-controlling Interest In January 2021, KNL and the GoT established Tembo Nickel, a Tanzanian company in order to develop, process and refine future products from the Kabanga Nickel Project. Through the Treasury Registrar, the GoT owns a non -dilutable -carried -controlling In October 2022, BHP also agreed to invest a further $50 million into KNL in the form of equity under the Tranche 2 Subscription Agreement, as described in detail in Note 1. KNL satisfied substantially all the closing conditions and received the $50 million on February 15, 2023, and issued a stock certificate on the same day, bringing BHP’s interest in KNL from 8.9% as of December 31, 2022, to 17.0%, effective February 15, 2023. Associated with this transaction KNL paid $2.5 million equity issuance cost. Share-based payments — restricted stock units On November 10, 2021, restricted stock units were granted to Chris Showalter for 150 ordinary shares at $1.00 per share with a ten -year The restricted stock units vest only upon certain events being one of the following: • -length • -length • The fair value of restricted stock units recognized as expensed in year ended December 31, 2023, was $ Nil Nil Nil 9 10 -based -Up The fair value of restricted stock units recognized on the statement of financial position ended December 31, 2023, was $ Nil -based Restricted Fair value As at January 1, 2022 150 9,525,000 Granted — — Released* (150 ) — Exchanged* 30,000 — Fair value adjustment — 4,854,698 Outstanding at December 31, 2022 30,000 14,379,698 As at January 1, 2023 30,000 14,379,698 Exchanged** (30,000 ) (14,379,698 ) Outstanding at December 31, 2023 — — * -Up Under the BCA with GoGreen shareholders approved the merger in a special meeting held on June 29, 2023, prior to the SPAC Transaction closing. The GoGreen shareholder approval was the final legal hurdle in pursuing the merger with Lifezone Holdings. ** Following the SPAC Transaction, as described in detail in Note 1, there are no restricted stock units outstanding as of December 31, 2023. Share-based payments — share options In 2021, the Board of Directors of Kabanga Nickel Limited approved the grant of a total of 18,054 The remaining share options vest upon the following exit events: • -length • -length • Share options recognized as expense in the year ended December 31, 2023, was $ Nil Nil -based -Up The fair value of share options recognized on statement of financial position ended December 31, 2023, was $ Nil -based There were no Nil Following the SPAC Transaction as described in detail in Note 1, there were no share options outstanding as of December 31, 2023. The share options outstanding as of December 31, 2022, had a weighted remaining contractual life of 7.69 The number and weighted average exercise price of share options per ordinary share is as follows: Share Options Units Weighted Balance at January 1, 2022 — — Granted 18,054 74.58 Lapsed — — Exercised — — Outstanding at 31 December, 2022 18,054 74.58 Exchanged* (18,054 ) (74.58 ) Outstanding at 31 December, 2023 — — As disclosed on Note 1, immediately prior to the Closing date of the SPAC Transaction, holders of all outstanding Lifezone Holdings options (18,054 in total) elected to exercise or settle, respectively, their options for Lifezone shares, and all outstanding LHL shares were subsequently exchanged for Lifezone shares at the Closing. On July 6, 2023, Lifezone purchased the shares of Lifezone Holdings with a ratio of c. 94:1, translating in 1,560,396 of new Lifezone shares. The comparative Lifezone Holdings options have been retroactively restated reflecting the exchange ratio established in the business combination under common control. All fractional shares were rounded. Share-based payments — Earnouts Following the SPAC Transaction on July 6, 2023 (“ Acquisition date -weighted -trading Trigger Event 1 -trading Trigger Event 2 Classification Management has assessed how the BCA earnout should be valued and classified in accordance with and have listed below key conditions under the agreements in the application IAS 32 — Financial Instruments: Presentation Share -based Payment • • • -based • -vesting -vesting -based -vesting • -vesting -based • Accordingly, the earnouts are recognized as equity at the acquisition date under IFRS The fair value of earnouts have been independently valued based on a Monte Carlo simulation model. The assumptions used in the Monte Carlo model were as following: Inputs Valuation Date July 6, 2023 Stock Price as of Measurement Date/BCA Date $ 10.32 Equity Volatility (Pre BCA) n/a Equity Volatility (Post BCA) 94.0 % Risk-Free Rate (5.00 Years) 4.28 % Share Price Earnout Tranches Beginning Expiration Share Price Hurdle Sale Threshold Price for Tranche 1 – Triggering Event I July 6, 2023 July 6, 2028 $ 14.00 Sale Threshold Price for Tranche 2 – Triggering Event II July 6, 2023 July 6, 2028 $ 16.00 Days Above Threshold Price 20 Days Above Measurement Period 30 Change of Control Provisions n/a Change of Control Date n/a Probability of Change of Control 0 % Granted earnouts totaled 26,797,052 units. All earnouts are outstanding as of December The following table illustrates the number and fair value of earnouts granted, and movements at valuation date as at December 31, 2023 Share Fair value Fair Balance as at January 1, 2023 — — Granted – Lifezone Holdings ($14.00 per Share) 12,536,026 $ 9.98 125,109,539 Granted – Lifezone Holdings ($16.00 per Share) 12,536,026 $ 9.84 123,354,496 Outstanding as at December 31, 2023 25,072,052 248,464,035 Share Fair value Fair Balance as at January 1, 2023 — — Granted – Sponsor shareholder ($14.00 per Share) 862,500 $ 9.98 8,607,750 Granted – Sponsor shareholder ($16.00 per Share) 862,500 $ 9.84 8,487,000 Outstanding as at December 31, 2023 1,725,000 17,094,750 Change in Control Lifezone valued the Earnouts Shares as per assumptions listed above, and included no assumption of a Change of Control over the earnout period. Under different scenarios if change in control, the Earnout Shares either terminate the earnout shares or makes the earnout shares immediately payable. Warrant reserve As described in detail in Note 1, following Lifezone’s Form F -1 Each Lifezone warrant represents the right to purchase one ordinary Lifezone share at an exercise price of $11.50 per share in cash. Pursuant to the BCA, a 180 -day -up Classification Warrants are classified as either a liability or equity on inception, depending on the terms of the agreement. Warrants are only classified as equity when they are settled by the entity delivering a fixed number of its own equity instruments and receiving a fixed amount of cash or another financial asset. Lifezone assesses the appropriate classification of warrants at the time of inception. Management has assessed how both the Public Warrants and Private Placement Warrants should be valued and classified in accordance with IAS 32: Financial Instruments: Presentation Management have assessed IAS 32 paragraph 4 exceptions for Financial Instruments and assessed the warrants do not meet the exceptions allowed, therefore IAS 32 has been applied. Management have reviewed the warrant agreement and the warrant assumption agreement’s, the mechanics of exercise to determine the accounting treatment, and have listed below key conditions under the agreements in the application of IAS The agreements are representative of a contractual obligation, arising from a derivative financial instrument, that will or may result in the future receipt or delivery of the issuer’s own equity instruments. The agreements are not representative of a puttable instrument as the issuer has the choice but not the obligation to repurchase or redeem the warrant instruments for cash or another financial asset. • • • • Lifezone Metals Limited Accordingly, the warrants are recognized as equity. Measurement date of warrants is July The fair value of both the public warrants and private warrants outstanding have been independently valued using a Black -Scholes -Scholes Inputs Valuation Date – date of warrant assumption July 5, 2023 Unit Issuance Date October 21, 2021 Announcement Date December 13, 2022 Business Combination Date July 5, 2023 Exercise Date August 4, 2023 Expiration Date July 5, 2028 First Trading Date December 13, 2021 Stock Price as of Measurement Date $ 11.44 Strike Price $ 11.50 Risk-Free Rate (5.00 Years) 4.16 % Redemption Threshold Price $ 18.00 Days Above Threshold Price (Automatic Redemption) 20 Days Above Measurement Period 30 Probability of Acquisition 100 % Outputs The fair value of outstanding Public Warrants have been valued at $1.05 per warrant unit at valuation date. The fair value of outstanding Private Warrants have been valued at $0.57 per warrant unit at valuation date. The number of warrants and fair value of outstanding Public Warrants as at December 31, 2023, is as follows: Number of Fair Balance as at January 1, 2023 — — Public Warrants ($11.50 per warrant) 13,800,000 14,490,000 Exercised (76,350 ) (80,168 ) Outstanding as at December 31, 2023 13,723,650 14,409,833 On October 19, 2023, Lifezone received $878,025 from the exercise of 76,350 warrants. The number of warrants and fair value of outstanding Private Warrants as at December 31, 2023, is as follows: Number of Fair Balance as at January 1, 2023 — — Private Warrants ($11.50 per warrant) 667,500 607,425 Outstanding as at December 31, 2023 667,500 607,425

LPS

LPS	12 Months Ended
	Dec. 31, 2023
LPS [Abstract]
LPS	26. Basic LPS is calculated by dividing the loss for the year attributable to ordinary equity holders of the parent by the weighted average number of ordinary shares outstanding during the year. Diluted LPS is calculated by dividing the loss attributable to ordinary equity holders of the parent (after adjusting for interest on the convertible preference shares) by the weighted average number of ordinary shares outstanding during the year plus the weighted average number of ordinary shares that would be issued on conversion of all the dilutive potential ordinary shares into ordinary shares. The following table sets forth the reconciliation of the numerator and denominator used in the computation of basic and diluted loss per common share for the period ended December 31, 2023, and December 31, 2022 and December 31, 2021: 2023 2022 2021 $ $ $ Numerator: Net loss used for basic earnings per share (363,874,560 ) (23,583,342 ) (18,002,646 ) Denominator: Basic weighted-average outstanding common shares 65,891,620 58,300,082 57,073,267 Effect of dilutive potential common shares resulting from options 1,444,589 2,819,653 14,098 Effect of dilutive potential restricted stock units 799,436 1,560,396 931,989 Effect of dilutive potential warrants units 7,057,578 — — Effect of dilutive potential earnout units 10,781,188 — — Weighted-average shares outstanding – diluted 85,974,411 62,680,131 58,019,354 Net loss per common share: Basic and diluted loss per share (5.34 ) (0.40 ) (0.32 ) Where a loss has occurred, basic and diluted loss per share is the same because the outstanding share options are antidilutive. Accordingly, diluted LPS equals basic LPS. Total stock options, restricted stock units, warrants units and earnout outstanding at December 31, 2023, totaling 20,082,790 (2022: 4,380,049, 2021: 946,088) are potentially dilutive. In accordance with the requirements of IAS 33 — Earnings per share -average

Interests in Other Entities

Interests in Other Entities	12 Months Ended
	Dec. 31, 2023
Interests in Other Entities [Abstract]
Interests in other entities	27. Acquisitions during the current year Simulus acquisition On March 3, 2023, Lifezone Asia -Pacific The acquisition of Simulus was driven by a strategic rationale and because Lifezone estimated that it would have taken years to build a comparable team with the right experience, create the corresponding laboratory setup, design, purchase and build the lab equipment and get it licensed. Simulus was Lifezone’s metallurgical laboratory of choice for years and the Simulus team have supported a number of studies and test work for the Kabanga Nickel and other projects, via numerous batch, pilot and engineering work. Consequently, Lifezone acquired Simulus instead of building something similar over the years. To do so, Lifezone had to pay a premium to the shareholders of Simulus to convince them to sell. Lifezone had confidence in the capability of the laboratory as Lifezone had a long -standing Lifezone has had contracts with Simulus since 2010 and Simulus was Lifezone’s preferred laboratory and process design engineer. The acquisition allows Lifezone to shorten testing times, providing guaranteed capacity when Lifezone requires such and helps Lifezone control external costs and advance its research and development initiatives. The transaction formally closed on July 18, 2023, for a total purchase consideration of $14.53 million comprising of a $1.0 million deposit paid on March 27, 2023, a cash consideration of $7.5 million paid on closing and 500,000 Simulus property, plant, and equipment acquired have been independently fair valued under IFRS 13 — Fair Value Measurement Management, with the assistance of an independent valuation specialist, have assessed that no identifiable intangible assets existed, as a result of the Simulus acquisition, that met either of the following 1) separability criterion and are able to be independently valued, or 2) contractual -legal value existed). Given the de minimis value, any intangible assets that may exist are not required to be recorded and classified outside of goodwill. Management also determined that recording and classifying a de minimis amount of intangible assets within goodwill would not cause the financial statements to be misleading and/or cause a reasonable user of the financial statements to arrive at a different conclusion. USD 000’s Assets acquired Cash 427 Trade debtors 260 Prepayments 406 Property, plant and equipment (revalued) 4,926 Total assets acquired 6,019 Liabilities assumed Trade creditors (474 ) Total liabilities assumed (474 ) Working capital adjustment (35 ) Total identifiable net assets at fair value 5,510 Consideration Cash deposit (paid March 27, 2023) 1,000 Cash on completion (paid July 18, 2023) 7,500 Issue of shares in Lifezone Metals Limited 6,030 14,530 Goodwill arising on acquisition 9,020 Net cash flow resulting from the acquisition of Simulus Group amounted to $8.07 Goodwill arising from the transaction comprises future economic benefits and expected synergies from combining the operations of Simulus as an established operating and licensed laboratory, that has the technical expertise Lifezone requires that would otherwise require time and additional resources to establish. Goodwill is not amortized but is tested for impairment at the end of each annual reporting period, and more frequently if any impairment triggers are identified. Revenue attributable to Simulus Group’s operation post -acquisition Acquisitions during the previous year On January 13, 2022, Lifezone Limited acquired Lifezone Asia -Pacific

Joint ventures

Joint ventures	12 Months Ended
	Dec. 31, 2023
Joint ventures [Abstract]
Joint ventures	28. The nature of the activities of all the Lifezone’s joint ventures is trading in and operation of industrial scale the metals extraction and metals refining investments, which are seen as complementing the Lifezone’s operations and contributing to achieving the Lifezone’s overall strategy. Details of each of the Lifezone’s joint ventures at the end of the reporting period are as follows: JV Equity Entities: Country of Principal Percentage of Ownership (%) 2023 2022 Kelltech Limited Mauritius Mauritius 50 % 50 % Kelltechnology South Africa (RF) Proprietary Ltd South Africa South Africa 33 % 33 % Kellplant Proprietary Ltd South Africa South Africa 33 % 33 % Lifezone has a 50% interest in Kelltech Limited, a joint venture between Sedibelo Resources Limited and Lifezone, which Lifezone granted an exclusive license to use the Hydromet Technology SADC License Area and the license, the “ Kell License Kelltech Limited owns 66.67% of KTSA and has further exclusively sub -licensed Kellplant is a wholly owned subsidiary of KTSA with Lifezone having an indirect 33.33% interest in Kellplant. Kellplant plans to develop, own and operate a refinery at Sedibelo Resources Pilanesberg Platinum Mines operations in South Africa that will utilize Lifezone Limited’s Hydromet Technology to process and refine PGMs, other precious metals and base metals. At the time of the release of this document, the development of the Hydromet refinery at Sedibelo Resources’ Pilanesberg Platinum Mines operations is on hold and will need to be rescoped following Sedibelo Resources’ decision to update their mine plan and re -scope Although Lifezone holds the joint ownership in these companies, Lifezone does not have ultimate control as all major decisions had to be agreed unanimously by all parties before they could be actioned. Management therefore considered it appropriate to account for these entities as joint ventures. All joint ventures are accounted for using the equity method. Lifezone has recognized its 50% share in Kelltech Limited share capital of $1,000, which is fully impaired.

Financial Risk Review

Financial Risk Review	12 Months Ended
	Dec. 31, 2023
Financial Risk Review [Abstract]
Financial risk review	29. This note presents information about Lifezone’s exposure to financial risks and Lifezone’s management of capital. Lifezone’s risk management is coordinated by its directors. Lifezone does not actively engage in the trading of financial assets for speculative purposes. The most significant financial risks to which Lifezone is exposed are described below: a) Market risk is the risk that the fair value of future cash flows of a financial instrument will fluctuate because of changes in market prices. Market risk comprises of interest rate risk, risks related to the price of equity instruments, commodity price risk and foreign exchange rates. Market risks affecting Lifezone are comprised of interest rate risk and foreign exchange rate risk. Financial instruments affected by market risk include deposits, trade receivables, related party receivables, trade payables, accrued liabilities, contingent considerations, and long -term The sensitivity analysis in the following sections relates to the positions as of December 31, 2023, and December 31, 2022. The sensitivity analysis is intended to illustrate the sensitivity to changes in market variables on Lifezone’s financial instruments and show the impact on profit or loss and shareholders’ equity, where applicable. The analysis excludes the impact of movements in market variables on the carrying value of provisions. The following assumptions have been made in calculating the sensitivity analysis: • -denominated • • b) Credit risk is the risk that one party to a financial instrument will cause a financial loss for the other party by failing to discharge an obligation. Lifezone’s revenue is currently concentrated with two primary customers, KTSA and Kellplant, both affiliated entities, and accordingly Lifezone is exposed to the possibility of loss if such customers default. Lifezone addresses this risk by monitoring its commercial relationship with such customers and by seeking to develop additional patented technology and entering into new partnerships. Loan credit was extended to Lisa Smith for $75,000 as shown in Note 22. Credit risk is therefore regarded as low. The carrying amount of financial assets represents the maximum credit exposure. The maximum exposure to credit risk at the reporting date was $75,000. Lifezone evaluated the collectability of its consolidated loan receivables of $75,000 and determined that no allowance loss is required. The carrying amount of financial assets represents the maximum credit exposure and at the reporting date was: December 31, December 31, $ $ Cash and cash equivalents 49,391,627 20,535,210 Subscription receivable — 50,000,000 Other receivables 696,968 158,231 Receivables from affiliated entities 1,433,243 959,935 Related party receivables 75,000 655,683 51,596,838 72,309,059 Set out below is the information about the credit risk exposure of the Lifezone’s financial assets as at December 31, 2023, and 2022: Current Days past due Impairment Total 31-60 61-90 91-120 >120 At December 31, 2023 Cash and cash equivalent 49,391,627 — — — — — 49,391,627 Other receivables 98,836 598,132 — — — — 696,968 Receivable from affiliated entities 1,433,243 — — — — — 1,433,243 Related party receivables 75,000 — — — — — 75,000 50,998,706 598,132 — — — — 51,596,838 Current Days past due Impairment Total 31-60 61-90 91-120 >120 At December 31, 2022 Cash and cash equivalent 20,535,210 — — — — — 20,535,210 Subscription receivable 50,000,000 — — — — — 50,000,000 Other receivables 79,648 66,861 — 11,722 — — 158,231 Receivable from affiliated entities 748,836 — — — 211,099 — 959,935 Related party receivables 655,683 — — — — — 655,683 72,019,377 66,861 — 11,722 211,099 — 72,309,059 b) Liquidity risk arises from the possibility that Lifezone will not be able to meet its financial liability obligations as they fall due. Lifezone has historically been supported financially by its shareholders. The risk of its shareholders discontinuing the provision of financing was historically regarded as low. Lifezone expects to fund its capital requirements and ongoing operations through current cash reserves, equity, mezzanine, debt funding or monetizing the offtake from the Kabanga Nickel Project. December 31, December 31, $ $ <=30 days 7,667,147 16,029,218 30 – 60 days 104,240 — 61 – 90 days 156,360 23,018 91 – 120 days 208,480 — >=121 days 5,392,901 4,691,328 Total 13,529,128 20,743,564 The above largely consists of Lifezone lease obligations, contingent consideration, long term asset retirement obligation provision and trade and other payables. c) Lifezone has financial instruments which are denominated in currencies other than USD, its reporting currency. Lifezone mostly incurs expenditures for which it owes money denominated in non -U The following table includes financial instruments which are denominated in foreign currencies: December 31, December 31, GBP £ GBP £ Cash in banks 620,208 359,021 Prepaid expenses 134,828 — Trade and other payables 489,117 77,301 AUD AUD Cash in banks 2,587,533 1,456,988 Trade receivables 112,069 — Prepaid expenses 238,181 — Trade and other payables 743,959 919,785 EUR EUR Cash in banks 133,685 — TZS TZS Cash in banks 1,259,494,294 600,859,075 ZAR ZAR Cash in banks 937,684 — c) The following table demonstrates the estimated sensitivity to a reasonably possible change in the GBP, TZS, ZAR, and AUD exchange rates, with all other variables held constant. The impact on Lifezone’s profit is due to changes in the fair value of monetary assets and liabilities. Lifezone’s exposure to foreign currency changes for all other currencies is not considered material. Effect on Profit December 31, December 31, Change in GBP Rate 10% 79,202 43,204 -10% (79,202 ) 43,204 Change in AUD Rate 10% (176,987 ) (97,851 ) -10% 176,987 97,851 Change in EUR Rate 10% 14,848 — -10% (14,858 ) — Change in TZS Rate 10% (50,079 ) (25,744 ) -10% 50,079 25,744 Change in ZAR Rate 10% (5,058 ) — -10% 5,058 — There were no financial instruments denominated in ZAR or EUR as at December 31, 2022. d) For the purpose of Lifezone’s capital management, capital includes issued capital, share premium and other equity reserves attributable to the equity holders of Lifezone metals Limited, as the parent entity of Lifezone. The primary objective of Lifezone’s capital management is to maximize the shareholder value. Management assesses Lifezone’s capital requirements in order to maintain an efficient overall financing structure while avoiding excessive leverage. Lifezone manages the capital structure and makes adjustments to it in light of changes in economic conditions and the risk characteristics of the underlying assets. In order to maintain or adjust its capital structure, Lifezone expects to fund its capital requirements and ongoing operations through current cash reserves, equity, mezzanine, alternative or debt funding or monetizing the offtake from the Kabanga Nickel Project.

Contingent Liabilities

Contingent Liabilities	12 Months Ended
	Dec. 31, 2023
Contingent Liabilities [Abstract]
Contingent liabilities	30. In 2020, Kabanga Nickel Company Ltd, a subsidiary of Lifezone, filed a tax appeal at the Tax Revenue Appeals Tribunal to dispute a tax assessment with TRA regarding withholding tax imposed on services imported by Kabanga Nickel Company Ltd. The services were provided by non -resident st st On April 22, 2021, TRA uplifted the Agency Notice until further notice and pending hearing and final determination of the application inter parties. The amount of tax in dispute as at December 31, 2020, was $3,350,393 (TZS 8,426,336,706) and has not changed since then, but could change based on the outcome. As at December 31, 2023, Lifezone is still in negotiations with the TRA in respect of an out -of-court Additionally, in 2021, Kabanga Nickel Company Ltd also filed an additional appeal before the Tax Revenue Appeals Tribunal against the TRA to challenge the TRA’s claim withholding tax imposed on services. The nature of tax assessment is the same as above. The amount of tax in dispute as at December 31, 2021, is $167,716 (TZS 421,811,314). As at the date of signing these audited financial statements an appeal was still pending. Lifezone Metals Limited received a letter on February 29, 2024, from Day Pitney, acting for Alta Partners, LLC (“Alta”). The claim relates to the business combination between the Company and GoGreen. Alta owns public warrants issued pursuant to the Warrant Agreement dated October 20, 2021. Alta served a notice to exercise these warrants in September, prior to the effectiveness of the Company’s Form F -1

Subsequent Events

Subsequent Events	12 Months Ended
	Dec. 31, 2023
Subsequent events [Abstract]
Subsequent events	31. Management evaluated all activity of Lifezone through the date the audited consolidated financial statements were available to be issued and concluded that the following subsequent events have occurred that would require recognition or disclosure in the audited consolidated financial statements or the relevant notes. Following the announcement on December 13, 2023, between Lifezone Metals and Glencore plc to recycle platinum, palladium and rhodium in the United States, using Lifezone’s Hydromet Technology to recover precious metals from recycled automotive catalytic converters, on January 10, 2024, both parties signed the Subscription Agreement resulting in Lifezone Metals holding 94% and Glencore plc 6% equity respectively. Glencore’s 6% interest in the arrangement will be presented as a non -controlling Phase 1 involves a confirmatory program of pilot work in Lifezone Metals’ laboratories in Perth, Australia. Following successful completion of Phase 1, Phase 2 will involve Lifezone Metals and Glencore jointly funding the capital expenditures required to construct a commercial -scale Natasha Liddell resigned as an employee of Lifezone Asia -Pacific On March 21, 2024, Lifezone announced the signing of a binding subscription agreement for the issuance of $50 million of convertible notes with a consortium of mining investors. The notes bear interest at a rate of the SOFR plus 4.0% per annum, subject to a SOFR floor of 3.0%. During the 48 -month The notes are convertible into common shares of Lifezone at the option of the holder. The conversion price will be determined on the closing date based on the lesser of a 30% premium to a trailing period VWAP and US$8.00 per share and is subject to customary adjustments. Mandatory conversion can occur if Lifezone’s share price is greater than 50% above the conversion price for any 15 trading days within a 30 consecutive trading days period. Proceeds will be used to advance the Kabanga Nickel Project and for general corporate and administrative purposes. The closing of the transaction of the convertible note transaction completed on March There were no other significant events to note subsequent to the year -end

Accounting Policies, by Policy

Accounting Policies, by Policy (Policies)	12 Months Ended
	Dec. 31, 2023
Accounting Policies [Abstract]
Basis of preparation	2.1 Lifezone’s audited consolidated financial statements for the year ended December 31, 2023, have been prepared in accordance with International Financial Reporting Standards (“the”), as issued by the IASB and are reported in U.S. dollars (“ USD $ The audited consolidated financial statements have been prepared on a historical cost basis unless otherwise stated. The principal accounting policies applied in the preparation of the audited consolidated financial statements have been consistently applied in all years presented. Management anticipates that all relevant pronouncements will be adopted for the first period beginning on or after the effective date of the pronouncement. The audited consolidated financial statements incorporate the results of the Flip -Up Business Combinations Accounting Policies, Changes in Accounting Estimates and Errors Name of subsidiary Principal activities Country of incorporation Principal Business Percentage (%) Ownership 2023 NCI 2023 Ownership 2022 NCI 2022 Aqua Merger Sub Holding company Cayman Islands Cayman Islands 100.0 % 0.0 % 0.0 % 100.0 % Lifezone Holdings Limited Holding company Isle of Man United Kingdom 100.0 % 0.0 % 100.0 % 0.0 % Lifezone Limited Holding company Isle of Man United Kingdom 100.0 % 0.0 % 100.0 % 0.0 % Lifezone US Holdings Limited Holding company United Kingdom United Kingdom 100.0 % 0.0 % 0.0 % 100.0 % Lifezone Holdings US, LLC Holding company United State of America United State of America 100.0 % 0.0 % 0.0 % 100.0 % Lifezone Services US, LLC Service company United State of America United State of America 100.0 % 0.0 % 0.0 % 100.0 % Lifezone Recycling US, LLC Recycling United State of America United State of America 100.0 % 0.0 % 0.0 % 100.0 % LZ Services Limited Service company United Kingdom United Kingdom 100.0 % 0.0 % 100.0 % 0.0 % Kabanga Holdings Limited Holding company Cayman Islands Cayman Islands 83.0 % 17.0 % 91.1 % 8.9 % Kabanga Nickel Company Limited Holding company Tanzania Tanzania 83.0 % 17.0 % 91.1 % 8.9 % Kabanga Nickel Limited Holding company United Kingdom United Kingdom 83.0 % 17.0 % 91.1 % 8.9 % Kagera Mining Company Limited Mining Tanzania Tanzania 83.0 % 17.0 % 91.1 % 8.9 % Lifezone Asia-Pacific Pty Ltd (formerly Metprotech Pacific Proprietary Limited) Service company Australia Australia 100.0 % 0.0 % 100.0 % 0.0 % The Simulus Group Pty Limited Holding company Australia Australia 100.0 % 0.0 % 0.0 % 100.0 % Simulus Pty Limited Laboratory and engineering Australia Australia 100.0 % 0.0 % 0.0 % 100.0 % Romanex International Limited Holding company Canada Canada 83.0 % 17.0 % 91.1 % 8.9 % Tembo Nickel Corporation Limited Mining Tanzania Tanzania 69.7 % 30.3 % 76.5 % 23.5 % Tembo Nickel Mining Corporation Limited Mining Tanzania Tanzania 69.7 % 30.3 % 76.5 % 23.5 % Tembo Nickel Refining Corporation Limited Refining Tanzania Tanzania 69.7 % 30.3 % 76.5 % 23.5 %
Basis of consolidation	2.2 The audited consolidated financial statements comprise the financial statements of Lifezone and its subsidiaries as of December 31, 2023. Control is achieved when Lifezone is exposed, or has rights, to variable returns from its involvement with the investee and has the ability to affect those returns through its power over the investee. Specifically, Lifezone controls an investee if, and only if, Lifezone has: • activities of the investee); • • Generally, there is a presumption that a majority of voting rights results in control. To support this presumption and when Lifezone has less than a majority of the voting or similar rights of an investee, Lifezone considers all relevant facts and circumstances in assessing whether it has power over an investee, including: • • • Lifezone re -assesses Profit or loss and each component of OCI are attributed to the equity holders of the parent (Lifezone) and to the non -controlling -controlling -group A change in the ownership interest of a subsidiary, without a loss of control, is accounted for as an equity transaction. If Lifezone loses control over a subsidiary, it derecognizes the related assets (including goodwill), liabilities, non -controlling The consolidated financial statements comprise the financial statements as of December 31, 2023, comprise the financial statements of subsidiaries below. On October 17, 2023, formerly Metprotech Pacific Proprietary Ltd changed its name to Lifezone Asia -Pacific Lifezone Holdings US, LLC, Lifezone Services US, LLC, Lifezone US Holdings LLC and Lifezone Recycling US, LLC were incorporated on September 15, 2023, in the state of Delaware, USA. Lifezone US Holdings Limited was incorporated on September 12, 2023, in England. On October 14, 2022, BHP also agreed to invest a further $50 million in KNL in the form of equity under the Tranche 2 Subscription Agreement, the completion of which is subject to certain conditions. Lifezone satisfied substantially all the closing conditions and received the $50 million on February 15, 2023, and issued a stock certificate on the same day, bringing BHP’s interest in KNL from 8.9% as of December 31, 2022, to 17.0%, effective February 15, 2023. Lifezone attributes total comprehensive income or loss of subsidiaries between the owners of the parent and the non -controlling
Fair value measurement	2.3 Lifezone measures its share options and reserve stock units at fair value at initial recognition. Fair value is the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date. The fair value measurement is based on the presumption that the transaction to sell the asset or transfer the liability takes place either: • • The fair value is measured using the assumptions that market participants would use when pricing the asset or liability, assuming that market participants act in their economic best interest. A fair value measurement of a non -financial Lifezone uses valuation techniques that are appropriate in the circumstances and for which sufficient data are available to measure fair value, maximizing the use of relevant observable inputs and minimizing the use of unobservable inputs. Equity Instruments for which fair value is measured or disclosed in the financial statements are categorized within the fair value hierarchy, described as follows, based on the lowest level input that is significant to the fair value measurement as a whole: • • • For instruments that are recognized in the financial statements at fair value, Lifezone determines whether transfers have occurred between levels in the hierarchy by re -assessing The management determines the policies and procedures for non -recurring External valuers are involved for valuation of the equity instruments. Involvement of external valuers is determined management. Selection criteria include market knowledge, reputation, independence and whether professional standards are maintained. Share options, earnout, warrants and restricted stock units are currently measured under Level 3.
Business combinations under common control	2.4 Business combinations involving entities under common control are outside the scope of IFRS 3 — Business Combinations Accounting Policies, Changes in Accounting Estimates and Errors Business combinations under common control are accounted for using predecessor value method. The predecessor value method involves accounting for the assets and liabilities of the acquired business at the existing carrying values, and no goodwill is recorded. Any difference between the acquirer’s cost of investment and acquirees’ equity is presented separately as other reserve within equity on consolidation. The increase in the fair value of share -based Lifezone has applied the predecessor value method with comparative periods restated as if the combination had taken place at the beginning of the earliest comparative period presented. If Lifezone loses control of a subsidiary, it: (a) (b) (c) (d) (e) (f) -controlling -controlling
Asset Acquisitions	2.4.1. When an acquired business or set of assets and activities do not constitute a business under IFRS 3 — Business Combinations An acquired process is considered substantive if it is critical to the ability to continue producing outputs, and the inputs acquired include an organized workforce with the necessary skills, knowledge, or experience to perform that process or it significantly contributes to the ability to continue producing outputs and is considered unique or scarce or cannot be replaced without significant cost, effort or delay in the ability to continue producing outputs. Assets and liabilities are initially measured at cost allocated based on the relative fair value of the assets and liabilities acquired. As such no goodwill or bargain purchase gain is recognized upon acquisition. Any transaction costs are capitalized, and Lifezone does not recognize any deferred tax assets or liabilities which arise. Initial measurement of any contingent consideration which is included in the acquisition is recognized as a liability for the expected variable payments at the time control of the underlying assets and liabilities is obtained. Subsequent measurement of any change in the fair value of the contingent consideration is recognized in profit or loss in the year of change.
Going concern	2.5 The management of Lifezone has assessed the going concern assumptions of Lifezone during the preparation of these consolidated financial statements. Lifezone had net comprehensive loss of $363,874,560 for the year ended December 31, 2023 (2022: $25,583,342), accumulated losses of $408,165,162 at December 31, 2023 (2022: $44,290,602), and positive cash flow of $28,816,044 for the year ended December 31, 2023, as a result of successful fundraising efforts, compared to negative cash flow $25,080,763 for the year ended December 31, 2022. As of December 31, 2023, Lifezone had consolidated cash and cash equivalents of $49.4 million. The cash flows for the year ended December 31, 2023, was $28.9 million (December 31, 2022: net outflows $25.0 million), consisting of $115.7 million of net inflows (December 31, 2022: net outflows $0.1 million) from financing activities arising from the completion of the SPAC Transaction, the PIPE transaction, and an investment by BHP in KNL. Net outflows from operating activities of $26.9 million (December 31, 2022: net outflows $17.0 million) and net outflows from investing activities of $60.1 million (December 31, 2022: net outflows $8.0 million), relate mainly to exploration and evaluation costs capitalized in relation to the Kabanga Nickel Project and the Simulus acquisition. On March 21, 2024 Lifezone announced the signing of a binding subscription agreement in relation to a $50 million convertible note, followed on March The audited consolidated financial statements have been prepared on a going concern basis which contemplates the continuity of normal business activities and the realization of assets and discharge of liabilities in the ordinary course of business. Lifezone has not generated significant revenues from operations and, as is common with many exploration -stage Lifezone’s future operating losses and capital requirements may vary materially from those currently planned and will depend on many factors including Lifezone’s growth rate, the execution of various growth projects, and the demand for the Hydromet Technology, exploration and evaluation cost and capital costs in relation to the Kabanga Nickel Project, and the demand and prices for the minerals we envision extracting in our metals extraction business and as well as for Lifezone’s working capital requirements. To enhance our liquidity position and increase our cash reserve for existing operations and future investments, we continue to explore arrangements with potential customers for the offtake of the metals that we expect to produce in the future from the Kabanga Nickel Project, and we may in the future seek equity, mezzanine, alternative or debt financing. Additionally, we may receive the proceeds from any exercise of any warrants in cash. Each Lifezone warrant represents the right to purchase one ordinary Lifezone share at a price of $11.50 per share in cash. Lifezone’s Form F -1 -day -up -day -up We believe the likelihood that warrant holders will exercise their warrants, and therefore the amount of cash proceeds that we would receive is dependent upon the market price of our Lifezone ordinary shares. On March In the event that Lifezone is unable to secure sufficient funding, it may not be able to fully develop its projects, and this may have a consequential impact on the carrying value of the related exploration and evaluation assets and the investment in its subsidiaries as well as the going concern status of Lifezone. Given the nature of Lifezone’s current activities, it will remain dependent on equity, mezzanine, alternative or debt funding or monetizing the offtake from the Kabanga Nickel Project until such time as the Lifezone becomes self -financing
Functional and presentation currency	2.6 These audited consolidated financial statements are presented in USD, which is Lifezone’s functional currency, and all values are rounded to the nearest USD, except where otherwise indicated. The functional currency is the currency of the primary economic environment in which the entity operates. Accordingly, Lifezone measures its financial results and financial position in USD, expressed as $ in this document. Lifezone incurs transactions mainly in USD. Other currencies include GBP, AUD and TZS. The subsidiaries LZSL a company incorporated in England and Wales; and Lifezone LZAP a company incorporated in Australia, are both wholly -owned The balances of the subsidiaries reporting under other currencies are translated to USD as discussed in Note 2.7.
Foreign currency transactions and balances	2.7 Transactions in foreign currencies are initially recorded using the rate of exchange ruling at the date of the transaction. Foreign exchange gains and losses resulting from the settlement of such transactions, as well as from the translation at year -end Assets and liabilities are translated into Lifezone’s reporting currency using the exchange rates in effect at balance sheet dates. Equity accounts are translated at historical rates, except for the change in retained earnings during the year, which is the result of the income statement translation process. Revenue and expense accounts are translated using the weighted average exchange rate during the period. The cumulative translation adjustments associated with the net assets of foreign subsidiaries are recorded in accumulated other comprehensive income/loss in the consolidated statements of shareholder’s equity. Non -monetary
Current and non-current distinction	2.8 Lifezone presents assets and liabilities in the consolidated statement of financial position based on current/non -current An asset is classified as current when: (a) (b) (c) (d) All other assets are classified as non -current A liability is classified as current when: (a) (b) (c) (d) Lifezone classifies all other liabilities as non -current Deferred tax assets and liabilities are classified as non -current
Financial instruments	2.9 Recognition Financial assets and financial liabilities are recognized when Lifezone becomes a party to the contractual provisions of the financial instrument. Classification and initial measurement of financial assets Except for those receivables that do not contain a significant financing component and are measured at the transaction price in accordance with IFRS 15 — Revenue from Contracts with Customers Financial assets, other than those designated and effective as hedging instruments, are classified into the following categories: • • • Lifezone does not have any financial assets categorized as FVTPL and FVOCI as at December 31, 2023, and 2022. The classification is determined by both: • • Subsequent measurement of financial assets Financial assets are measured at amortized cost if the assets meet the following conditions (and are not designated as FVTPL): • • After initial recognition, these are measured at amortized cost using the effective interest method and are subject to impairment. Discounting is omitted where the effect of discounting is immaterial. Lifezone’s cash and cash equivalents, other receivables, related party receivables and receivables from affiliated entities fall into this category of financial instruments. Derecognition A financial asset (or, where applicable, a part of a financial asset or part of a group of similar financial assets) is primarily derecognized (i.e., removed from Lifezone’s consolidated statement of financial position) when: • • -through When Lifezone has transferred its rights to receive cash flows from an asset or has entered into a pass -through Continuing involvement that takes the form of a guarantee over the transferred asset is measured at the lower of the original carrying amount of the asset and the maximum amount of consideration that Lifezone could be required to repay. Impairment of financial assets Financial assets are assessed for indicators of impairment at each balance sheet date. Financial assets are impaired when there is objective evidence that, as a result of one or more events that occurred after the initial recognition of the financial asset, the estimated future cash flows of the investment have been negatively impacted. For certain categories of financial assets, such as trade receivables, assets that are assessed not to be impaired individually are subsequently assessed for impairment on a collective basis. For financial assets carried at amortized cost, the amount of the impairment is the difference between the asset’s carrying amount and the present value of estimated future cash flows, discounted at the financial asset’s original effective interest rate. The carrying amount of the financial asset is reduced by the impairment loss directly for all financial assets with the exception of trade receivables, where the carrying amount is reduced through the use of an allowance account. When a trade receivable is considered uncollectable, it is written off against the allowance. Subsequent recoveries of amounts previously written off are credited against the allowance account. Changes in the carrying amount of the allowance account are recognized in profit or loss. If in a subsequent period the amount of the impairment loss decreases, and the decrease can be related objectively to an event occurring after the impairment was recognized, the previously recognized impairment loss is reversed through profit or loss to the extent that the carrying amount of the investment at the date the impairment is reversed does not exceed what the amortized cost would have been had the impairment not been recognized. Interest income For all financial instruments measured at amortized cost, interest income is recognized using the effective interest rate method. The effective interest rate is the rate that exactly discounts the estimated future cash receipts over the expected life of the financial instrument or a shorter period, where appropriate, to the net carrying amount of the financial asset. Interest income is recognized in the statement of comprehensive income. Classification and initial measurement of financial liabilities Financial liabilities are classified, at initial recognition, as financial liabilities at FVTPL and payables, as appropriate. All financial liabilities are recognized initially at fair value. Lifezone’s financial liabilities include trade and other payables, contingent consideration, and long -term Financial liabilities are measured subsequently at amortized cost using the effective interest method which are carried subsequently at fair value with gains or losses recognized in profit or loss. All interest -related Payables This category pertains to financial liabilities that are not held for trading or not designated as at FVTPL upon the inception of the liability. These include liabilities arising from operations (e.g., accounts payable, accrued liabilities). Payables are recognized initially at fair value and are subsequently carried at amortized cost. Amortized cost is calculated by taking into account any discount or premium on acquisition and fees or costs that are an integral part of the effective interest rate. This accounting policy applies to the Lifezone’s trade and other payables. Offsetting financial instruments Financial assets and financial liabilities are offset, and the net amount is reported in the statement of financial position if there is a currently enforceable legal right to offset the recognized amounts and there is an intention to settle on a net basis, or to realize the asset and settle the liability simultaneously. Derecognition Financial liabilities are derecognized when the associated obligation is discharged or cancelled or expires. When an existing financial liability is replaced by another from the same lender on substantially different terms, or the terms of an existing liability are substantially modified, such an exchange or modification is treated as the derecognition of the original liability and the recognition of a new liability. The difference in the respective carrying amounts is recognized in profit or loss and other comprehensive income.
Cash and cash equivalents	2.10 Cash and cash equivalents Cash and cash equivalents comprise cash on hand and demand deposits, together with other short -term Lifezone has not experienced any losses on such amounts.
Provisions	2.11 Provisions Provisions are recognized when Lifezone has a present obligation as a result of a past event, and it is probable that Lifezone will be required to settle the obligation. Provisions are measured at the best estimate of the expenditure required to settle the obligation at the balance sheet date and are discounted to present value where the effect is material. Asset retirement obligation Asset retirement obligations will be incurred by Lifezone either while operating, or at the end of the operating life of, Lifezone’s facilities and mine properties. Lifezone assesses its asset retirement obligation at each reporting date. Lifezone recognizes an asset retirement obligation where it has a legal and constructive obligation as a result of past events, and it is probable that an outflow of resources will be required to settle the obligation, and a reliable estimate of the amount of obligation can be made. Over time, the discounted liability is increased for the change in present value based on the discount rates that reflect current market assessments and the risks specific to the liability. The periodic unwinding of the discount is recognized in the Statement of Comprehensive loss as part of interest expense.
Accruals	2.12 Accruals Accruals expenditure activities are accounted for in the year, not simply when cash payments are made. In particular: • • •
Contingencies	2.13 Contingencies Loss contingencies are recorded as liabilities when it is probable that a loss has been incurred and the amount of the loss can be reasonably estimated. Contingent assets are not recognized in accordance with IAS 37 Provisions, Contingent Liabilities and Contingent Assets. Initial measurement of any contingent consideration which arises from asset acquisition is recognized as a liability for the expected variable payments at the time of the transaction. Any change in the carrying value resulting from accretion of interest of the contingent consideration or remeasurement due to significant changes assumptions is recognized in the Statement of Comprehensive loss.
Investments in joint ventures	2.14 Investments in joint ventures Under the equity method, the investment in joint ventures is carried in the statement of financial position at cost and adjusted thereafter for the post -acquisition The financial statements of the joint venture are prepared for the same reporting period as Lifezone. When necessary, adjustments are made to bring the accounting policies in line with those of Lifezone. Lifezone determines at each reporting date whether there is any objective evidence that the investment in joint ventures is impaired in accordance with IFRS 9 — Financial Instruments Subsequent measurement In determining the value in use of the investments in joint ventures Lifezone estimates: (a) (b) Upon loss of significant influence over a joint venture, Lifezone measures and recognizes any retaining investment at its fair value. Any difference between the carrying amount of a upon loss of significant influence and the fair value of the retaining investment and proceeds from disposal is recognized in profit or loss.
Property and equipment	2.15 Property and equipment Property and equipment are initially recognized at acquisition cost and carried at historical cost less accumulated depreciation and impairment losses, if any. Subsequent acquisitions are included in the asset’s carrying amount or recognized as a separate asset as appropriate only when it is certain the item can be measured reliably. Depreciation is calculated using the straight -line When significant parts of property and equipment are required to be replaced in intervals, Lifezone recognizes such parts as individual assets with specific useful lives and depreciation, respectively. The carrying amount of those parts that are replaced is derecognized in accordance with the derecognition provisions of IAS 16 Property, plant and equipment When a major inspection is performed, its cost is recognized in the carrying amount of the property and equipment as a replacement if the recognition criteria are satisfied. All other repair and maintenance costs are recognized in profit or loss as incurred. Depreciation is calculated on a straight -line Office and computer equipment 5 years Laboratory and testing equipment 2 Years Furniture 5 years Buildings 39 years Vehicles/Transportation equipment 5 years An item of property and equipment and any significant part initially recognized is de -recognized -recognition The assets’ residual values, useful lives and methods of depreciation are reviewed at each financial year -end
Exploration and evaluation expenditure	2.16 Exploration and evaluation expenditure Lifezone’s activity involves the search for mineral resources, the determination of technical feasibility and the assessment of commercial viability of an identified mineral resource, and reports exploration and evaluation expenditure under IFRS 6 — Leases Core exploration and evaluation activities include: • • • • • • • • • • Lifezone applies the area of interest method when accounting for exploration and evaluation costs. All direct costs related to the acquisition of exploration rights are capitalized on a property -by-property -by-property Costs expensed during this phase are included in “General and administrative expenses’ in the statement of profit or loss and other comprehensive income. Exploration and evaluation assets consist of certain mining data acquired in conjunction with the acquisition in 2021. The mining data has an indefinite life and is not being amortized. Following the completion of the ongoing definitive feasibility study which involves capital expenditure to identify and delineate mineral reserves through geological and geotechnical surveying and drilling, at that point, the useful life of the exploration and evaluation assets will be determined and amortized. Exploration and evaluation assets assessed for impairment when facts and circumstances suggest that their carrying amount may not be recoverable. Where the carrying value of an asset exceeds its recoverable amount, which is the higher of value in use and fair value less costs to sell, the asset is written down. An impairment loss is charged to profit or loss in the statement of comprehensive income. An exploration and evaluation asset shall no longer be classified as such when the technical feasibility and commercial viability of extracting a mineral resource are demonstrable. Exploration and evaluation assets shall be assessed for impairment indicators, and any impairment loss recognized, before reclassification. For the purposes of assessing impairment indicators, assets are grouped at the lowest levels for which there are largely independent cash flows (cash -general -generating An impairment review is undertaken when indicators of impairment arise, but typically when one of the following circumstances apply: • • • •
Inventories	2.17 Inventories Inventories are stated at the lower of cost (calculated on a weighted average basis) and net realizable value. Net realizable value refers to the net amount that an entity expects to realize from the sale of inventory in the ordinary course of business. Inventories currently largely consist of fuel used by vehicles, machinery and for power generation in relation to the Kabanga Nickel Project. Cost comprises direct purchase costs.
Other Intangible assets with finite lives	2.18 Other Intangible assets with finite lives Recognition Lifezone’s other intangible assets consist of computer software and patents. Other intangible assets are initially recognized at acquisition cost or acquired as part of a business combination and carried at historical cost less accumulated amortization and impairment losses, if any. Subsequent acquisitions are included in the asset’s carrying amount or recognized as a separate asset as appropriate only when it is probable that future economic benefits associated with the item will flow to Lifezone and the cost of the item can be measured reliably. The useful lives of other intangible assets are assessed as either finite or indefinite. Other Intangible assets are amortized on a straight -line Computer software 3 years Patents 12 years Other Intangible assets with finite lives are amortized over their useful economic lives and assessed for impairment whenever there is an indication that the intangible asset may be impaired. Amortization is calculated using the straight -line Subsequent measurement Changes in the expected useful life or the expected pattern of consumption of future economic benefits embodied in the asset are considered to modify the amortization period or method, as appropriate, and are treated as changes in accounting estimates. The amortization expense on intangible assets with finite lives is recognized in the statement of profit or loss and other comprehensive income in the expense category that is consistent with the function of the intangible assets. Derecognition Gains or losses arising from derecognition of an intangible asset are measured as the difference between the net disposal proceeds and the carrying amount of the asset and are recognized in the statement of profit or loss and other comprehensive income when the asset is derecognized.
Impairment of non-financial assets	2.19 Impairment of non-financial assets 2.19.1. Lifezone assesses at each reporting date, whether there is an indication that an asset (or CGU) may be impaired. If any indication exists, or when annual impairment testing for an asset is required, Lifezone estimates the asset’s or CGU’s recoverable amount. An asset’s recoverable amount is the higher of an asset’s or CGU’s fair value less costs of disposals and its value in use. When the carrying amount of an asset (or a cash -generating An intangible asset with an indefinite useful life is not amortized but is tested annually for impairment. 2.19.2. Goodwill is tested for impairment at least annually and when circumstances indicate that the carrying value may be impaired. Impairment is determined for goodwill by assessing the recoverable amount of each CGU (or group of CGUs) to which the goodwill relates. Where the recoverable amount of the CGU is less than its carrying amount including goodwill, an impairment loss is recognized. Impairment losses relating to goodwill cannot be reversed in future periods.
Share capital	2.20 Share capital Share capital represents the nominal par value of shares that have been issued. Share capital may be issued in consideration for services provided to Lifezone. The amount of share capital issued is based on the fair market value of the services provided.
Share premium	2.21 Share premium Share premium includes any consideration received in excess of the par value upon the issue of share capital. Any transaction costs associated with the issuing of shares are deducted from share premium, net of any related taxes.
Interest expense and income	2.22 Interest expense and income Interest income is recognized using the effective interest rate method. Interest income is derived from interest on funds shareholder loans and cash in bank. All interest -related
Expenses	2.23 Expenses Expenses are recognized in profit or loss upon utilization of the service or as incurred.
Revenue recognition	2.24 Revenue recognition Revenue is attributable to the Lifezone‘s principal activity from its consulting and management services with regards to Lifezone’s licenses of patents for use in mineral beneficiation operations to affiliated companies primarily in Africa and consulting and management services to non -affiliated Lifezone has not engaged in metal extraction revenue as exploration work is in progress. To determine whether to recognize revenue, Lifezone follows a 5 -step 1. 2. 3. 4. 5. Contracts are identified with customers based on implicit or explicit terms as expressed verbally or within written agreements. The consulting and management services provided are not individually distinct and accordingly contracts entered into do not have multiple performance obligations. Transaction prices are stated within the agreement or are verbally agreed to with no variable elements and are allocated to one performance obligation. Accordingly, revenues from the sale of consulting and management services are recognized at the transaction price during the period the services were provided. If Lifezone satisfies a performance obligation before it receives the consideration, Lifezone recognizes either a contract asset or a receivable in its Statement of Financial Position, depending on whether something other than the passage of time is required before the consideration is due.
Right-of-use assets and Lease Liabilities	2.25 Right-of-use assets and Lease Liabilities Lifezone has leases contracts used in its operations with a lease term of 3 – 5 years. The Lifezone’s obligations under its leases are secured by the lessor’s title to the leased assets. Lifezone recognizes right -of-use -of-use -of-use -of-use -line -of-use Liabilities arising from a lease are initially measured at the present value of the remaining lease payments discounted using the interest rate implicit in the lease or the incremental borrowing rate in case the interest rate implicit in the lease is not readily determinable. The main components of the lease payments included in the measurement of the lease liability comprise the following: • • Lease payments contain two elements, principal and interest. Interest expense is presented as part of finance costs in the consolidated statements of operations and other comprehensive income and measured using the effective interest method. Principal and interest portions of lease payments have been presented within financing activities in the consolidated statement of cash flows. The carrying amount of lease liabilities is remeasured if there is change in the future lease payments due to change in index or rate. If ownership of the leased asset transfers to Lifezone at the end of the lease term or the cost reflects the exercise of a purchase option, depreciation is calculated using the estimated useful life of the asset and depreciated on a straight -line
Business combinations and goodwill	2.26 Business combinations and goodwill Business combinations are accounted for using the acquisition method. The cost of an acquisition is measured as the aggregate of the consideration transferred, which is measured at acquisition date fair value, and the amount of any NCI in the acquiree. For each business combination, Lifezone elects whether to measure the NCI in the acquiree at fair value or at the proportionate share of the acquiree’s identifiable net assets. Acquisition -related Lifezone determines that it has acquired a business when the acquired set of activities and assets include an input and a substantive process that together significantly contribute to the ability to create outputs. The acquired process is considered substantive if it is critical to the ability to continue producing outputs, and the inputs acquired include an organized workforce with the necessary skills, knowledge, or experience to perform that process or it significantly contributes to the ability to continue producing outputs and is considered unique or scarce or cannot be replaced without significant cost, effort, or delay in the ability to continue producing outputs. When Lifezone acquires a business, it assesses the assets and liabilities assumed for appropriate classification and designation in accordance with the contractual terms, economic circumstances and pertinent conditions as at the acquisition date. This includes the separation of embedded derivatives in host contracts by the acquiree. Mineral reserves, resources and exploration potential that can be reliably measured are recognized separately in the assessment of fair values on acquisition. Other potential reserves, resources and rights, for which fair values cannot be reliably measured, are not recognized separately, but instead are subsumed in goodwill. Any contingent consideration to be transferred by the acquirer will be recognized at fair value at the acquisition date. Contingent consideration classified as equity is not remeasured and its subsequent settlement is accounted for within equity. Contingent consideration classified as an asset or liability that is a financial instrument and within the scope of IFRS 9 — Financial Instruments Other contingent consideration that is not within the scope of IFRS 9 is measured at fair value at each reporting date with changes in fair value recognized in profit or loss. Goodwill is initially measured at cost (being the excess of the aggregate of the consideration transferred and the amount recognized for NCI over the fair value of the identifiable net assets acquired and liabilities assumed). If the fair value of the identifiable net assets acquired is in excess of the aggregate consideration transferred, Lifezone reassesses whether it has correctly identified all of the assets acquired and all of the liabilities assumed and reviews the procedures used to measure the amounts to be recognized at the acquisition date. If the reassessment still results in an excess of the fair value of net assets acquired over the aggregate consideration transferred, then the gain is recognized in statement of profit or loss and other comprehensive income. After initial recognition, goodwill is measured at cost less any accumulated impairment losses, if any. For the purpose of impairment testing, goodwill acquired in a business combination is, from the acquisition date, allocated to each of the Lifezone’s cash -generating -generating Goodwill disposed of in these circumstances is measured based on the relative value of the disposed operation of and the portion of the cash -generating
Share-based payments	2.27 Share-based payments Where equity -settled -vesting -vesting -vesting Where the terms and conditions of options are modified, the increase in the fair value of the options, measured immediately before and after the modification, is also recognized over the remaining vesting period. Where equity instruments are granted to non -employees When the value of goods and services received in exchange for the share -based -transferability All equity -settled -based -based -based
Contingent Consideration	2.28 Contingent Consideration Contingent consideration arising from an asset acquisition transaction outside IFRS 13 are assessed as provisions under IAS 37. Under IAS -tax
Warrants	2.29 Warrants Warrants are classified as either a liability or equity on inception, depending on the terms of the agreement. Warrants are only classified as equity when they are settled by the entity delivering a fixed number of its own equity instruments and receiving a fixed amount of cash or another financial asset. Lifezone assesses the appropriate classification of warrants at the time of inception. Lifezone determined both the public warrants and private placement warrants should be classified as equity in after assessment of IAS 32 — Financial Instruments: Presentation The fair value of both the public warrants and private warrants are valued using a Black -Scholes
Earnouts	2.30 Earnouts Earnouts represent payment arrangements whereby the additional purchase consideration on acquisition is contingent on the future financial performance of the company. Earnouts are classified as either a liability or equity on inception, depending on the terms of the agreement. Lifezone determined both Lifezone Holdings and Sponsor shareholder earnout should be classified as equity after assessment and IFRS 2 — Share -based Payment The fair value of earnouts are valued based on a Monte Carlo simulation model.
Taxation	2.31 Taxation Tax expense is recognized in profit or loss and comprises the sum of current and deferred tax not recognized in other comprehensive income or directly in equity. Deferred tax is recognized in respect of temporary differences between the carrying amounts of assets and liabilities for financial reporting purposes and the amounts used for taxation purposes. Deferred tax is not recognized for: • • Tax expense is recognized in profit or loss and comprises the sum of current and deferred tax not recognized in other comprehensive income or directly in equity. Deferred tax is recognized in respect of temporary differences between the carrying amounts of assets and liabilities for financial reporting purposes and the amounts used for taxation purposes. Deferred tax is not recognized for: • • Deferred tax is measured at the tax rates at which the temporary differences are expected to reverse, using tax rates enacted or substantively enacted at the reporting date. Deferred tax assets and liabilities are offset where the entity has a legally enforceable right to set off current tax assets against current tax liabilities and the deferred tax assets and liabilities relate to the same taxation authority. Deferred tax assets are recognized to the extent that it is probable that there will be taxable profits in the foreseeable future against which they can be utilized.
Adoption of new and revised standards	2.32 Adoption of new and revised standards New standards issued and effective At the date of authorization of these financial statements, several new, but not yet effective, IFRS and amendments to existing IFRS and Interpretations have been published by the IASB. None of these IFRS or amendments to existing IFRS have been adopted early by Lifezone. Management anticipates that all relevant pronouncements will be adopted for the first period beginning on or after the effective date of the pronouncement. New IFRS, amendments and Interpretations adopted in the current year do not have a significant impact on the Group’s financial results or position. • • • • • New and amended standards not yet effective The standards and interpretations that are issued, but not yet effective, up to the date of issuance of the Lifezone’s financial statements that Lifezone reasonably expects will have an impact on its disclosures, financial position or performance when applied at a future date, are disclosed below. Lifezone intends to adopt these standards, if applicable, when they become effective. • -current • • • • -current Lifezone is currently assessing the impact of the amendments to determine the impact they will have on the Lifezone’s accounting policy disclosures.

General Information (Tables)

General Information (Tables)	12 Months Ended
	Dec. 31, 2023
General Information [Abstract]
Schedule of Fair Value of Identifiable Net Assets Acquired	In accordance with IFRS 2 paragraph Shares Fair value Fair value $ Previous GoGreen Sponsor shareholders 6,468,600 10.00 64,686,000 Previous GoGreen public shareholders 1,527,554 10.00 15,275,540 7,996,154 79,961,540 Fair value of GoGreen net assets (3,104,056 ) SPAC Transaction expense 76,857,484
Schedule of Shares Issued at the Completion of the Acquisition	Lifezone’s shareholdings at the time of the Closing are summarized below. The table below excludes shares issued at the completion of the acquisition of Simulus which was completed on July 18, 2023, as discussed in Note 27. Shareholders Shares At Closing % At Shares Fully Diluted Previous Lifezone Holdings shareholders 62,680,131 80.7 % 62,680,131 52.5 % Previous GoGreen Sponsor shareholders 6,468,600 8.3 % 6,468,600 5.4 % Previous GoGreen public shareholders 1,527,554 2.0 % 1,527,554 1.3 % PIPE Investors 7,017,317 9.0 % 7,017,317 5.9 % Total 77,693,602 100.0 % 77,693,602 65.0 % Warrants ($11.50 Exercise Share Price) Previous GoGreen public warrants 13,800,000 11.6 % Previous GoGreen Sponsor warrants 667,500 0.6 % Total 14,467,500 12.1 % Earnout Trigger Event 1 ($14.00 per Share) Previous Lifezone Holdings shareholders 12,536,026 10.5 % Previous GoGreen Sponsor shareholders 862,500 0.7 % Total 13,398,526 11.2 % Earnout Trigger Event 2 ($16.00 per Share) Previous Lifezone Holdings shareholders 12,536,026 10.5 % Previous GoGreen Sponsor shareholders 862,500 0.7 % Total 13,398,526 11.2 % Fully Diluted Total 119,458,154 100.0 %

Significant Accounting Polici_2

Significant Accounting Policies (Tables)	12 Months Ended
	Dec. 31, 2023
Significant Accounting Policies [Abstract]
Schedule of Financial Statements of Subsidiaries	Management considered the application of the predecessor value method as the most appropriate (also known as merger accounting), which involves accounting for the assets and liabilities of the acquired business using existing carrying values of the acquired business. Name of subsidiary Principal activities Country of incorporation Principal Business Percentage (%) Ownership 2023 NCI 2023 Ownership 2022 NCI 2022 Aqua Merger Sub Holding company Cayman Islands Cayman Islands 100.0 % 0.0 % 0.0 % 100.0 % Lifezone Holdings Limited Holding company Isle of Man United Kingdom 100.0 % 0.0 % 100.0 % 0.0 % Lifezone Limited Holding company Isle of Man United Kingdom 100.0 % 0.0 % 100.0 % 0.0 % Lifezone US Holdings Limited Holding company United Kingdom United Kingdom 100.0 % 0.0 % 0.0 % 100.0 % Lifezone Holdings US, LLC Holding company United State of America United State of America 100.0 % 0.0 % 0.0 % 100.0 % Lifezone Services US, LLC Service company United State of America United State of America 100.0 % 0.0 % 0.0 % 100.0 % Lifezone Recycling US, LLC Recycling United State of America United State of America 100.0 % 0.0 % 0.0 % 100.0 % LZ Services Limited Service company United Kingdom United Kingdom 100.0 % 0.0 % 100.0 % 0.0 % Kabanga Holdings Limited Holding company Cayman Islands Cayman Islands 83.0 % 17.0 % 91.1 % 8.9 % Kabanga Nickel Company Limited Holding company Tanzania Tanzania 83.0 % 17.0 % 91.1 % 8.9 % Kabanga Nickel Limited Holding company United Kingdom United Kingdom 83.0 % 17.0 % 91.1 % 8.9 % Kagera Mining Company Limited Mining Tanzania Tanzania 83.0 % 17.0 % 91.1 % 8.9 % Lifezone Asia-Pacific Pty Ltd (formerly Metprotech Pacific Proprietary Limited) Service company Australia Australia 100.0 % 0.0 % 100.0 % 0.0 % The Simulus Group Pty Limited Holding company Australia Australia 100.0 % 0.0 % 0.0 % 100.0 % Simulus Pty Limited Laboratory and engineering Australia Australia 100.0 % 0.0 % 0.0 % 100.0 % Romanex International Limited Holding company Canada Canada 83.0 % 17.0 % 91.1 % 8.9 % Tembo Nickel Corporation Limited Mining Tanzania Tanzania 69.7 % 30.3 % 76.5 % 23.5 % Tembo Nickel Mining Corporation Limited Mining Tanzania Tanzania 69.7 % 30.3 % 76.5 % 23.5 % Tembo Nickel Refining Corporation Limited Refining Tanzania Tanzania 69.7 % 30.3 % 76.5 % 23.5 %
Schedule of Depreciation Straight-Line Basis Over	Depreciation is calculated on a straight -line Office and computer equipment 5 years Laboratory and testing equipment 2 Years Furniture 5 years Buildings 39 years Vehicles/Transportation equipment 5 years
Schedule of Other Intangible Assets are Amortized	Other Intangible assets are amortized on a straight -line Computer software 3 years Patents 12 years

Segment Information (Tables)

Segment Information (Tables)	12 Months Ended
	Dec. 31, 2023
Segment Information [Abstract]
Schedule of Results	Inter -segment -segment -segment Intellectual Metals Inter-Segment Total $ $ $ $ For the year ended December 31, 2023 Revenue from external customers 12,308,791 2,337,403 (13,168,368 ) 1,477,826 Interest income 259,089 308,101 — 567,190 Gain (loss) on foreign exchange (23,960 ) 203,600 — 179,640 General and administrative expenses (9,202,225 ) (370,044,345 ) 13,168,368 (366,078,202 ) Gain on remeasurement of contingent consideration — 156,047 — 156,047 Interest expense (13,342 ) (198,637 ) — (211,979 ) Operating gain/(loss) 2,574,439 (367,237,831 ) — (364,663,392 ) For the year ended December 31, 2023 Segment assets 3,451,925 138,810,428 — 142,262,353 Segment liabilities (2,514,159 ) (11,434,667 ) — (13,948,826 ) Intellectual Metals Inter-Segment Total $ $ $ $ For the year ended December 31, 2022 Revenue from external customers 12,472,124 — (9,544,664 ) 2,927,460 Interest income 95,064 129,325 — 224,389 Loss on foreign exchange (6,068 ) (49,633 ) — (55,701 ) General and administrative expenses (5,136,544 ) (32,967,639 ) 9,544,664 (28,559,519 ) Gain on remeasurement of contingent consideration — 235,505 — 235,505 Interest expense — (266,354 ) — (266,354 ) Operating gain/(loss) 7,424,576 (32,918,796 ) — (25,494,220 ) For the year ended December 31, 2022 Segment assets liabilities 13,072,760 83,904,291 — 96,977,051 Segment liabilities (8,693,200 ) (12,297,046 ) — (20,990,246 ) Intellectual Metals Inter-Segment Total $ $ $ $ For the year ended December 31, 2021 Revenue from external customers 2,092,575 — — 2,092,575 Interest income 10,385 594 — 10,979 Gain (loss) on foreign exchange 7,592 (73,887 ) — (66,295 ) General and administrative expenses (11,260,080 ) (8,795,223 ) — (20,055,303 ) Interest expense — (160,840 ) — (160,840 ) Loss before tax (9,149,528 ) (9,029,356 ) — (18,178,884 ) For the year ended December 31, 2021 Segment assets 12,499,446 50,341,931 (949,628 ) 61,891,749 Segment liabilities (839,647 ) (7,363,199 ) 175,000 (8,027,846 )

Revenue (Tables)

Revenue (Tables)	12 Months Ended
	Dec. 31, 2023
Revenue [Abstract]
Schedule of Revenue	For the years ended, December 31, December 31, December 31, $ $ $ Kellplant Proprietary Ltd 129,680 1,510,830 1,466,825 Kelltechnology SA Proprietary Ltd 684,407 1,344,039 625,750 Consulting and management fee with affiliated companies 814,087 2,854,869 2,092,575 Non-affiliated company revenue 663,739 72,591 — 1,477,826 2,927,460 2,092,575

Interest Income (Tables)

Interest Income (Tables)	12 Months Ended
	Dec. 31, 2023
Interest Expense [Abstract]
Schedule of Interest Income	For the years ended, December 31, December 31, December 31, $ $ $ Interest on related party loan 6,841 6,821 7,357 Other interest revenue 560,349 217,568 3,622 Consulting and management fee with affiliated companies 567,190 224,389 10,979

Interest Expense (Tables)

Interest Expense (Tables)	12 Months Ended
	Dec. 31, 2023
Interest Expense [Abstract]
Schedule of Interest Expense	For the years ended, December 31, December 31, December 31, $ $ $ Interest accretion on contingent consideration 23 159,904 243,657 160,840 Interest accretion on lease liability 21 52,075 20,745 — Other interest expenses — 1,952 — 211,979 266,354 160,840

General and Administrative Ex_2

General and Administrative Expenses (Tables)	12 Months Ended
	Dec. 31, 2023
General and Administrative Expenses [Abstract]
Schedule of General and Administrative Expenses	The following summary key expenses are included in administrative expenses for the year ended: For the years ended, Note December 31, December 31, December 31, $ $ $ Wages & employee benefits 5,698,761 4,403,080 543,006 Professional fees 3,099,798 6,525,039 6,722,078 Drilling and site costs — 150,173 225,838 Directors’ fees 591,631 192,298 30,353 Legal expenses 5,121,915 10,278,807 1,234,066 Exploration expenses 59 1,314,483 216,990 Depreciation of property and equipment 13 524,959 129,596 25,527 Depreciation of right of use asset 13 353,851 117,436 — Loss on disposal of property and equipment 13 — 271,789 — Amortization of intangible assets 15 163,147 71,095 62,646 Provision for VAT receivable 11 4,617,911 — — Share-based expense – Lifezone Holdings shareholder earnout 25 248,464,035 — — Share-based expense – Sponsor earnout 25 17,094,750 — — SPAC transaction expenses 1 76,857,484 — — Share-based payment expense – share options 25 — — 463,094 Share-based payment expense – restricted stock units 24 — — 9,525,000 Gain (loss) on foreign exchange (179,640 ) 55,701 66,295

Cash and Cash Equivalents (Tabl

Cash and Cash Equivalents (Tables)	12 Months Ended
	Dec. 31, 2023
Cash and Cash Equivalents [Abstract]
Schedule of Cash and Cash Equivalents	December 31, December 31, $ $ USD – United States dollar 46,129,886 18,867,216 GBP – Sterling 792,017 432,044 EUR – EURO 148,519 — AUD – Australian dollar 1,769,872 978,513 ZAR – South African Rand 50,587 — TZS – Tanzania Shilling 500,787 257,437 Cash and cash equivalents 49,391,627 20,535,210 Made up of; Cash at banks and on hand 44,391,627 20,535,210 Short-term deposits 5,000,000 — Cash and cash equivalents 49,391,627 20,535,210

Trade and Other Receivables (Ta

Trade and Other Receivables (Tables)	12 Months Ended
	Dec. 31, 2023
Trade and Other Receivables [Abstract]
Schedule of Other Receivables	Other receivables consist of the following: Note December 31, December 31, $ $ VAT/GST receivables 513,334 2,827,070 Other receivables 696,968 158,231 Receivables from affiliated entities 22 1,433,243 959,935 Prepayments 1,768,923 560,946 Related party receivables 22 75,000 655,683 Prepaid mining license 842,989 843,342 5,330,457 6,005,207

Inventories (Tables)

Inventories (Tables)	12 Months Ended
	Dec. 31, 2023
Inventories [Abstract]
Schedule of Inventories	December 31, December 31, $ $ Fuel 100,780 49,736

Property and Equipment and Ri_2

Property and Equipment and Right-of-Use Assets (Tables)	12 Months Ended
	Dec. 31, 2023
Property and Equipment and Right-of-Use Assets [Abstract]
Schedule of Property and Equipment and Right-of-Use Assets	Lifezone’s property and equipment and right -of-use Buildings Transportation equipment Office and Laboratory Total Right-of- Total $ $ $ $ $ $ $ Cost As at January 1, 2022 932,623 41,457 52,292 — 1,026,372 — 1,026,372 Additions — 82,495 202,369 — 284,864 469,743 754,607 Disposals for the period (255,346 ) — (16,445 ) — (271,791 ) — (271,791 ) As at December 31, 2022 677,277 123,952 238,216 — 1,039,445 469,743 1,509,188 Accumulated depreciation As at January 1, 2022 (14,713 ) (7,773 ) (3,041 ) — (25,527 ) — (25,527 ) Charge (22,068 ) (36,639 ) (70,889 ) — (129,596 ) (117,436 ) (247,032 ) As at December 31, 2022 (36,781 ) (44,412 ) (73,930 ) — (155,123 ) (117,436 ) (272,559 ) Cost As at January 1, 2023 677,277 123,952 238,216 — 1,039,445 469,743 1,509,188 Additions from acquisitions — — 220,698 4,704,783 4,925,481 464,264 5,389,745 Foreign exchange impact — — 1,419 16,664 18,082 — 18,082 Additions — 75,551 621,732 148 697,431 1,230,792 1,928,222 As at December 31, 2023 677,277 199,503 1,082,064 4,721,595 6,680,439 2,164,799 8,845,238 Accumulated depreciation As at January 1, 2023 (36,781 ) (44,412 ) (73,930 ) — (155,123 ) (117,436 ) (272,559 ) Foreign exchange impact — — (300 ) — (300 ) — (300 ) Charge (22,068 ) (66,839 ) (42,298 ) (393,454 ) (524,659 ) (353,851 ) (878,510 ) As at December 31, 2023 (58,849 ) (111,251 ) (116,528 ) (393,454 ) (680,082 ) (471,287 ) (1,151,369 ) Net book value: As at December 31, 2022 640,496 79,540 164,286 — 884,322 352,307 1,236,629 As at December 31, 2023 618,428 88,252 965,536 4,328,141 6,000,357 1,693,512 7,693,869

Goodwill (Tables)

Goodwill (Tables)	12 Months Ended
	Dec. 31, 2023
Goodwill [Abstract]
Schedule of Goodwill	$ Cost As at January 1, 2023 — Acquired through business combination 9,020,813 As at December 31, 2023 9,020,813 Accumulated impairment As at January 1, 2023 — As at December 31, 2023 — As at December 31, 2023 9,020,813
Schedule of Goodwill is Allocated to the Operating Segments Expect to Benefit	$ Goodwill allocated to cash generating unit Intellectual Property 9,020,813 As at December 31, 2023 9,020,813 $ Recoverable amount of each cash generating unit Intellectual Property 9,020,813 As at December 31, 2023 9,020,813
Schedule of Sensitivity Analysis	Discount rate 7.40 % 8.40 % 9.40 % 10.40 % 11.40 % Recoverable amount (in millions) $ 21.59 $ 18.91 $ 16.77 $ 15.03 $ 13.56 Growth rate -0.50 % 0.50 % 1.50 % 2.50 % 3.50 % Recoverable amount (in millions) $ 15.73 $ 16.19 $ 16.77 $ 17.52 $ 18.53

Patents and Other Intangibles (

Patents and Other Intangibles (Tables)	12 Months Ended
	Dec. 31, 2023
Other Intangibles [Abstract]
Schedule of Patents and Other Intangibles	Other Intangibles Patents Software Total Other $ $ $ Cost As at January 1, 2022 806,868 — 806,868 Additions 92,545 92,096 184,641 As at December 31, 2022 899,413 92,096 991,509 Accumulated amortization As at January 1, 2022 (225,451 ) — (225,451 ) Charge (71,095 ) — (71,095 ) As at December 31, 2022 (296,546 ) — (296,546 ) As at December 31, 2022 602,867 92,096 694,963 Cost As at January 1, 2023 899,413 92,096 991,509 Additions during the period 90,978 291,410 382,388 As at December 31, 2023 990,391 383,506 1,373,897 Accumulated amortization As at January 1, 2023 (296,546 ) — (296,546 ) Charge (78,742 ) (84,405 ) (163,147 ) As at December 31, 2023 (375,288 ) (84,405 ) (459,693 ) As at December 31, 2023 615,103 299,101 914,204

Exploration and Evaluation As_2

Exploration and Evaluation Assets and Mining Data (Tables)	12 Months Ended
	Dec. 31, 2023
Exploration and evaluation assets and mining data [Abstract]
Schedule of Exploration and Evaluation Assets and Mining Data	Mining Data Exploration and evaluation assets Total $ $ $ Cost As at January 1, 2022 12,746,135 — 12,746,135 Additions — 5,709,171 5,709,171 As at December 31, 2022 12,746,135 5,709,171 18,455,306 Cost As at January 1, 2023 12,746,135 5,709,171 18,455,306 Additions — 51,355,297 51,355,297 As at December 31, 2023 12,746,135 57,064,468 69,810,603

Subscription Receivable (Tables

Subscription Receivable (Tables)	12 Months Ended
	Dec. 31, 2023
Subscription Receivable [Abstract]
Schedule of Subscription Receivable	December 31, December 31, $ $ Subscription receivable — 50,000,000

Taxation (Tables)

Taxation (Tables)	12 Months Ended
	Dec. 31, 2023
Tax [Abstract]
Schedule of Taxation	December 31, December 31, $ $ Reconciliation of the tax expense Loss for the year before tax (364,663,392 ) (25,494,220 ) Tax using the Isle of Man corporation tax rate of 0% — — Differences in overseas taxation rates 2,360,211 4,753,021 Movement in unrecognized deferred tax assets (2,360,211 ) (4,753,021 ) — —

Trade and Other Payables (Table

Trade and Other Payables (Tables)	12 Months Ended
	Dec. 31, 2023
Trade and other payables [Abstract]
Schedule of Trade and Other Payables	December 31, December 31, $ $ Trade payables 2,529,751 645,677 Tax payable 852,479 595,412 Accrued expenses 4,953,234 15,360,522 8,335,464 16,601,611

Lease Liabilities (Tables)

Lease Liabilities (Tables)	12 Months Ended
	Dec. 31, 2023
Lease Liabilities [Abstract]
Schedule of Lease liability	The roll forward analysis of lease liability is presented below: December 31, December 31, $ $ At January 1 395,880 — Additions 1,677,918 456,068 Interest accretion on lease liability 52,075 20,745 Payments (338,171 ) (80,933 ) At December 31 1,787,702 395,880 Current 602,557 105,304 Non-current 1,185,145 290,576 1,787,702 395,880
Schedule of Undiscounted Lease Payments	Shown below is the maturity analysis of the undiscounted minimum lease payments: December 31, December 31, $ $ Less than 1 year 678,051 122,513 More than 1 year but less than 5 years 1,236,050 311,850 1,914,101 434,363

Significant Related Party Tra_2

Significant Related Party Transactions (Tables)	12 Months Ended
	Dec. 31, 2023
Significant Related Party Transactions [Abstract]
Schedule of Directorships	Name of entity Type Keith Liddell Simon Liddell Lifezone Asia-Pacific Pty Ltd Subsidiary • • Simulus Pty Ltd Subsidiary • The Simulus Group Pty Ltd Subsidiary • Kabanga Holdings Limited Subsidiary • Romanex International Limited Subsidiary • Tembo Nickel Mining Company Limited Subsidiary • Tembo Nickel Refining Company Limited Subsidiary • Tembo Nickel Corp. Limited Subsidiary •
Schedule of Remuneration of key Management Personnel	2023 2022 2021 $ $ $ Short-term employee benefits 3,651,073 2,554,359 644,550 Short-term employee bonuses 512,524 2,137,721 3,750,546 Post-employment pension and medical benefits 125,591 361,955 — Total compensation paid 4,289,187 5,054,035 4,395,096
Schedule of Share Based Earnouts to Key Management Personnel	2023 2022 2021 $ $ $ Share-based expense – Lifezone Holdings shareholder earnout 110,611,407 — — Share-based payment expense – share options — — 328,326 Share-based payment expense – restricted stock units — — 9,525,000
Schedule of Employment of and Existing Consulting Agreements	The amounts disclosed in the above relate to employee expenses incurred during the reporting period in connection to the employment of and existing consulting agreements entered into with key management personnel as listed following: Keith Liddell Chairman Chris Showalter Chief Executive Officer Ingo Hofmaier Chief Financial Officer (joined June 29, 2023) Dr Michael Adams Chief Technology Officer Gerick Mouton Chief Operating Officer Benedict Busunzu Tembo Nickel Chief Executive Officer Spencer Davis Group General Counsel (joined March 1, 2023) Natasha Liddell Chief Sustainability Officer (resigned February 16, 2024) Anthony von Christierson Senior Vice President: Commercial and Business Development Evan Young Senior Vice President: Investor Relations and Capital Markets (joined October 10, 2023)
Schedule of Related Parties	Lifezone had sales to related parties as follows for the period ended: December 31, December 31, December 31, $ $ $ Transactions with affiliated companies Kellplant Proprietary Ltd 129,680 1,510,830 1,466,825 Kelltechnology SA Proprietary Ltd 684,407 1,344,039 625,750 Consulting and management fee revenue 814,087 2,854,869 2,092,575
Schedule of Consultancy Fees and Bonuses	Consultancy fees and Bonuses Engagement Party Related Person Engagement with 2023 2022 commenced ended Transition Resources Limited* Anthony von Christierson Lifezone Limited 163,193 479,702 March 21, 2022 July 31, 2023 Fugue Pte Limited Mike Adams Lifezone Limited — 279,608 April 15, 2022 June 30, 2022 Airvolution Co. Limited Mike Adams Lifezone Limited 625,935 810,810 November 16, 2022 — LZ Advisory LLC Christopher Showalter Lifezone Limited 957,682 951,720 March 15, 2022 — Southern Prospecting (UK) Limited Chris von Christierson Lifezone Limited 68,819 87,588 April 3, 2019 August 31, 2023 Keshel Consult Limited Keith Liddell Lifezone Limited 391,735 1,135,157 March 15, 2022 June 30, 2023 Keith Liddell Keith Liddell Lifezone Limited 132,048 — July 7, 2023 — Integrated Finance WA PTY Ltd Charles Liddell Lifezone Limited 37,345 41,195 March 23, 2022 — Newvision Metals PTE. Limited Gerick Mouton Lifezone Limited 425,000 435,956 June 2, 2022 — EJMY Consulting Evan Young Lifezone Limited 42,117 — October 10, 2023 — 2,843,873 4,221,735 Wages and Bonuses Natasha Liddell Lifezone Asia-Pacific Pty Ltd 320,195 572,829 Simon Liddell Lifezone Asia-Pacific Pty Ltd 284,047 502,259 Anthony von Christierson** LZ Services Limited 122,386 — 726,628 1,075,088 * **
Schedule of Receivables Due from Related Parties	Lifezone had receivables due from related parties as at: December 31, December 31, $ $ Balances with affiliated entities BHP Billiton (UK) DDS Limited — 211,099 Kelltechnology SA Proprietary Ltd 1,433,243 748,836 Other receivables 1,433,243 959,935 Balances with management personnel Related party receivables – Interest free 75,000 375,000 Related party receivables – Interest bearing — 280,683 75,000 655,683 December 31 December 31 $ $ Balances with management personnel Related party payables 132,048 — 132,048 —

Contingent Consideration (Table

Contingent Consideration (Tables)	12 Months Ended
	Dec. 31, 2023
Contingent Consideration [Abstract]
Schedule of Carrying Amount for the Reporting Periods	The carrying amounts for the reporting periods can be analyzed as follows: Gross carrying amount $ At January 1, 2022 5,681,603 Repayment (2,000,000 ) Remeasurement gain (235,505 ) Accretion of interest 243,657 At December 31, 2022 3,689,755 Remeasurement gain (156,047 ) Accretion of interest 159,904 At December 31, 2023 3,693,612

Long Term Rehabilitation Prov_2

Long Term Rehabilitation Provision (Tables)	12 Months Ended
	Dec. 31, 2023
Long Term Rehabilitation Provision [Abstract]
Schedule of Long Term Rehabilitation Provision	December 31, December 31, $ $ Asset retirement obligation provision — 303,000

Equity (Tables)

Equity (Tables)	12 Months Ended
	Dec. 31, 2023
Equity [Abstract]
Schedule of Equity Interest	December 31, December 31, Number of $ Number of $ Share capital: Lifezone Holding Limited Number of ordinary shares in issue 58,300,082 Nominal average value per ordinary per share 0.0001 Nominal value of ordinary total shares: Lifezone Holdings Limited 3,101 Lifezone Metals Limited Number of ordinary shares in issue 78,269,952 Nominal average value per ordinary per share 0.0001 Nominal value of ordinary total shares: Lifezone Metals Limited 7,828
Schedule of Reconciliation of Shareholders' Equity Movement	Reconciliation of Shareholders’ equity movement December 31, 2023 Movements December 31, 2022 Number of Shares $ $ Number of Shares $ Share capital, beginning 58,300,082 3,101 — 58,300,082 1,843 Transactions with shareholders Lifezone Holdings restricted stock units exercised 2,819,653 150 150 — — Lifezone Holdings share options, net settled exercised 1,560,396 83 83 — — 4,380,049 233 233 — — Total Lifezone Holdings Limited shares prior to share exchange 62,680,131 3,334 58,300,082 1,843 Share exchange transaction Total Lifezone Holdings shares exchanged for Lifezone Metals shares (62,680,131 ) (3,334 ) (3,334 ) Reconciliation of Shareholders’ equity movement December 31, 2023 Movements December 31, 2022 Number of Shares $ $ Number of Shares $ Exchange ratio of 94:1 Exchanged for Issue of Lifezone Metal Limited shares 62,680,131 6,268 6,268 — — Previous GoGreen Sponsor shareholders 6,468,600 647 647 — — Previous GoGreen public shareholders 1,527,554 153 153 — — PIPE Investors 7,017,317 702 702 — — Simulus Vendors 500,000 50 50 — — Issue of Lifezone Metal Limited shares 78,193,602 7,820 7,820 — — Issue of shares from warrants 76,350 8 8 — — Share flip up transaction Swap of Lifezone and KNL shares — — — (58,300,082 ) (1,843 ) Issue of Lifezone Holdings Limited shares — — — 58,300,082 3,101 — — — — 1,258 Total transactions with shareholders 78,269,952 7,828 7,828 — 1,258 Share capital, ending 78,269,952 7,828 4,727 58,300,082 3,101 Share premium 184,610,307 158,933,651 25,676,656 Equity issuance fees (5,923,979 ) (5,683,979 ) (240,000 ) Total share premium 178,686,328 153,249,672 25,436,656 Lifezone Holdings restricted stock — (14,379,698 ) 14,379,698 Lifezone Holdings share options — (11,103,650 ) 11,103,650 Previous Lifezone Holdings shareholders earnouts 248,464,035 248,464,035 — Previous Sponsor earnouts 17,094,750 17,094,750 — Total shared base payment reserve 265,558,785 240,075,437 25,483,348 Warrant reserves 15,017,257 15,017,257 — Other reserves (6,814,302 ) 8,680,952 (15,495,254 ) Translations reserve 77,933 (37,931 ) 115,864 Redemption reserve 280,808 — 280,808 Accumulated deficit (408,165,162 ) (363,874,560 ) (44,290,602 ) Total Shareholders’ equity (deficit) 44,649,475 53,115,554 (8,466,079 )
Schedule of Fair Value of Restricted Stock Units	Restricted Fair value As at January 1, 2022 150 9,525,000 Granted — — Released* (150 ) — Exchanged* 30,000 — Fair value adjustment — 4,854,698 Outstanding at December 31, 2022 30,000 14,379,698 As at January 1, 2023 30,000 14,379,698 Exchanged** (30,000 ) (14,379,698 ) Outstanding at December 31, 2023 — — * -Up **
Schedule of Weighted Average Exercise Price of Share Options	Share Options Units Weighted Balance at January 1, 2022 — — Granted 18,054 74.58 Lapsed — — Exercised — — Outstanding at 31 December, 2022 18,054 74.58 Exchanged* (18,054 ) (74.58 ) Outstanding at 31 December, 2023 — —
Schedule of Monte Carlo Model	Inputs Valuation Date July 6, 2023 Stock Price as of Measurement Date/BCA Date $ 10.32 Equity Volatility (Pre BCA) n/a Equity Volatility (Post BCA) 94.0 % Risk-Free Rate (5.00 Years) 4.28 %
Schedule of Share Price Earnout Tranches	Share Price Earnout Tranches Beginning Expiration Share Price Hurdle Sale Threshold Price for Tranche 1 – Triggering Event I July 6, 2023 July 6, 2028 $ 14.00 Sale Threshold Price for Tranche 2 – Triggering Event II July 6, 2023 July 6, 2028 $ 16.00 Days Above Threshold Price 20 Days Above Measurement Period 30 Change of Control Provisions n/a Change of Control Date n/a Probability of Change of Control 0 %
Schedule of Fair Value of Earnouts Granted	Share Fair value Fair Balance as at January 1, 2023 — — Granted – Lifezone Holdings ($14.00 per Share) 12,536,026 $ 9.98 125,109,539 Granted – Lifezone Holdings ($16.00 per Share) 12,536,026 $ 9.84 123,354,496 Outstanding as at December 31, 2023 25,072,052 248,464,035 Share Fair value Fair Balance as at January 1, 2023 — — Granted – Sponsor shareholder ($14.00 per Share) 862,500 $ 9.98 8,607,750 Granted – Sponsor shareholder ($16.00 per Share) 862,500 $ 9.84 8,487,000 Outstanding as at December 31, 2023 1,725,000 17,094,750
Schedule of Share Price Earnout Tranches	Inputs Valuation Date – date of warrant assumption July 5, 2023 Unit Issuance Date October 21, 2021 Announcement Date December 13, 2022 Business Combination Date July 5, 2023 Exercise Date August 4, 2023 Expiration Date July 5, 2028 First Trading Date December 13, 2021 Stock Price as of Measurement Date $ 11.44 Strike Price $ 11.50 Risk-Free Rate (5.00 Years) 4.16 % Redemption Threshold Price $ 18.00 Days Above Threshold Price (Automatic Redemption) 20 Days Above Measurement Period 30 Probability of Acquisition 100 %
Schedule of Fair Value of Outstanding Warrants	Number of Fair Balance as at January 1, 2023 — — Public Warrants ($11.50 per warrant) 13,800,000 14,490,000 Exercised (76,350 ) (80,168 ) Outstanding as at December 31, 2023 13,723,650 14,409,833 Number of Fair Balance as at January 1, 2023 — — Private Warrants ($11.50 per warrant) 667,500 607,425 Outstanding as at December 31, 2023 667,500 607,425

LPS (Tables)

LPS (Tables)	12 Months Ended
	Dec. 31, 2023
LPS [Abstract]
Schedule of Basic and Diluted Loss Per Common Share	The following table sets forth the reconciliation of the numerator and denominator used in the computation of basic and diluted loss per common share for the period ended December 31, 2023, and December 31, 2022 and December 31, 2021: 2023 2022 2021 $ $ $ Numerator: Net loss used for basic earnings per share (363,874,560 ) (23,583,342 ) (18,002,646 ) Denominator: Basic weighted-average outstanding common shares 65,891,620 58,300,082 57,073,267 Effect of dilutive potential common shares resulting from options 1,444,589 2,819,653 14,098 Effect of dilutive potential restricted stock units 799,436 1,560,396 931,989 Effect of dilutive potential warrants units 7,057,578 — — Effect of dilutive potential earnout units 10,781,188 — — Weighted-average shares outstanding – diluted 85,974,411 62,680,131 58,019,354 Net loss per common share: Basic and diluted loss per share (5.34 ) (0.40 ) (0.32 )

Interests in Other Entities (Ta

Interests in Other Entities (Tables)	12 Months Ended
	Dec. 31, 2023
Interests in Other Entities [Abstract]
Schedule of Financial Statements	USD 000’s Assets acquired Cash 427 Trade debtors 260 Prepayments 406 Property, plant and equipment (revalued) 4,926 Total assets acquired 6,019 Liabilities assumed Trade creditors (474 ) Total liabilities assumed (474 ) Working capital adjustment (35 ) Total identifiable net assets at fair value 5,510 Consideration Cash deposit (paid March 27, 2023) 1,000 Cash on completion (paid July 18, 2023) 7,500 Issue of shares in Lifezone Metals Limited 6,030 14,530 Goodwill arising on acquisition 9,020

Joint ventures (Tables)

Joint ventures (Tables)	12 Months Ended
	Dec. 31, 2023
Joint ventures [Abstract]
Schedule of Lifezone’s Joint Ventures	Details of each of the Lifezone’s joint ventures at the end of the reporting period are as follows: JV Equity Entities: Country of Principal Percentage of Ownership (%) 2023 2022 Kelltech Limited Mauritius Mauritius 50 % 50 % Kelltechnology South Africa (RF) Proprietary Ltd South Africa South Africa 33 % 33 % Kellplant Proprietary Ltd South Africa South Africa 33 % 33 %

Financial Risk Review (Tables)

Financial Risk Review (Tables)	12 Months Ended
	Dec. 31, 2023
Financial Risk Review [Abstract]
Schedule of Carrying Amount of Financial Assets Represents the Maximum Credit Exposure	The carrying amount of financial assets represents the maximum credit exposure and at the reporting date was: December 31, December 31, $ $ Cash and cash equivalents 49,391,627 20,535,210 Subscription receivable — 50,000,000 Other receivables 696,968 158,231 Receivables from affiliated entities 1,433,243 959,935 Related party receivables 75,000 655,683 51,596,838 72,309,059
Schedule of Credit Risk Exposure	Set out below is the information about the credit risk exposure of the Lifezone’s financial assets as at December 31, 2023, and 2022: Current Days past due Impairment Total 31-60 61-90 91-120 >120 At December 31, 2023 Cash and cash equivalent 49,391,627 — — — — — 49,391,627 Other receivables 98,836 598,132 — — — — 696,968 Receivable from affiliated entities 1,433,243 — — — — — 1,433,243 Related party receivables 75,000 — — — — — 75,000 50,998,706 598,132 — — — — 51,596,838 Current Days past due Impairment Total 31-60 61-90 91-120 >120 At December 31, 2022 Cash and cash equivalent 20,535,210 — — — — — 20,535,210 Subscription receivable 50,000,000 — — — — — 50,000,000 Other receivables 79,648 66,861 — 11,722 — — 158,231 Receivable from affiliated entities 748,836 — — — 211,099 — 959,935 Related party receivables 655,683 — — — — — 655,683 72,019,377 66,861 — 11,722 211,099 — 72,309,059
Schedule of Liquidity Risk	Lifezone expects to fund its capital requirements and ongoing operations through current cash reserves, equity, mezzanine, debt funding or monetizing the offtake from the Kabanga Nickel Project. December 31, December 31, $ $ <=30 days 7,667,147 16,029,218 30 – 60 days 104,240 — 61 – 90 days 156,360 23,018 91 – 120 days 208,480 — >=121 days 5,392,901 4,691,328 Total 13,529,128 20,743,564
Schedule of Financial Instruments	The following table includes financial instruments which are denominated in foreign currencies: December 31, December 31, GBP £ GBP £ Cash in banks 620,208 359,021 Prepaid expenses 134,828 — Trade and other payables 489,117 77,301 AUD AUD Cash in banks 2,587,533 1,456,988 Trade receivables 112,069 — Prepaid expenses 238,181 — Trade and other payables 743,959 919,785 EUR EUR Cash in banks 133,685 — TZS TZS Cash in banks 1,259,494,294 600,859,075 ZAR ZAR Cash in banks 937,684 —
Schedule of Demonstrates the Estimated Sensitivity	Lifezone’s exposure to foreign currency changes for all other currencies is not considered material. Effect on Profit December 31, December 31, Change in GBP Rate 10% 79,202 43,204 -10% (79,202 ) 43,204 Change in AUD Rate 10% (176,987 ) (97,851 ) -10% 176,987 97,851 Change in EUR Rate 10% 14,848 — -10% (14,858 ) — Change in TZS Rate 10% (50,079 ) (25,744 ) -10% 50,079 25,744 Change in ZAR Rate 10% (5,058 ) — -10% 5,058 —

General Information (Details)

General Information (Details) - USD ($)

12 Months Ended

Mar. 27, 2024

Sep. 29, 2023

Jul. 18, 2023

Mar. 27, 2023

Feb. 15, 2023

Oct. 31, 2022

Oct. 14, 2022

Dec. 31, 2023

Dec. 31, 2021

Dec. 31, 2022

Jul. 01, 2022

Jun. 24, 2022

Dec. 24, 2021

Nov. 10, 2021

Dec. 31, 2020

Dec. 31, 2018

General Information [Line Items]

Percentage of interest

100%

Convertible loan agreement

$ 50,000,000

Interest rate

8.90%

3%

Investment in equity

$ 50,000,000

Consideration received

$ 14,530,000

$ 50,000,000

Equity issuance cost

$ 240,000

Non-cash expense

$ 1,695,056

Price per share (in Dollars per share)

$ 10

$ 1

Gross proceeds

$ 50,000,000

Redemptions percentage

94.47%

Residual shares (in Shares)

1,527,554

Restricted stock units (in Shares)

30,000

Increase in cash and cash equivalents

$ 49,391,627

$ 45,624,110

$ 20,535,210

$ 3,106,189

Shares issued (in Shares)

78,269,952

58,300,082

58,300,082

150

Deposit paid

$ 1,000,000

Cash consideration

$ 7,500,000

Bottom of Range [Member]

General Information [Line Items]

Stock certificate interest rate

8.90%

Top of Range [Member]

General Information [Line Items]

Stock certificate interest rate

17%

Lifezone Holdings Limited [Member]

General Information [Line Items]

Gross proceeds

$ 86,600,000

Outstanding options (in Shares)

18,054

BHP [Member]

General Information [Line Items]

Investment amount

$ 10,000,000

KNL [Member]

General Information [Line Items]

Convertible loan agreement

$ 40,000,000

Interest rate

8.90%

Investment in equity

$ 50,000,000

Equity issuance cost

$ 2,500,000

Lifezone Limited [Member]

General Information [Line Items]

Non-cash expense

$ 76,900,000

Shares issued and outstanding (in Shares)

77,693,602

Shares issued (in Shares)

500,000

Shares received (in Shares)

1,335,000

Outstanding shares percentage

1.50%

Lifezone Limited [Member] | Trigger Event 1 [Member]

General Information [Line Items]

Volume-weighted average price (in Dollars per share)

$ 14

Lifezone Limited [Member] | Trigger Event 2 [Member]

General Information [Line Items]

Volume-weighted average price (in Dollars per share)

$ 16

PIPE Transaction [Member]

General Information [Line Items]

Gross proceeds

$ 70,200,000

Increase in cash and cash equivalents

73,300,000

SPAC Transaction [Member]

General Information [Line Items]

Cash

16,500,000

Sponsor Shareholders [Member]

General Information [Line Items]

Shares received (in Shares)

5,133,600

Warrants received (in Shares)

667,500

Simulus Acquisition [Member]

General Information [Line Items]

Cash

$ 427,000

Deposit paid

$ 1,000,000

Business Combination [Member] | Lifezone Holdings Limited [Member]

General Information [Line Items]

Percentage of interest

100%

Ordinary shares [member] | Sponsor [Member]

General Information [Line Items]

Shares issued (in Shares)

1,725,000

General Information (Details) -

General Information (Details) - Schedule of Fair Value of Identifiable Net Assets Acquired	Dec. 31, 2023 USD ($) $ / shares shares
Schedule of Fair Value of Identifiable Net Assets Acquired [Line Items]
Shares issued at Closing (in Shares) | shares	7,996,154
Fair value per Share (in Dollars per share) | $ / shares	$ 12.06
Fair value of shares at closing date	$ 79,961,540
Previous GoGreen Sponsor shareholders [Member]
Schedule of Fair Value of Identifiable Net Assets Acquired [Line Items]
Shares issued at Closing (in Shares) | shares	6,468,600
Fair value per Share (in Dollars per share) | $ / shares	$ 10
Fair value of shares at closing date	$ 64,686,000
Previous GoGreen public shareholders [Member]
Schedule of Fair Value of Identifiable Net Assets Acquired [Line Items]
Shares issued at Closing (in Shares) | shares	1,527,554
Fair value per Share (in Dollars per share) | $ / shares	$ 10
Fair value of shares at closing date	$ 15,275,540
Fair value of GoGreen net assets [Member]
Schedule of Fair Value of Identifiable Net Assets Acquired [Line Items]
Fair value of shares at closing date	(3,104,056)
SPAC Transaction expense [Member]
Schedule of Fair Value of Identifiable Net Assets Acquired [Line Items]
Fair value of shares at closing date	$ 76,857,484

General Information (Details)_2

General Information (Details) - Schedule of Shares Issued at the Completion of the Acquisition	Dec. 31, 2023 shares
Schedule of Shares Issued at the Completion of the Acquisition [Line Items]
Shares (Fully Diluted)	119,458,154
Fully Diluted %	100%
Lifezone Shareholders [Member]
Schedule of Shares Issued at the Completion of the Acquisition [Line Items]
Shares At Closing	77,693,602
% At Closing	100%
Shares (Fully Diluted)	77,693,602
Fully Diluted %	65%
Warrants [Member]
Schedule of Shares Issued at the Completion of the Acquisition [Line Items]
Shares (Fully Diluted)	14,467,500
Fully Diluted %	12.10%
Earnout Trigger Event 1 [Member]
Schedule of Shares Issued at the Completion of the Acquisition [Line Items]
Shares (Fully Diluted)	13,398,526
Fully Diluted %	11.20%
Earnout Trigger Event 2 [Member]
Schedule of Shares Issued at the Completion of the Acquisition [Line Items]
Shares (Fully Diluted)	13,398,526
Fully Diluted %	11.20%
Previous Lifezone Holdings shareholders [Member] | Lifezone Shareholders [Member]
Schedule of Shares Issued at the Completion of the Acquisition [Line Items]
Shares At Closing	62,680,131
% At Closing	80.70%
Shares (Fully Diluted)	62,680,131
Fully Diluted %	52.50%
Previous Lifezone Holdings shareholders [Member] | Earnout Trigger Event 1 [Member]
Schedule of Shares Issued at the Completion of the Acquisition [Line Items]
Shares (Fully Diluted)	12,536,026
Fully Diluted %	10.50%
Previous Lifezone Holdings shareholders [Member] | Earnout Trigger Event 2 [Member]
Schedule of Shares Issued at the Completion of the Acquisition [Line Items]
Shares (Fully Diluted)	12,536,026
Fully Diluted %	10.50%
Previous GoGreen Sponsor shareholders [Member] | Lifezone Shareholders [Member]
Schedule of Shares Issued at the Completion of the Acquisition [Line Items]
Shares At Closing	6,468,600
% At Closing	8.30%
Shares (Fully Diluted)	6,468,600
Fully Diluted %	5.40%
Previous GoGreen Sponsor shareholders [Member] | Earnout Trigger Event 1 [Member]
Schedule of Shares Issued at the Completion of the Acquisition [Line Items]
Shares (Fully Diluted)	862,500
Fully Diluted %	0.70%
Previous GoGreen Sponsor shareholders [Member] | Earnout Trigger Event 2 [Member]
Schedule of Shares Issued at the Completion of the Acquisition [Line Items]
Shares (Fully Diluted)	862,500
Fully Diluted %	0.70%
Previous GoGreen public shareholders [Member] | Lifezone Shareholders [Member]
Schedule of Shares Issued at the Completion of the Acquisition [Line Items]
Shares At Closing	1,527,554
% At Closing	2%
Shares (Fully Diluted)	1,527,554
Fully Diluted %	1.30%
PIPE Investors [Member] | Lifezone Shareholders [Member]
Schedule of Shares Issued at the Completion of the Acquisition [Line Items]
Shares At Closing	7,017,317
% At Closing	9%
Shares (Fully Diluted)	7,017,317
Fully Diluted %	5.90%
Previous GoGreen public warrants [Member] | Warrants [Member]
Schedule of Shares Issued at the Completion of the Acquisition [Line Items]
Shares (Fully Diluted)	13,800,000
Fully Diluted %	11.60%
Previous GoGreen Sponsor warrants [Member] | Warrants [Member]
Schedule of Shares Issued at the Completion of the Acquisition [Line Items]
Shares (Fully Diluted)	667,500
Fully Diluted %	0.60%

Significant Accounting Polici_3

Significant Accounting Policies (Details) - USD ($)					12 Months Ended
	Mar. 27, 2024	Mar. 21, 2024	Sep. 29, 2023	Feb. 15, 2023	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021	Oct. 14, 2022	Jul. 01, 2022	Dec. 24, 2021	Dec. 31, 2020	Dec. 31, 2018
Significant Accounting Policies (Details) [Line Items]
Equity interest					100%
Interest percentage						8.90%						3%
Effective percentage				17%
Net comprehensive loss					$ (363,874,560)	$ (23,583,342)	$ (18,002,646)
Comprehensive loss						25,583,342
Accumulated loss					408,165,162	44,290,602
Positive cash flow					28,816,044
Negative cash flow						25,080,763
Cash and cash equivalents					49,391,627	20,535,210	$ 45,624,110				$ 3,106,189
Cash transferred					28,900,000	25,000,000
Net inflows					115,700,000	100,000
Net outflows from operating activities					26,900,000	17,000,000
Net outflows from investing activities					$ 60,100,000	8,000,000
Convertible note		$ 50,000,000
Gross proceeds	$ 50,000,000
Convertible fundraising	$ 50,000,000
Price per share (in Dollars per share)					$ 11.5
Warrants received (in Shares)			667,500		667,500
Shareholders outstanding shares owned percentage			1.50%
Shares received by sponsor (in Shares)			1,335,000
Share outstanding (in Shares)					14,391,141
Botton of Range [Member]
Significant Accounting Policies (Details) [Line Items]
Cash transferred					$ 28,900,000
Operations lease term					3 years
Top of range [member]
Significant Accounting Policies (Details) [Line Items]
Cash transferred						$ 25,000,000
Operations lease term					5 years
KNL [Member]
Significant Accounting Policies (Details) [Line Items]
Initial investment								$ 50,000,000
Interest percentage									8.90%
Convertible fundraising										$ 40,000,000
BHP [Member]
Significant Accounting Policies (Details) [Line Items]
Initial investment				$ 50,000,000
LML [Member]
Significant Accounting Policies (Details) [Line Items]
Cash and cash equivalents					$ 49,400,000
Warrants [Member]
Significant Accounting Policies (Details) [Line Items]
Warrants received (in Shares)			5,133,600
Warrants [Member] | LML [Member]
Significant Accounting Policies (Details) [Line Items]
Market price per share (in Dollars per share)					$ 11.5

Significant Accounting Polici_4

Significant Accounting Policies (Details) - Schedule of Financial Statements of Subsidiaries	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022
Aqua Merger Sub [Member]
Schedule of Financial Statements of Subsidiaries [Line Items]
Principal activities	Holding company
Country of incorporation	Cayman Islands
Principal place of Business	Cayman Islands
Percentage of Ownership (%)	100%	0%
Percentage of NCI (%)	0%	100%
Lifezone Holdings Limited [Member]
Schedule of Financial Statements of Subsidiaries [Line Items]
Principal activities	Holding company
Country of incorporation	Isle of Man
Principal place of Business	United Kingdom
Percentage of Ownership (%)	100%	100%
Percentage of NCI (%)	0%	0%
Lifezone Limited [Member]
Schedule of Financial Statements of Subsidiaries [Line Items]
Principal activities	Holding company
Country of incorporation	Isle of Man
Principal place of Business	United Kingdom
Percentage of Ownership (%)	100%	100%
Percentage of NCI (%)	0%	0%
Lifezone US Holdings Limited [Member]
Schedule of Financial Statements of Subsidiaries [Line Items]
Principal activities	Holding company
Country of incorporation	United Kingdom
Principal place of Business	United Kingdom
Percentage of Ownership (%)	100%	0%
Percentage of NCI (%)	0%	100%
Lifezone Holdings US, LLC [Member]
Schedule of Financial Statements of Subsidiaries [Line Items]
Principal activities	Holding company
Country of incorporation	United State of America
Principal place of Business	United State of America
Percentage of Ownership (%)	100%	0%
Percentage of NCI (%)	0%	100%
Lifezone Services US, LLC [Member]
Schedule of Financial Statements of Subsidiaries [Line Items]
Principal activities	Service company
Country of incorporation	United State of America
Principal place of Business	United State of America
Percentage of Ownership (%)	100%	0%
Percentage of NCI (%)	0%	100%
Lifezone Recycling US, LLC [Member]
Schedule of Financial Statements of Subsidiaries [Line Items]
Principal activities	Recycling
Country of incorporation	United State of America
Principal place of Business	United State of America
Percentage of Ownership (%)	100%	0%
Percentage of NCI (%)	0%	100%
LZ Services Limited [Member]
Schedule of Financial Statements of Subsidiaries [Line Items]
Principal activities	Service company
Country of incorporation	United Kingdom
Principal place of Business	United Kingdom
Percentage of Ownership (%)	100%	100%
Percentage of NCI (%)	0%	0%
Kabanga Holdings Limited [Member]
Schedule of Financial Statements of Subsidiaries [Line Items]
Principal activities	Holding company
Country of incorporation	Cayman Islands
Principal place of Business	Cayman Islands
Percentage of Ownership (%)	83%	91.10%
Percentage of NCI (%)	17%	8.90%
Kabanga Nickel Company Limited [Member]
Schedule of Financial Statements of Subsidiaries [Line Items]
Principal activities	Holding company
Country of incorporation	Tanzania
Principal place of Business	Tanzania
Percentage of Ownership (%)	83%	91.10%
Percentage of NCI (%)	17%	8.90%
Kabanga Nickel Limited [Member]
Schedule of Financial Statements of Subsidiaries [Line Items]
Principal activities	Holding company
Country of incorporation	United Kingdom
Principal place of Business	United Kingdom
Percentage of Ownership (%)	83%	91.10%
Percentage of NCI (%)	17%	8.90%
Kagera Mining Company Limited [Member]
Schedule of Financial Statements of Subsidiaries [Line Items]
Principal activities	Mining
Country of incorporation	Tanzania
Principal place of Business	Tanzania
Percentage of Ownership (%)	83%	91.10%
Percentage of NCI (%)	17%	8.90%
Lifezone Asia-Pacific Pty Ltd (formerly Metprotech Pacific Proprietary Limited) [Member]
Schedule of Financial Statements of Subsidiaries [Line Items]
Principal activities	Service company
Country of incorporation	Australia
Principal place of Business	Australia
Percentage of Ownership (%)	100%	100%
Percentage of NCI (%)	0%	0%
The Simulus Group Pty Limited [Member]
Schedule of Financial Statements of Subsidiaries [Line Items]
Principal activities	Holding company
Country of incorporation	Australia
Principal place of Business	Australia
Percentage of Ownership (%)	100%	0%
Percentage of NCI (%)	0%	100%
Simulus Pty Limited [Member]
Schedule of Financial Statements of Subsidiaries [Line Items]
Principal activities	Laboratory and engineering
Country of incorporation	Australia
Principal place of Business	Australia
Percentage of Ownership (%)	100%	0%
Percentage of NCI (%)	0%	100%
Romanex International Limited [Member]
Schedule of Financial Statements of Subsidiaries [Line Items]
Principal activities	Holding company
Country of incorporation	Canada
Principal place of Business	Canada
Percentage of Ownership (%)	83%	91.10%
Percentage of NCI (%)	17%	8.90%
Tembo Nickel Corporation Limited [Member]
Schedule of Financial Statements of Subsidiaries [Line Items]
Principal activities	Mining
Country of incorporation	Tanzania
Principal place of Business	Tanzania
Percentage of Ownership (%)	69.70%	76.50%
Percentage of NCI (%)	30.30%	23.50%
Tembo Nickel Mining Corporation Limited [Member]
Schedule of Financial Statements of Subsidiaries [Line Items]
Principal activities	Mining
Country of incorporation	Tanzania
Principal place of Business	Tanzania
Percentage of Ownership (%)	69.70%	76.50%
Percentage of NCI (%)	30.30%	23.50%
Tembo Nickel Refining Corporation Limited [Member]
Schedule of Financial Statements of Subsidiaries [Line Items]
Principal activities	Refining
Country of incorporation	Tanzania
Principal place of Business	Tanzania
Percentage of Ownership (%)	69.70%	76.50%
Percentage of NCI (%)	30.30%	23.50%

Significant Accounting Polici_5

Significant Accounting Policies (Details) - Schedule of Depreciation Straight-Line Basis Over	12 Months Ended
	Dec. 31, 2023
Office and computer equipment [Member]
Schedule of Depreciation Straight-Line Basis Over [Line Items]
Estimated economic lives assets	5 years
Laboratory and testing equipment [Member]
Schedule of Depreciation Straight-Line Basis Over [Line Items]
Estimated economic lives assets	2 years
Furniture [Member]
Schedule of Depreciation Straight-Line Basis Over [Line Items]
Estimated economic lives assets	5 years
Buildings [member]
Schedule of Depreciation Straight-Line Basis Over [Line Items]
Estimated economic lives assets	39 years
Vehicles/Transportation equipment [Member]
Schedule of Depreciation Straight-Line Basis Over [Line Items]
Estimated economic lives assets	5 years

Significant Accounting Polici_6

Significant Accounting Policies (Details) - Schedule of Other Intangible Assets are Amortized	12 Months Ended
	Dec. 31, 2023
Computer software [Member]
Schedule of Other Intangible Assets are Amortized [Line Items]
Estimated useful lives of other intangible assets	3 years
Patents [Member]
Schedule of Other Intangible Assets are Amortized [Line Items]
Estimated useful lives of other intangible assets	12 years

Key Sources of Estimation and_2

Key Sources of Estimation and Uncertainty (Details) - USD ($)			12 Months Ended
	Mar. 27, 2024	Mar. 21, 2024	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Key Sources of Estimation and Uncertainty (Details) [Line Items]
Cash and cash equivalents			$ 49,391,627	$ 20,535,210	$ 45,624,110	$ 3,106,189
Cash outflow			28,900,000	25,000,000
Net inflow			115,700,000	100,000
Cash outflows financing activities				100,000
Outflow from operating activities			26,900,000	17,000,000
Net outflow from investing activities			60,100,000	8,000,000
Convertible note		$ 50,000,000
Gross proceeds	$ 50,000,000
Convertible fundraising			$ 50,000,000
Non-adjusting event after reporting period [Member]
Key Sources of Estimation and Uncertainty (Details) [Line Items]
Convertible note		$ 50,000,000
Gross proceeds	$ 50,000,000

Segment Information (Details)

Segment Information (Details)	12 Months Ended
	Dec. 31, 2023
Segment Information [Abstract]
Reportable segment	two

Segment Information (Details) -

Segment Information (Details) - Schedule of Results - USD ($)	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Schedule of Results [Line Items]
Revenue from external customers	$ 1,477,826	$ 2,927,460	$ 2,092,575
Interest income	567,190	224,389	10,979
Gain (loss) on foreign exchange	179,640	(55,701)	(66,295)
General and administrative expenses	(366,078,202)	(28,559,519)	(20,055,303)
Gain on remeasurement of contingent consideration	156,047	235,505
Interest expense	(211,979)	(266,354)	(160,840)
Operating gain/(loss)	(364,663,392)	(25,494,220)	(18,178,884)
Segment assets	142,262,353	96,977,051	61,891,749
Segment liabilities	(13,948,826)	(20,990,246)	(8,027,846)
Intellectual Property [Member]
Schedule of Results [Line Items]
Revenue from external customers	12,308,791	12,472,124	2,092,575
Interest income	259,089	95,064	10,385
Gain (loss) on foreign exchange	(23,960)	(6,068)	7,592
General and administrative expenses	(9,202,225)	(5,136,544)	(11,260,080)
Gain on remeasurement of contingent consideration
Interest expense	(13,342)
Operating gain/(loss)	2,574,439	7,424,576	(9,149,528)
Segment assets	3,451,925	13,072,760	12,499,446
Segment liabilities	(2,514,159)	(8,693,200)	(839,647)
Metals Extraction [Member]
Schedule of Results [Line Items]
Revenue from external customers	2,337,403
Interest income	308,101	129,325	594
Gain (loss) on foreign exchange	203,600	(49,633)	(73,887)
General and administrative expenses	(370,044,345)	(32,967,639)	(8,795,223)
Gain on remeasurement of contingent consideration	156,047	235,505
Interest expense	(198,637)	(266,354)	(160,840)
Operating gain/(loss)	(367,237,831)	(32,918,796)	(9,029,356)
Segment assets	138,810,428	83,904,291	50,341,931
Segment liabilities	(11,434,667)	(12,297,046)	(7,363,199)
Inter-Segment eliminations [Member]
Schedule of Results [Line Items]
Revenue from external customers	(13,168,368)	(9,544,664)
Interest income
Gain (loss) on foreign exchange
General and administrative expenses	13,168,368	9,544,664
Gain on remeasurement of contingent consideration
Interest expense
Operating gain/(loss)
Segment assets			(949,628)
Segment liabilities			$ 175,000

Revenue (Details)

Revenue (Details) $ in Thousands	12 Months Ended
	Dec. 31, 2023 USD ($)
Kelltech Limited [Member]
Revenue [Line Items]
Interest rate	50%
KTSA [Member]
Revenue [Line Items]
Interest rate	33.33%
Non-Affiliated Company [Member]
Revenue [Line Items]
Revenue (in Dollars)	$ 663

Revenue (Details) - Schedule of

Revenue (Details) - Schedule of Revenue - USD ($)	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Schedule of Revenue [Line Items]
Total	$ 1,477,826	$ 2,927,460	$ 2,092,575
Kellplant Proprietary Ltd [Member]
Schedule of Revenue [Line Items]
Total	129,680	1,510,830	1,466,825
Kelltechnology SA Proprietary Ltd [Member]
Schedule of Revenue [Line Items]
Total	684,407	1,344,039	625,750
Consulting and management fee with affiliated companies [Member]
Schedule of Revenue [Line Items]
Total	814,087	2,854,869	2,092,575
Non-affiliated company revenue [Member]
Schedule of Revenue [Line Items]
Total	$ 663,739	$ 72,591

Interest Income (Details)

Interest Income (Details)	Dec. 31, 2023
Bottom of Range [Member]
Interest Income (Details) [Line Items]
Cash in bank deposits interest averaging	0.10%
Top of Range [Member]
Interest Income (Details) [Line Items]
Cash in bank deposits interest averaging	5.19%

Interest Income (Details) - Sch

Interest Income (Details) - Schedule of Interest Income - USD ($)	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Schedule of Interest Income [Abstract]
Interest on related party loan	$ 6,841	$ 6,821	$ 7,357
Other interest revenue	560,349	217,568	3,622
Consulting and management fee with affiliated companies	$ 567,190	$ 224,389	$ 10,979

Interest Expense (Details) - Sc

Interest Expense (Details) - Schedule of Interest Expense - USD ($)	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Schedule of Interest Expense [Abstract]
Interest accretion on contingent consideration	$ 159,904	$ 243,657	$ 160,840
Interest accretion on lease liability	52,075	20,745
Other interest expenses		1,952
Total	$ 211,979	$ 266,354	$ 160,840

Summary statement of employee_2

Summary statement of employee benefits (Details) - USD ($)	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Summary statement of employee benefits, depreciation and amortization for the years ended [abstract]
Salaries and employee benefits	$ 5,698,761	$ 4,403,080	$ 543,006
Key management compensation and benefits	4,289,187	5,054,035	4,395,096
Short term employee benefits	4,163,596	4,692,080	4,395,096
Post-employment and medical benefits	$ 125,591	$ 361,955

General and Administrative Ex_3

General and Administrative Expenses (Details) - General and administrative expenses [Member]	12 Months Ended
	Dec. 31, 2023 USD ($)	Dec. 31, 2022 USD ($)
General and Administrative Expenses [Line Items]
Costs incurred	$ 23,200,000
Costs accrued	13,500,000	$ 9,600,000
Equity issuance fees	5,700,000
Professional and legal fees	7,900,000	$ 9,600,000
Wages and employee benefits	$ 1,695,906
Number of employees	189	93
Share-based payment expenses	$ 265,558,785
SPAC transaction expenses	$ 76,857,484

General and Administrative Ex_4

General and Administrative Expenses (Details) - Schedule of General and Administrative Expenses - USD ($)	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Schedule of General and Administrative Expenses [Abstract]
Wages & employee benefits	$ 5,698,761	$ 4,403,080	$ 543,006
Professional fees	3,099,798	6,525,039	6,722,078
Drilling and site costs		150,173	225,838
Directors' fees	591,631	192,298	30,353
Legal expenses	5,121,915	10,278,807	1,234,066
Exploration expenses	59	1,314,483	216,990
Depreciation of property and equipment	524,959	129,596	25,527
Depreciation of right of use asset	353,851	117,436
Loss on disposal of property and equipment		271,789
Amortization of intangible assets	163,147	71,095	62,646
Provision for VAT receivable	4,617,911
Share-based expense - Lifezone Holdings shareholder earnout	248,464,035
Share-based expense - Sponsor earnout	17,094,750
SPAC transaction expenses	76,857,484
Share-based payment expense - share options			463,094
Share-based payment expense - restricted stock units			9,525,000
Gain (loss) on foreign exchange	$ (179,640)	$ 55,701	$ 66,295

Cash and Cash Equivalents (Deta

Cash and Cash Equivalents (Details) - Schedule of Cash and Cash Equivalents - USD ($)	Dec. 31, 2023	Dec. 31, 2022
Cash and Cash Equivalents (Details) - Schedule of Cash and Cash Equivalents [Line Items]
Cash and cash equivalents	$ 49,391,627	$ 20,535,210
Cash at banks and on hand	44,391,627	20,535,210
Short-term deposits	5,000,000
Cash and cash equivalents	49,391,627	20,535,210
USD - United States dollar [Member]
Cash and Cash Equivalents (Details) - Schedule of Cash and Cash Equivalents [Line Items]
Cash and cash equivalents	46,129,886	18,867,216
GBP - Sterling [Member]
Cash and Cash Equivalents (Details) - Schedule of Cash and Cash Equivalents [Line Items]
Cash and cash equivalents	792,017	432,044
EUR - EURO [Member]
Cash and Cash Equivalents (Details) - Schedule of Cash and Cash Equivalents [Line Items]
Cash and cash equivalents	148,519
AUD - Australian dollar [Member]
Cash and Cash Equivalents (Details) - Schedule of Cash and Cash Equivalents [Line Items]
Cash and cash equivalents	1,769,872	978,513
ZAR - South African Rand [Member]
Cash and Cash Equivalents (Details) - Schedule of Cash and Cash Equivalents [Line Items]
Cash and cash equivalents	50,587
TZS - Tanzania Shilling [Member]
Cash and Cash Equivalents (Details) - Schedule of Cash and Cash Equivalents [Line Items]
Cash and cash equivalents	$ 500,787	$ 257,437

Trade and Other Receivables (De

Trade and Other Receivables (Details)	12 Months Ended
	Dec. 31, 2023 USD ($)	Dec. 31, 2022 USD ($)	Dec. 31, 2023 TZS (Tsh)	Jul. 31, 2023 USD ($)	Jul. 31, 2023 TZS (Tsh)	Sep. 12, 2022 USD ($)
Trade and Other Receivables [Line Items]
VAT receivables	$ 513,334	$ 2,827,070
Current value added tax receivables	4,617,911
VAT refunds	2,543,783		Tsh 6,375,406,063
Net debt				$ 1,939,879	Tsh 4,861,636,353
Insurance amount	1,670,234	24,435
Insurance amount	835,117
Non-refundable deposit paid	51,596,838	72,309,059
Current prepaid expenses	842,989	843,342
Prepayments	1,768,923	$ 560,946
Tanzanian [Member]
Trade and Other Receivables [Line Items]
VAT receivables				$ 4,617,911
Lifezone Limited [Member]
Trade and Other Receivables [Line Items]
VAT receivables	5,131,245
Non-refundable deposit paid						$ 400,000
Prepayments	$ 534,704

Trade and Other Receivables (_2

Trade and Other Receivables (Details) - Schedule of Other Receivables - USD ($)	Dec. 31, 2023	Dec. 31, 2022
Schedule of Other Receivables [Abstract]
VAT / GST receivables	$ 513,334	$ 2,827,070
Other receivables	696,968	158,231
Receivables from affiliated entities	1,433,243	959,935
Prepayments	1,768,923	560,946
Related party receivables	75,000	655,683
Prepaid mining license	842,989	843,342
Total	$ 5,330,457	$ 6,005,207

Inventories (Details) - Schedul

Inventories (Details) - Schedule of Inventories - USD ($)	Dec. 31, 2023	Dec. 31, 2022
Schedule of Inventories [Abstract]
Fuel	$ 100,780	$ 49,736

Property and Equipment and Ri_3

Property and Equipment and Right-of-Use Assets (Details) - USD ($)	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022
Property and Equipment and Right-of-Use Assets [Abstract]
Office and computer equipment carrying value		$ 271,791
Property and equipment amounting	$ 271,791
Non-cash additions	$ 1,695,056

Property and Equipment and Ri_4

Property and Equipment and Right-of-Use Assets (Details) - Schedule of Property and Equipment and Right-of-Use Assets - USD ($)	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022
Accumulated depreciation
Net book value	$ 7,693,869	$ 1,236,629
Buildings [Member]
Accumulated depreciation
Net book value	618,428	640,496
Transportation equipment [Member]
Accumulated depreciation
Net book value	88,252	79,540
Office and computer equipment [Member]
Accumulated depreciation
Net book value	965,536	164,286
Laboratory and testing equipment [Member]
Accumulated depreciation
Net book value	4,328,141
Total Property and Equipment [Member]
Accumulated depreciation
Net book value	6,000,357	884,322
Right-of-use assets [Member]
Accumulated depreciation
Net book value	1,693,512	352,307
Cost [Member]
Cost
Cost beginning balance	1,509,188	1,026,372
Cost, Additions from acquisitions	5,389,745	754,607
Accumulated depreciation, Foreign exchange impact	18,082
Accumulated depreciation, Additions from acquisitions	1,928,222
Cost, Disposals for the period		(271,791)
Cost ending balance	8,845,238	1,509,188
Cost [Member] | Buildings [Member]
Cost
Cost beginning balance	677,277	932,623
Cost, Additions from acquisitions
Accumulated depreciation, Foreign exchange impact
Accumulated depreciation, Additions from acquisitions
Cost, Disposals for the period		(255,346)
Cost ending balance	677,277	677,277
Cost [Member] | Transportation equipment [Member]
Cost
Cost beginning balance	123,952	41,457
Cost, Additions from acquisitions		82,495
Accumulated depreciation, Foreign exchange impact
Accumulated depreciation, Additions from acquisitions	75,551
Cost, Disposals for the period
Cost ending balance	199,503	123,952
Cost [Member] | Office and computer equipment [Member]
Cost
Cost beginning balance	238,216	52,292
Cost, Additions from acquisitions	220,698	202,369
Accumulated depreciation, Foreign exchange impact	1,419
Accumulated depreciation, Additions from acquisitions	621,732
Cost, Disposals for the period		(16,445)
Cost ending balance	1,082,064	238,216
Cost [Member] | Laboratory and testing equipment [Member]
Cost
Cost beginning balance
Cost, Additions from acquisitions	4,704,783
Accumulated depreciation, Foreign exchange impact	16,664
Accumulated depreciation, Additions from acquisitions	148
Cost, Disposals for the period
Cost ending balance	4,721,595
Cost [Member] | Total Property and Equipment [Member]
Cost
Cost beginning balance	1,039,445	1,026,372
Cost, Additions from acquisitions	4,925,481	284,864
Accumulated depreciation, Foreign exchange impact	18,082
Accumulated depreciation, Additions from acquisitions	697,431
Cost, Disposals for the period		(271,791)
Cost ending balance	6,680,439	1,039,445
Cost [Member] | Right-of-use assets [Member]
Cost
Cost beginning balance	469,743
Cost, Additions from acquisitions	464,264	469,743
Accumulated depreciation, Foreign exchange impact
Accumulated depreciation, Additions from acquisitions	1,230,792
Cost, Disposals for the period
Cost ending balance	2,164,799	469,743
Accumulated depreciation [Member]
Cost
Accumulated depreciation, Foreign exchange impact	(300)
Accumulated depreciation
Accumulated depreciation beginning balance	(272,559)	(25,527)
Accumulated depreciation, Charge	(878,510)	(247,032)
Accumulated depreciation ending balance	(1,151,369)	(272,559)
Accumulated depreciation [Member] | Buildings [Member]
Cost
Accumulated depreciation, Foreign exchange impact
Accumulated depreciation
Accumulated depreciation beginning balance	(36,781)	(14,713)
Accumulated depreciation, Charge	(22,068)	(22,068)
Accumulated depreciation ending balance	(58,849)	(36,781)
Accumulated depreciation [Member] | Transportation equipment [Member]
Cost
Accumulated depreciation, Foreign exchange impact
Accumulated depreciation
Accumulated depreciation beginning balance	(44,412)	(7,773)
Accumulated depreciation, Charge	(66,839)	(36,639)
Accumulated depreciation ending balance	(111,251)	(44,412)
Accumulated depreciation [Member] | Office and computer equipment [Member]
Cost
Accumulated depreciation, Foreign exchange impact	(300)
Accumulated depreciation
Accumulated depreciation beginning balance	(73,930)	(3,041)
Accumulated depreciation, Charge	(42,298)	(70,889)
Accumulated depreciation ending balance	(116,528)	(73,930)
Accumulated depreciation [Member] | Laboratory and testing equipment [Member]
Cost
Accumulated depreciation, Foreign exchange impact
Accumulated depreciation
Accumulated depreciation beginning balance
Accumulated depreciation, Charge	(393,454)
Accumulated depreciation ending balance	(393,454)
Accumulated depreciation [Member] | Total Property and Equipment [Member]
Cost
Accumulated depreciation, Foreign exchange impact	(300)
Accumulated depreciation
Accumulated depreciation beginning balance	(155,123)	(25,527)
Accumulated depreciation, Charge	(524,659)	(129,596)
Accumulated depreciation ending balance	(680,082)	(155,123)
Accumulated depreciation [Member] | Right-of-use assets [Member]
Cost
Accumulated depreciation, Foreign exchange impact
Accumulated depreciation
Accumulated depreciation beginning balance	(117,436)
Accumulated depreciation, Charge	(353,851)	(117,436)
Accumulated depreciation ending balance	$ (471,287)	$ (117,436)

Goodwill (Details)

Goodwill (Details)	12 Months Ended
	Dec. 31, 2023
Goodwill (Details) [Line Items]
Revenue per annum	4%
Business revenue	4%
Growth rate	1.50%
Discount rate	9.40%
Sensitivity Analysis [Member]
Goodwill (Details) [Line Items]
Discount rate	9.40%
Growth rate	1.50%
Bottom of range [member]
Goodwill (Details) [Line Items]
Sensitivity analysis rate	(1.00%)
Top of range [member]
Goodwill (Details) [Line Items]
Sensitivity analysis rate	2%

Goodwill (Details) - Schedule o

Goodwill (Details) - Schedule of Goodwill	12 Months Ended
	Dec. 31, 2023 USD ($)
Cost [Member]
Cost
As at January 1, 2023
Acquired through business combination	9,020,813
As at December 31, 2023	9,020,813
Accumulated impairment [member]
Cost
As at January 1, 2023
As at December 31, 2023	$ 9,020,813

Goodwill (Details) - Schedule_2

Goodwill (Details) - Schedule of Goodwill is Allocated to the Operating Segments Expect to Benefit	Dec. 31, 2023 USD ($)
Goodwill allocated to cash generating unit
Intellectual Property	$ 9,020,813
Balance Ending	9,020,813
Goodwill allocated to cash generating unit [Member]
Goodwill allocated to cash generating unit
Intellectual Property	9,020,813
Balance Ending	$ 9,020,813

Schedule of Sensitivity Analysi

Schedule of Sensitivity Analysis (Details) - Schedule of Sensitivity Analysis	12 Months Ended
	Dec. 31, 2023 USD ($)
Discount rate [Member]
Schedule of Sensitivity Analysis (Details) - Schedule of Sensitivity Analysis [Line Items]
Percentage Of Discount Rate	7.40%
Percentage Of Discount Rate One	8.40%
Percentage Of Discount Rate Two	9.40%
Percentage Of Discount Rate Three	10.40%
Percentage Of Discount Rate Four	11.40%
Recoverable amount	$ 21.59
Recoverable amount One	18.91
Recoverable amount Two	16.77
Recoverable amount Three	15.03
Recoverable amount Four	13.56
Growth rate [Member]
Schedule of Sensitivity Analysis (Details) - Schedule of Sensitivity Analysis [Line Items]
Recoverable amount	15.73
Recoverable amount One	16.19
Recoverable amount Two	16.77
Recoverable amount Three	17.52
Recoverable amount Four	$ 18.53
Percentage of growth rate	(0.50%)
Percentage of growth rate one	0.50%
PercentageOfGrowthRateTwo	1.50%
Percentage of growth rate three	2.50%
percentage of growth rate four	3.50%

Patents and Other Intangibles_2

Patents and Other Intangibles (Details) - Schedule of Patents and Other Intangibles - USD ($)	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022
Cost
Carrying amount	$ 914,204	$ 694,963
Patents [Member]
Cost
Carrying amount	615,103	602,867
Software [Member]
Cost
Carrying amount	299,101	92,096
Cost [Member]
Cost
Balance of Beginning	991,509	806,868
Additions during the period	382,388	184,641
Balance of Ending	1,373,897	991,509
Cost [Member] | Patents [Member]
Cost
Balance of Beginning	899,413	806,868
Additions during the period	90,978	92,545
Balance of Ending	990,391	899,413
Cost [Member] | Software [Member]
Cost
Balance of Beginning	92,096
Additions during the period	291,410	92,096
Balance of Ending	383,506	92,096
Accumulated amortization [Member]
Cost
Balance of Beginning	(296,546)	(225,451)
Charge	(163,147)	(71,095)
Balance of Ending	(459,693)	(296,546)
Accumulated amortization [Member] | Patents [Member]
Cost
Balance of Beginning	(296,546)	(225,451)
Charge	(78,742)	(71,095)
Balance of Ending	(375,288)	(296,546)
Accumulated amortization [Member] | Software [Member]
Cost
Balance of Beginning
Charge	(84,405)
Balance of Ending	$ (84,405)

Exploration and Evaluation As_3

Exploration and Evaluation Assets and Mining Data (Details) - USD ($)	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022
Exploration and evaluation assets and mining data [Abstract]
Resettlement compensation payments	$ 2,189,928

Exploration and Evaluation As_4

Exploration and Evaluation Assets and Mining Data (Details) - Schedule of Exploration and Evaluation Assets and Mining Data - USD ($)	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022
Cost
Balance Beginning	$ 18,455,306	$ 12,746,135
Additions during the period	51,355,297	5,709,171
Balance Ending	69,810,603	18,455,306
Mining Data [Member]
Cost
Balance Beginning	12,746,135	12,746,135
Additions during the period
Balance Ending	12,746,135	12,746,135
Exploration and evaluation assets [Member]
Cost
Balance Beginning	5,709,171
Additions during the period	51,355,297	5,709,171
Balance Ending	$ 57,064,468	$ 5,709,171

Subscription Receivable (Detail

Subscription Receivable (Details) - USD ($) $ in Millions			1 Months Ended	12 Months Ended
	Apr. 01, 2023	Oct. 14, 2022	Feb. 15, 2023	Dec. 31, 2022
Subscription Receivable [Abstract]
Subscription agreement		$ 50
Subscription receivable			$ 50
Stock certificate				8.90%
Effective Rate	25%		17%

Subscription Receivable (Deta_2

Subscription Receivable (Details) - Schedule of Subscription Receivable - USD ($)	Dec. 31, 2023	Dec. 31, 2022
Schedule of Subscription Receivable [Abstract]
Subscription receivable		$ 50,000,000

Taxation (Details)

Taxation (Details) - USD ($)		1 Months Ended	12 Months Ended
	Apr. 01, 2023	Feb. 15, 2023	Dec. 31, 2023
Taxation (Details) [Line Items]
Effective tax rate			0%
Corporation tax rate	25%	17%
Profits rate corporation tax	19%
Profit exceed amount (in Dollars)	$ 50,000
Isle of Man [Member]
Taxation (Details) [Line Items]
Tax rate			0%
United Kingdom [Member]
Taxation (Details) [Line Items]
Tax rate			25%
Corporation tax rate	19%
Tanzania [Member]
Taxation (Details) [Line Items]
Tax rate			30%
Australia [Member]
Taxation (Details) [Line Items]
Tax rate			30%

Taxation (Details) - Schedule o

Taxation (Details) - Schedule of Taxation - USD ($)	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Schedule of Taxation [Abstract]
Loss for the year before tax	$ (364,663,392)	$ (25,494,220)	$ (18,178,884)
Tax using the Isle of Man corporation tax rate of 0%
Differences in overseas taxation rates	2,360,211	4,753,021
Movement in unrecognized deferred tax assets	$ (2,360,211)	$ (4,753,021)
Total

Taxation (Details) - Schedule_2

Taxation (Details) - Schedule of Taxation (Parentheticals)	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022
Schedule of Taxation [Abstract]
Tax using the Isle of Man corporation tax rate	0%	0%

Supplementary Cashflow Inform_2

Supplementary Cashflow Information (Details) - USD ($)			12 Months Ended
	Jul. 18, 2023	Jul. 05, 2023	Dec. 31, 2023	Jun. 18, 2023
Supplementary Cashflow Information [Abstract]
Total consideration				$ 14,530,000
Cash consideraion	$ 8,500,000
Non cash consideration	$ 6,030,000
Additions of right-of-use assets			$ 1,695,000
Fair value of warrant		$ 15,100,000
Share exchange reorganization amount		$ 2,934

Trade and Other Payables (Detai

Trade and Other Payables (Details) - USD ($)	Dec. 31, 2023	Dec. 31, 2022
Trade and Other Payables (Details) [Line Items]
Accrued expenses		$ 2,500,000
Go Green [Member]
Trade and Other Payables (Details) [Line Items]
Payables to related parties		$ 9,649,642

Trade and Other Payables (Det_2

Trade and Other Payables (Details) - Schedule of Trade and Other Payables - USD ($)	Dec. 31, 2023	Dec. 31, 2022
Schedule of Trade and Other Payables [Abstract]
Trade payables	$ 2,529,751	$ 645,677
Tax payable	852,479	595,412
Accrued expenses	4,953,234	15,360,522
Total	$ 8,335,464	$ 16,601,611

Lease Liabilities (Details) - S

Lease Liabilities (Details) - Schedule of Lease liability - USD ($)	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Schedule of Lease Liability [Abstract]
Balance begining	$ 395,880
Additions	1,677,918	$ 456,068
Interest accretion on lease liability	52,075	20,745
Payments	(338,171)	(80,933)
Balance ending	1,787,702	395,880
Current	602,557	105,304
Non-current	1,185,145	290,576
Total	$ 1,787,702	$ 395,880

Lease Liabilities (Details) -_2

Lease Liabilities (Details) - Schedule of Undiscounted Lease Payments - USD ($)	Dec. 31, 2023	Dec. 31, 2022
Lease Liabilities (Details) - Schedule of Undiscounted Lease Payments [Line Items]
Lease payments	$ 1,914,101	$ 434,363
Less than 1 year [Member]
Lease Liabilities (Details) - Schedule of Undiscounted Lease Payments [Line Items]
Lease payments	678,051	122,513
More than 1 year but less than 5 years [Member]
Lease Liabilities (Details) - Schedule of Undiscounted Lease Payments [Line Items]
Lease payments	$ 1,236,050	$ 311,850

Significant Related Party Tra_3

Significant Related Party Transactions (Details) - USD ($)	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2020	Dec. 31, 2018
Significant Related Party Transactions [Line Items]
Percentage of outstanding	63%
Percentage of shares outstanding	30.70%
Loan amount	$ 75,000		$ 375,000
Percentage of interest acquired	100%
Total outstanding amount	$ 75,000
Percentage of interest		8.90%		3%
Interest amounted	6,841	$ 10,137
Lifezone Metals Limited [Member]
Significant Related Party Transactions [Line Items]
Paid amount	55,000
Lifezone Limited [Member]
Significant Related Party Transactions [Line Items]
Paid amount	19,583	29,375
Kabanga Nickel Limited [Member]
Significant Related Party Transactions [Line Items]
Paid amount	$ 19,583	$ 29,375
Kelltech Limited [Member] | Convertible instruments [member]
Significant Related Party Transactions [Line Items]
Percentage of interest acquired	50%
KTSA [Member] | Convertible instruments [member]
Significant Related Party Transactions [Line Items]
Percentage of interest acquired	33.33%

Significant Related Party Tra_4

Significant Related Party Transactions (Details) - Schedule of Remuneration of key Management Personnel - USD ($)	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Schedule of Employment of and Existing Consulting Agreements [Line Items]
Short-term employee benefits			$ 644,550
Short-term employee bonuses			3,750,546
Post-employment pension and medical benefits	$ 125,591	$ 361,955
Total compensation paid	4,289,187	5,054,035	$ 4,395,096
Related Party [Member]
Schedule of Employment of and Existing Consulting Agreements [Line Items]
Short-term employee benefits	3,651,073	2,554,359
Short-term employee bonuses	512,524	2,137,721
Post-employment pension and medical benefits	125,591	361,955
Total compensation paid	$ 4,289,187	$ 5,054,035

Significant Related Party Tra_5

Significant Related Party Transactions (Details) - Schedule of Share Based Earnouts to Key Management Personnel - USD ($)	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Share-based expense - Lifezone Holdings shareholder earnout [Member]
Significant Related Party Transactions (Details) - Schedule of Share Based Earnouts to Key Management Personnel [Line Items]
Share-based payment expense	$ 110,611,407
Share-based payment expense - share options [Member]
Significant Related Party Transactions (Details) - Schedule of Share Based Earnouts to Key Management Personnel [Line Items]
Share-based payment expense			328,326
Share-based payment expense - restricted stock units [Member]
Significant Related Party Transactions (Details) - Schedule of Share Based Earnouts to Key Management Personnel [Line Items]
Share-based payment expense			$ 9,525,000

Significant Related Party Tra_6

Significant Related Party Transactions (Details) - Schedule of Employment of and Existing Consulting Agreements	12 Months Ended
	Dec. 31, 2023
Keith Liddell [Member]
Significant Related Party Transactions (Details) - Schedule of Employment of and Existing Consulting Agreements [Line Items]
Key management personnel, Officer position	Chairman
Chris Showalter [Member]
Significant Related Party Transactions (Details) - Schedule of Employment of and Existing Consulting Agreements [Line Items]
Key management personnel, Officer position	Chief Executive Officer
Ingo Hofmaier [Member]
Significant Related Party Transactions (Details) - Schedule of Employment of and Existing Consulting Agreements [Line Items]
Key management personnel, Officer position	Chief Financial Officer (joined June 29, 2023)
Dr Michael Adams [Member]
Significant Related Party Transactions (Details) - Schedule of Employment of and Existing Consulting Agreements [Line Items]
Key management personnel, Officer position	Chief Technology Officer
Gerick Mouton [Member]
Significant Related Party Transactions (Details) - Schedule of Employment of and Existing Consulting Agreements [Line Items]
Key management personnel, Officer position	Chief Operating Officer
Benedict Busunzu [Member]
Significant Related Party Transactions (Details) - Schedule of Employment of and Existing Consulting Agreements [Line Items]
Key management personnel, Officer position	Tembo Nickel Chief Executive Officer
Spencer Davis [Member]
Significant Related Party Transactions (Details) - Schedule of Employment of and Existing Consulting Agreements [Line Items]
Key management personnel, Officer position	Group General Counsel (joined March 1, 2023)
Natasha Liddell [Member]
Significant Related Party Transactions (Details) - Schedule of Employment of and Existing Consulting Agreements [Line Items]
Key management personnel, Officer position	Chief Sustainability Officer (resigned February 16, 2024)
Anthony von Christierson [Member]
Significant Related Party Transactions (Details) - Schedule of Employment of and Existing Consulting Agreements [Line Items]
Key management personnel, Officer position	Senior Vice President: Commercial and Business Development
Evan Young [Member]
Significant Related Party Transactions (Details) - Schedule of Employment of and Existing Consulting Agreements [Line Items]
Key management personnel, Officer position	Senior Vice President: Investor Relations and Capital Markets (joined October 10, 2023)

Significant Related Party Tra_7

Significant Related Party Transactions (Details) - Schedule of Related Parties - USD ($)	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Transactions with affiliated companies
Consulting and management fee revenue	$ 814,087	$ 2,854,869	$ 2,092,575
Kellplant Proprietary Ltd [Member]
Transactions with affiliated companies
Consulting and management fee revenue	129,680	1,510,830	1,466,825
Kelltechnology SA Proprietary Ltd [Member]
Transactions with affiliated companies
Consulting and management fee revenue	$ 684,407	$ 1,344,039	$ 625,750

Significant Related Party Tra_8

Significant Related Party Transactions (Details) - Schedule of Consultancy Fees and Bonuses - USD ($)		12 Months Ended
		Dec. 31, 2023	Dec. 31, 2022
Significant Related Party Transactions (Details) - Schedule of Consultancy Fees and Bonuses [Line Items]
Engagement Party, Consultancy fees and Bonuses		$ 2,843,873	$ 4,221,735
Transition Resources Limited [Member]
Significant Related Party Transactions (Details) - Schedule of Consultancy Fees and Bonuses [Line Items]
Related Person	[1]	Anthony von Christierson
Engagement with	[1]	Lifezone Limited
Engagement Party, Consultancy fees and Bonuses	[1]	$ 163,193	479,702
Commenced	[1]	March 21, 2022
Ended	[1]	July 31, 2023
Engagement with	[1]	Anthony von Christierson
Fugue Pte Limited [Member]
Significant Related Party Transactions (Details) - Schedule of Consultancy Fees and Bonuses [Line Items]
Related Person		Mike Adams
Engagement with		Lifezone Limited
Engagement Party, Consultancy fees and Bonuses			279,608
Commenced		April 15, 2022
Ended		June 30, 2022
Engagement with		Mike Adams
Airvolution Co. Limited [Member]
Significant Related Party Transactions (Details) - Schedule of Consultancy Fees and Bonuses [Line Items]
Related Person		Mike Adams
Engagement with		Lifezone Limited
Engagement Party, Consultancy fees and Bonuses		$ 625,935	810,810
Commenced		November 16, 2022
Ended
Engagement with		Mike Adams
LZ Advisory LLC [Member]
Significant Related Party Transactions (Details) - Schedule of Consultancy Fees and Bonuses [Line Items]
Related Person		Christopher Showalter
Engagement with		Lifezone Limited
Engagement Party, Consultancy fees and Bonuses		$ 957,682	951,720
Commenced		March 15, 2022
Ended
Engagement with		Christopher Showalter
Southern Prospecting (UK) Limited [Member]
Significant Related Party Transactions (Details) - Schedule of Consultancy Fees and Bonuses [Line Items]
Related Person		Chris von Christierson
Engagement with		Lifezone Limited
Engagement Party, Consultancy fees and Bonuses		$ 68,819	87,588
Commenced		April 3, 2019
Ended		August 31, 2023
Engagement with		Chris von Christierson
Keshel Consult Limited [Member]
Significant Related Party Transactions (Details) - Schedule of Consultancy Fees and Bonuses [Line Items]
Related Person		Keith Liddell
Engagement with		Lifezone Limited
Engagement Party, Consultancy fees and Bonuses		$ 391,735	1,135,157
Commenced		March 15, 2022
Ended		June 30, 2023
Engagement with		Keith Liddell
Keith Liddell [Member]
Significant Related Party Transactions (Details) - Schedule of Consultancy Fees and Bonuses [Line Items]
Related Person		Keith Liddell
Engagement with		Lifezone Limited
Engagement Party, Consultancy fees and Bonuses		$ 132,048
Commenced		July 7, 2023
Ended
Engagement with		Keith Liddell
Integrated Finance WA PTY Ltd [Member]
Significant Related Party Transactions (Details) - Schedule of Consultancy Fees and Bonuses [Line Items]
Related Person		Charles Liddell
Engagement with		Lifezone Limited
Engagement Party, Consultancy fees and Bonuses		$ 37,345	41,195
Commenced		March 23, 2022
Ended
Engagement with		Charles Liddell
Newvision Metals PTE. Limited [Member]
Significant Related Party Transactions (Details) - Schedule of Consultancy Fees and Bonuses [Line Items]
Related Person		Gerick Mouton
Engagement with		Lifezone Limited
Engagement Party, Consultancy fees and Bonuses		$ 425,000	435,956
Commenced		June 2, 2022
Ended
Engagement with		Gerick Mouton
EJMY Consulting [Member]
Significant Related Party Transactions (Details) - Schedule of Consultancy Fees and Bonuses [Line Items]
Related Person		Evan Young
Engagement with		Lifezone Limited
Engagement Party, Consultancy fees and Bonuses		$ 42,117
Commenced		October 10, 2023
Ended
Engagement with		Evan Young
Natasha Liddell [Member]
Significant Related Party Transactions (Details) - Schedule of Consultancy Fees and Bonuses [Line Items]
Related Person		Lifezone Asia-Pacific Pty Ltd
Engagement Party, Consultancy fees and Bonuses		$ 320,195	572,829
Engagement with		Lifezone Asia-Pacific Pty Ltd
Simon Liddell [Member]
Significant Related Party Transactions (Details) - Schedule of Consultancy Fees and Bonuses [Line Items]
Related Person		Lifezone Asia-Pacific Pty Ltd
Engagement Party, Consultancy fees and Bonuses		$ 284,047	502,259
Engagement with		Lifezone Asia-Pacific Pty Ltd
Anthony von Christierson [Member]
Significant Related Party Transactions (Details) - Schedule of Consultancy Fees and Bonuses [Line Items]
Related Person	[2]	LZ Services Limited
Engagement Party, Consultancy fees and Bonuses	[2]	$ 122,386
Engagement with	[2]	LZ Services Limited
Consultancy fees and Bonuses [Member]
Significant Related Party Transactions (Details) - Schedule of Consultancy Fees and Bonuses [Line Items]
Engagement Party, Consultancy fees and Bonuses		$ 726,628	$ 1,075,088
[1]Up to July 2023[2]Since August 2023

Significant Related Party Tra_9

Significant Related Party Transactions (Details) - Schedule of Receivables Due from Related Parties - USD ($)	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022
Balances with affiliated entities
Other receivables	$ 1,433,243	$ 959,935
Balances with management personnel
Related party receivables - Interest free	75,000	375,000
Related party receivables - Interest bearing		280,683
Total	75,000	655,683
Balances with management personnel
Related party payables	132,048
BHP Billiton (UK) DDS Limited [Member]
Balances with affiliated entities
Other receivables		211,099
Kelltechnology SA Proprietary Ltd [Member]
Balances with affiliated entities
Other receivables	1,433,243	748,836
Related Party [Member]
Balances with management personnel
Related party payables	$ 132,048

Contingent Consideration (Detai

Contingent Consideration (Details) - USD ($)			12 Months Ended
	Dec. 09, 2024	Dec. 15, 2022	Dec. 31, 2023	Jun. 18, 2023	Dec. 31, 2022	Apr. 30, 2021
Contingent Consideration [Line Items]
Total consideration				$ 14,530,000
First tranche payment		$ 2,000,000
Definitive feasibility study			$ 4,000,000
Discount percentage					8.85%
Contingent consideration			3,693,612		$ 3,689,755
Top of range [member]
Contingent Consideration [Line Items]
Total consideration			14,000,000
Bottom of range [member]
Contingent Consideration [Line Items]
Total consideration			8,000,000
Kabanga Holdings Limited [Member]
Contingent Consideration [Line Items]
Total consideration			6,000,000			$ 14,000,000
First Tranche [Member]
Contingent Consideration [Line Items]
Tranche amount			2,000,000
Second Tranche [Member]
Contingent Consideration [Line Items]
Tranche amount			$ 4,000,000
DFS [Member] | Forecast [Member]
Contingent Consideration [Line Items]
Definitive feasibility study	$ 4,000,000

Contingent Consideration (Det_2

Contingent Consideration (Details) - Schedule of Carrying Amount for the Reporting Periods - USD ($)	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022
Schedule of Carrying Amount for the Reporting Periods {Abstract]
Beginning Balance	$ 3,689,755	$ 5,681,603
Repayment		(2,000,000)
Remeasurement gain	(156,047)	(235,505)
Accretion of interest	159,904	243,657
Ending Balances	$ 3,693,612	$ 3,689,755

Long Term Rehabilitation Prov_3

Long Term Rehabilitation Provision (Details)	12 Months Ended
	Dec. 31, 2023 USD ($)
Long Term Rehabilitation Provision [Abstract]
Number of exploration pads	48
Number of historic drilling sites	20
Number of sites impacted by hydrogeological activities	28
Number of native trees planting	2,000
Estimated expenses for rehabilitate (in Dollars)	$ 5,000
Provision for rehabilitation (in Dollars)	$ 303,000

Long Term Rehabilitation Prov_4

Long Term Rehabilitation Provision (Details) - Schedule of Long Term Rehabilitation Provision - USD ($)	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022
Schedule of Long Term Rehabilitation Provision [Abstract]
Asset retirement obligation provision		$ 303,000

Equity (Details)

Equity (Details)									1 Months Ended	12 Months Ended
	Oct. 19, 2023 USD ($) shares	Sep. 29, 2023 shares	Jul. 18, 2023	Jul. 06, 2023 shares	Feb. 15, 2023 USD ($)	Dec. 31, 2022 USD ($) shares	Oct. 31, 2022 USD ($)	May 31, 2022 shares	Jan. 31, 2021	Dec. 31, 2023 USD ($) $ / shares shares	Dec. 31, 2023 USD ($) $ / shares shares	Dec. 31, 2023 USD ($) $ / shares shares	Dec. 31, 2023 USD ($) $ / shares shares	Dec. 31, 2023 USD ($) $ / shares shares	Dec. 31, 2023 USD ($) Shares $ / shares shares	Dec. 31, 2022 USD ($) shares	Dec. 31, 2021 USD ($) shares	Jul. 06, 2022	Jun. 24, 2022	Nov. 10, 2021 $ / shares shares
Equity [Line Items]
Percentage of equity interest										100%	100%	100%	100%	100%	100%
Shares outstanding (in Shares)										14,391,141	14,391,141	14,391,141	14,391,141	14,391,141	14,391,141
Exchange ratio				94:1						94:1
Non-dilutable free-carried interest			100%						16%
Investment in equity | $							$ 50,000,000
Stock issued | $					$ 50,000,000					$ 1,000	$ 1,000	$ 1,000	$ 1,000	$ 1,000	$ 1,000
Equity issuance cost | $					$ 2,500,000											$ 1,258	$ 10,999,630
Shares issued (in Shares)						58,300,082				78,269,952	78,269,952	78,269,952	78,269,952	78,269,952	78,269,952	58,300,082	58,300,082			150
Price per share (in Dollars per share) | $ / shares										$ 10	$ 10	$ 10	$ 10	$ 10	$ 10					$ 1
Fair value of restricted stock as expenses | $																	$ 9,525,000
Weighted remaining contractual life																7 years 251 days
Fair value of restricted stock. | $						$ 14,379,698										$ 14,379,698
Exchanged for restricted stock units (in Shares)								30,000
Shares purchased (in Shares)										7,996,154	7,996,154	7,996,154	7,996,154	7,996,154	7,996,154
Share options exercisable (in Shares)														18,054
Share vested (in Shares)																	11,916
Percentage of vested units																	66.70%
Share options recognized expense | $																	$ 463,094
Fair value of share options | $																$ 11,103,650	$ 463,094
Share options granted															26,797,052
Exercise prices (in Dollars per share) | $ / shares										$ 74.58	$ 74.58	$ 74.58	$ 74.58	$ 74.58	$ 74.58
Volume-weighted average price, description										(i) $14.00 per share for any 20-trading days within a 30- trading day period (“Trigger Event 1”) and (ii) $16.00 for any 20 trading days within a 30-trading day period (“Trigger Event 2”).
Shares issued and outstanding (in Shares)										1,725,000	1,725,000	1,725,000	1,725,000	1,725,000	1,725,000
Average price of earnout shares (in Dollars per share) | $ / shares										$ 9.91	$ 9.91	$ 9.91	$ 9.91	$ 9.91	$ 9.91
Warrants received (in Shares)		667,500												667,500
Price per warrant unit. (in Dollars per share) | $ / shares												0.57
Warrants received | $	$ 878,025										$ 878,025
Exercise of warrants (in Shares)	76,350
Public Warrants [Member]
Equity [Line Items]
Price per warrant unit. (in Dollars per share) | $ / shares												1.05
Bottom of Range [Member]
Equity [Line Items]
Non-dilutable free-carried interest						8.90%
Exercise prices (in Dollars per share) | $ / shares										58.16	$ 58.16	58.16	58.16	$ 58.16	58.16
Top of Range [Member]
Equity [Line Items]
Non-dilutable free-carried interest					17%
Exercise prices (in Dollars per share) | $ / shares										$ 101.78	$ 101.78	$ 101.78	$ 101.78	$ 101.78	$ 101.78
Lifezone Limited [Member]
Equity [Line Items]
Shares outstanding (in Shares)										620,290	620,290	620,290	620,290	620,290	620,290
Exchange ratio										94:1
Shares issued (in Shares)										500,000	500,000	500,000	500,000	500,000	500,000
Shares purchased (in Shares)				1,560,396						2,819,653	2,819,653	2,819,653	2,819,653	2,819,653	2,819,653
Restricted share units [member]
Equity [Line Items]
Shares outstanding (in Shares)										18,054	18,054	18,054	18,054	18,054	18,054
Weighted remaining contractual life																9 years	10 years
Restricted stock units (in Shares)						150										150
TNCL [Member]
Equity [Line Items]
Non-dilutable free-carried interest									16%
Lifezone Limited [Member]
Equity [Line Items]
Percentage of equity interest																			100%
Lifezone Holdings Limited [Member]
Equity [Line Items]
Percentage of equity interest																		100%
Warrant reserve [member]
Equity [Line Items]
Equity issuance cost | $
Exercise prices (in Dollars per share) | $ / shares										$ 11.5	$ 11.5	$ 11.5	$ 11.5	$ 11.5	$ 11.5
Warrants received | $											$ 14,409,832

Equity (Details) - Schedule of

Equity (Details) - Schedule of Equity Interest - USD ($)	Dec. 31, 2023	Dec. 31, 2022
Lifezone Holdings Limited [Member]
Lifezone Holding Limited
Number of ordinary shares in issue		58,300,082
Nominal average value per ordinary per share		$ 0.0001
Nominal value of ordinary total shares		$ 3,101
Lifezone Metals Limited [Member]
Lifezone Holding Limited
Number of ordinary shares in issue	78,269,952
Nominal average value per ordinary per share	$ 0.0001
Nominal value of ordinary total shares	$ 7,828

Equity (Details) - Schedule o_2

Equity (Details) - Schedule of Reconciliation of Shareholders' Equity Movement - USD ($)	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022
Schedule of Reconciliation of Shareholders' Equity Movement [Line Items]
Number of Shares, Share capital, beginning (in Shares)	58,300,082	58,300,082
Number of Shares amount, Share capital, beginning	$ 3,101	$ 1,843
Number of Shares, Total Lifezone Holdings Limited shares prior to share exchange (in Shares)	62,680,131	58,300,082
Number of Shares amount, Total Lifezone Holdings Limited shares prior to share exchange	$ 3,334	$ 1,843
Number of Shares, Total Lifezone Holdings shares exchanged for Lifezone Metals shares (in Shares)	(62,680,131)
Number of Shares amount, Total Lifezone Holdings shares exchanged for Lifezone Metals shares	$ (3,334)
Number of Shares, Exchanged for Issue of Lifezone Metal Limited shares (in Shares)	62,680,131
Number of Shares amount, Exchanged for Issue of Lifezone Metal Limited shares	$ 6,268
Number of Shares, Previous GoGreen Sponsor shareholders (in Shares)	6,468,600
Number of Shares amount, Previous GoGreen Sponsor shareholders	$ 647
Number of Shares, Previous GoGreen public shareholders (in Shares)	1,527,554
Number of Shares amount, Previous GoGreen public shareholders	$ 153
Number of Shares, PIPE Investors (in Shares)	7,017,317
Number of Shares amount, PIPE Investors	$ 702
Number of Shares, Simulus Vendors (in Shares)	500,000
Number of Shares amount, Simulus Vendors	$ 50
Number of Shares, Issue of Lifezone Metal Limited shares (in Shares)	78,193,602
Number of Shares amount, Issue of Lifezone Metal Limited shares	$ 7,820
Number of Shares, Issue of shares from warrants exercised (in Shares)	76,350
Number of Shares amount, Issue of shares from warrants exercised	$ 8
Number of Shares, Swap of Lifezone and KNL shares (in Shares)		(58,300,082)
Number of Shares amount, Swap of Lifezone and KNL shares		$ (1,843)
Number of Shares, Issue of Lifezone Holdings Limited shares (in Shares)		58,300,082
Number of Shares amount, Issue of Lifezone Holdings Limited shares		$ 3,101
Number of Shares, Share exchange transaction (in Shares)
Number of Shares amount, Share exchange transaction		$ 1,258
Number of Shares, Total transactions with shareholders (in Shares)	78,269,952
Number of Shares amount, Total transactions with shareholders	$ 7,828	$ 1,258
Number of Shares, Share capital, ending (in Shares)	78,269,952	58,300,082
Number of Shares amount, Share capital, ending	$ 7,828	$ 3,101
Number of Shares amount, Share premium	184,610,307	25,676,656
Number of Shares amount, Equity issuance fees	(5,923,979)	(240,000)
Number of Shares amount, Total share premium	178,686,328	25,436,656
Number of Shares amount, Lifezone Holdings restricted stock units		14,379,698
Number of Shares amount, Lifezone Holdings share options		11,103,650
Number of Shares amount, Previous Lifezone Holdings shareholders earnouts	248,464,035
Number of Shares amount, Previous Sponsor earnouts	17,094,750
Number of Shares amount, Total shared base payment reserve	265,558,785	25,483,348
Number of Shares amount, Warrant reserves	15,017,257
Number of Shares amount, Other reserves	(6,814,302)	(15,495,254)
Number of Shares amount, Translations reserve	77,933	115,864
Number of Shares amount, Redemption reserve	280,808	280,808
Number of Shares amount, Accumulated deficit	(408,165,162)	(44,290,602)
Number of Shares amount, Total Shareholders' equity (deficit)	$ 44,649,475	$ (8,466,079)
Number of Shares, Lifezone Holdings restricted stock units exercised (in Shares)	2,819,653
Number of Shares amount, Lifezone Holdings restricted stock units exercised	$ 150
Number of Shares, Lifezone Holdings share options, net settled exercised (in Shares)	1,560,396
Number of Shares amount, Lifezone Holdings share options, net settled exercised	$ 83
Number of Shares, Total transactions with shareholders (in Shares)	4,380,049
Number of Shares amount, Total transactions with shareholders	$ 233
Movements [Member]
Schedule of Reconciliation of Shareholders' Equity Movement [Line Items]
Number of Shares amount, Share capital, beginning
Number of Shares amount, Total Lifezone Holdings shares exchanged for Lifezone Metals shares	(3,334)
Number of Shares amount, Exchanged for Issue of Lifezone Metal Limited shares	6,268
Number of Shares amount, Previous GoGreen Sponsor shareholders	647
Number of Shares amount, Previous GoGreen public shareholders	153
Number of Shares amount, PIPE Investors	702
Number of Shares amount, Simulus Vendors	50
Number of Shares amount, Issue of Lifezone Metal Limited shares	7,820
Number of Shares amount, Issue of shares from warrants exercised	8
Number of Shares amount, Swap of Lifezone and KNL shares
Number of Shares amount, Issue of Lifezone Holdings Limited shares
Number of Shares amount, Share exchange transaction
Number of Shares amount, Total transactions with shareholders	7,828
Number of Shares amount, Share capital, ending	4,727
Number of Shares amount, Share premium	158,933,651
Number of Shares amount, Equity issuance fees	(5,683,979)
Number of Shares amount, Total share premium	153,249,672
Number of Shares amount, Lifezone Holdings restricted stock units	(14,379,698)
Number of Shares amount, Lifezone Holdings share options	(11,103,650)
Number of Shares amount, Previous Lifezone Holdings shareholders earnouts	248,464,035
Number of Shares amount, Previous Sponsor earnouts	17,094,750
Number of Shares amount, Total shared base payment reserve	240,075,437
Number of Shares amount, Warrant reserves	15,017,257
Number of Shares amount, Other reserves	8,680,952
Number of Shares amount, Translations reserve	(37,931)
Number of Shares amount, Redemption reserve
Number of Shares amount, Accumulated deficit	(363,874,560)
Number of Shares amount, Total Shareholders' equity (deficit)	53,115,554
Number of Shares amount, Lifezone Holdings restricted stock units exercised	150
Number of Shares amount, Lifezone Holdings share options, net settled exercised	83
Number of Shares amount, Total transactions with shareholders	$ 233

Equity (Details) - Schedule o_3

Equity (Details) - Schedule of Fair Value of Restricted Stock Units - USD ($)		12 Months Ended
		Dec. 31, 2023		Dec. 31, 2022
Schedule of Fair Value of Restricted Stock Units [Abstract]
Beginning balance, Restricted stock units		30,000		150
Beginning balance, Fair value		$ 14,379,698		$ 9,525,000
Granted, Restricted stock units
Granted, Fair value
Released, Restricted stock units	[1]			(150)
Released, Fair value	[1]
Exchanged, Restricted stock units		(30,000)	[2]	30,000	[1]
Exchanged, Fair value		$ (14,379,698)	[2]		[1]
Fair value adjustment, Restricted stock units
Fair value adjustment, Fair value				$ 4,854,698
Ending balance, Restricted stock units				30,000
Ending balance, Fair value				$ 14,379,698
[1]As part of the Flip -Up

Equity (Details) - Schedule o_4

Equity (Details) - Schedule of Weighted Average Exercise Price of Share Options - Share Options [Member] - $ / shares	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022
Equity (Details) - Schedule of Weighted Average Exercise Price of Share Options [Line Items]
Beginning balance, Units	18,054
Beginning balance, Weighted price	$ 74.58
Granted, Units		18,054
Granted, Weighted price		$ 74.58
Lapsed, Units
Lapsed, Weighted price
Exercised, Units
Exercised, Weighted price
Ending balance, Units		18,054
Ending balance, Weighted price		$ 74.58
Exchanged, Units	(18,054)
Exchanged, Weighted price	$ (74.58)

Equity (Details) - Schedule o_5

Equity (Details) - Schedule of Monte Carlo Model	12 Months Ended
	Dec. 31, 2023 $ / shares
Schedule Of Monte Carlo Model Abstract
Stock Price as of Measurement Date/BCA Date (in Dollars per share)	$ 10.32
Equity Volatility (Pre BCA)
Equity Volatility (Post BCA)	94%
Risk-Free Rate (5.00 Years)	4.28%

Equity (Details) - Schedule o_6

Equity (Details) - Schedule of Monte Carlo Model (Parentheticals)	12 Months Ended
	Dec. 31, 2023
Schedule Of Monte Carlo Model Abstract
Risk-Free Rate	5 years

Equity (Details) - Schedule o_7

Equity (Details) - Schedule of Share Price Earnout Tranches	12 Months Ended
	Dec. 31, 2023 $ / shares
Equity (Details) - Schedule of Share Price Earnout Tranches [Line Items]
Change of Control Provisions, Share Price Hurdle	n/a
Change of Control Date, Share Price Hurdle	n/a
Probability of Change of Control, Share Price Hurdle	0%
Tranche 1 [Member]
Equity (Details) - Schedule of Share Price Earnout Tranches [Line Items]
Sale Threshold Price for Tranche 2 - Triggering Event II, Beginning	July 6, 2023
Sale Threshold Price for Tranche 2 - Triggering Event II, Expiration	July 6, 2028
Sale Threshold Price for Tranche 2 - Triggering Event II, Share Price Hurdle	$ 14
Tranche 2 [Member]
Equity (Details) - Schedule of Share Price Earnout Tranches [Line Items]
Sale Threshold Price for Tranche 2 - Triggering Event II, Beginning	July 6, 2023
Sale Threshold Price for Tranche 2 - Triggering Event II, Expiration	July 6, 2028
Sale Threshold Price for Tranche 2 - Triggering Event II, Share Price Hurdle	$ 16
Threshold Price [Member]
Equity (Details) - Schedule of Share Price Earnout Tranches [Line Items]
Days Above, Share Price Hurdle	20 years
Measurement Period [Member]
Equity (Details) - Schedule of Share Price Earnout Tranches [Line Items]
Days Above, Share Price Hurdle	30 years

Equity (Details) - Schedule o_8

Equity (Details) - Schedule of Fair Value of Earnouts Granted	12 Months Ended
	Dec. 31, 2023 USD ($) $ / shares shares
Schedule of Fair Value of Earnouts Granted [Line Items]
Balance as at January 1, 2023, Share Earnout | shares
Balance as at January 1, 2023, Fair value | $
Outstanding as at December 31, 2023, Share Earnout | shares	1,725,000
Outstanding as at December 31, 2023, Fair value | $	$ 17,094,750
Lifezone Holdings [Member]
Schedule of Fair Value of Earnouts Granted [Line Items]
Granted - Lifezone Holdings, Share Earnout | shares	12,536,026
Granted - Lifezone Holdings, Fair value per Earnout | $ / shares	$ 9.98
Granted - Lifezone Holdings, Fair value | $	$ 125,109,539
Lifezone Holdings [Member]
Schedule of Fair Value of Earnouts Granted [Line Items]
Granted - Lifezone Holdings, Share Earnout | shares	12,536,026
Granted - Lifezone Holdings, Fair value per Earnout | $ / shares	$ 9.84
Granted - Lifezone Holdings, Fair value | $	$ 123,354,496
Other related parties [member]
Schedule of Fair Value of Earnouts Granted [Line Items]
Outstanding as at December 31, 2023, Share Earnout | shares	25,072,052
Outstanding as at December 31, 2023, Fair value | $	$ 248,464,035
Sponsor Shareholders [Member]
Schedule of Fair Value of Earnouts Granted [Line Items]
Granted - Sponsor shareholder, Share Earnout | shares	862,500
Granted - Sponsor shareholder, Fair value per Earnout | $ / shares	$ 9.98
Granted - Sponsor shareholder, Fair value | $	$ 8,607,750
Sponsor Shareholders [Member]
Schedule of Fair Value of Earnouts Granted [Line Items]
Granted - Sponsor shareholder, Share Earnout | shares	862,500
Granted - Sponsor shareholder, Fair value per Earnout | $ / shares	$ 9.84
Granted - Sponsor shareholder, Fair value | $	$ 8,487,000

Equity (Details) - Schedule o_9

Equity (Details) - Schedule of Fair Value of Earnouts Granted (Parentheticals)	12 Months Ended
	Dec. 31, 2023 $ / shares
Lifezone Holdings [Member]
Schedule of Fair Value of Earnouts Granted [Line Items]
Granted - Lifezone Holdings ( per Share), Fair value per Earnout	$ 14
Lifezone Holdings [Member]
Schedule of Fair Value of Earnouts Granted [Line Items]
Granted - Lifezone Holdings ( per Share), Fair value per Earnout	16
Sponsor Shareholders [Member]
Schedule of Fair Value of Earnouts Granted [Line Items]
Granted - Sponsor shareholder ( per Share), Fair value per Earnout	14
Sponsor Shareholders [Member]
Schedule of Fair Value of Earnouts Granted [Line Items]
Granted - Sponsor shareholder ( per Share), Fair value per Earnout	$ 16

Equity (Details) - Schedule _10

Equity (Details) - Schedule of Classification of Warrants at the Time of Inception	12 Months Ended
	Dec. 31, 2023 $ / shares
Schedule of Classification of Warrants at the Time of Inception [Abstract]
Stock Price as of Measurement Date	$ 11.44
Strike Price	$ 11.5
Risk-Free Rate (5.00 Years)	4.16%
Redemption Threshold Price	$ 18
Days Above Threshold Price (Automatic Redemption)	20 years
Days Above Measurement Period	30 years
Probability of Acquisition	100%

Equity (Details) - Schedule _11

Equity (Details) - Schedule of Classification of Warrants at the Time of Inception (Parentheticals)	12 Months Ended
	Dec. 31, 2023
Schedule of Classification of Warrants at the Time of Inception [Abstract]
Risk-Free Rate	5 years

Equity (Details) - Schedule _12

Equity (Details) - Schedule of Fair Value of Outstanding Warrants	12 Months Ended
	Dec. 31, 2023 USD ($) shares
Public Warrants [Member] | Warrants [Member]
Schedule of Fair Value of Outstanding Warrants [Line Items]
Beginning balance, Warrants | shares
Public Warrants, Warrants | shares	13,800,000
Exercised, Warrants | shares	(76,350)
Ending balance, Warrants | shares	13,723,650
Public Warrants [Member] | Fair Value [Member]
Schedule of Fair Value of Outstanding Warrants [Line Items]
Beginning balance, Fair value | $
Public Warrants, Fair value | $	14,490,000
Exercised, Fair value | $	(80,168)
Ending balance, Fair value | $	$ 14,409,833
Private Warrants [Member] | Warrants [Member]
Schedule of Fair Value of Outstanding Warrants [Line Items]
Beginning balance, Warrants | shares
Public Warrants, Warrants | shares	667,500
Ending balance, Warrants | shares	667,500
Private Warrants [Member] | Fair Value [Member]
Schedule of Fair Value of Outstanding Warrants [Line Items]
Beginning balance, Fair value | $
Public Warrants, Fair value | $	607,425
Ending balance, Fair value | $	$ 607,425

Equity (Details) - Schedule _13

Equity (Details) - Schedule of Fair Value of Outstanding Warrants (Parentheticals) - Warrants [Member]	12 Months Ended
	Dec. 31, 2023 $ / shares
Public Warrants [Member]
Schedule of Fair Value of Outstanding Warrants [Line Items]
Warrants per share	$ 11.5
Private Warrants [Member]
Schedule of Fair Value of Outstanding Warrants [Line Items]
Warrants per share	$ 11.5

LPS (Details)

LPS (Details) - shares	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
LPS [Abstract]
Potentially dilutive shares	20,082,790	4,380,049	946,088

LPS (Details) - Schedule of Bas

LPS (Details) - Schedule of Basic and Diluted Loss Per Common Share - USD ($)	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Numerator:
Net loss used for basic earnings per share (in Dollars)	$ (363,874,560)	$ (23,583,342)	$ (18,002,646)
Denominator:
Basic weighted-average outstanding common shares	65,891,620	58,300,082	57,073,267
Effect of dilutive potential common shares resulting from options	1,444,589	2,819,653	14,098
Effect of dilutive potential restricted stock units	799,436	1,560,396	931,989
Effect of dilutive potential warrants units	7,057,578
Effect of dilutive potential earnout units	10,781,188
Weighted-average shares outstanding - diluted	85,974,411	62,680,131	58,019,354
Net loss per common share:
Basic and diluted loss per share (in Dollars per share)	$ (5.34)	$ (0.4)	$ (0.32)

Interests in Other Entities (De

Interests in Other Entities (Details) - USD ($)				1 Months Ended	12 Months Ended
	Jul. 18, 2023	Mar. 27, 2023	Jan. 13, 2022	Jan. 31, 2021	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Interests in Other Entities (Details) [Line Items]
Purchase consideration	$ 14,530,000
Deposit paid		$ 1,000,000
Cash consideration					$ 7,500,000
Shares in other entities (in Shares)					500,000
Fair value per share (in Dollars per share)					$ 12.06
Ownership percentage	100%			16%
Acquired entity amount					$ 427,000
Revenue					1,477,826	$ 2,927,460	$ 2,092,575
Net loss incurred amount					1,400,000
Agreement amount			$ 7,591
Simulus Group [Member]
Interests in Other Entities (Details) [Line Items]
Revenue					663,700
Simulus Acquisition [Member]
Interests in Other Entities (Details) [Line Items]
Cash consideration paid					8,070,000
Cash					$ 8,500,000

Interests in Other Entities (_2

Interests in Other Entities (Details) - Schedule of Financial Statements - Simulus Acquisition [Member] $ in Thousands	12 Months Ended
	Dec. 31, 2023 USD ($)
Schedule of Financial Statements [Line Items]
Cash	$ 427
Trade debtors	260
Prepayments	406
Property, plant and equipment (revalued)	4,926
Total assets acquired	6,019
Liabilities assumed
Trade creditors	(474)
Total liabilities assumed	(474)
Working capital adjustment	(35)
Total identifiable net assets at fair value	5,510
Consideration
Cash deposit (paid March 27, 2023)	1,000
Cash on completion (paid July 18, 2023)	7,500
Issue of shares in Lifezone Metals Limited	6,030
Total consideration	14,530
Goodwill arising on acquisition	$ 9,020

Joint ventures (Details)

Joint ventures (Details) - USD ($)	12 Months Ended
	Dec. 31, 2023	Feb. 15, 2023
Joint ventures [Line Items]
Ownership Interest percentage	33.33%
Recognized share percentage	50%
Limited share capital (in Dollars)	$ 1,000	$ 50,000,000
Kelltech Limited [Member]
Joint ventures [Line Items]
Ownership Interest percentage	50%
KTSA [Member]
Joint ventures [Line Items]
Ownership Interest percentage	66.67%
Lifezone Limited [Member]
Joint ventures [Line Items]
Ownership Interest percentage	33.33%
Kellplant [Member]
Joint ventures [Line Items]
Ownership Interest percentage	33.33%

Joint ventures (Details) - Sche

Joint ventures (Details) - Schedule of Lifezone’s Joint Ventures	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022
Kelltech Limited [Member]
Schedule of Lifezone’s Joint Ventures [Line Items]
Country of incorporation	Mauritius
Principal place of Business	Mauritius
Percentage of Ownership (%)	50%	50%
Kelltechnology South Africa (RF) Proprietary Ltd [Member]
Schedule of Lifezone’s Joint Ventures [Line Items]
Country of incorporation	South Africa
Principal place of Business	South Africa
Percentage of Ownership (%)	33%	33%
Kellplant Proprietary Ltd [Member]
Schedule of Lifezone’s Joint Ventures [Line Items]
Country of incorporation	South Africa
Principal place of Business	South Africa
Percentage of Ownership (%)	33%	33%

Financial Risk Review (Details)

Financial Risk Review (Details)	Dec. 31, 2023 USD ($)
Financial Risk Review [Line Items]
Loan credit	$ 75,000
Lisa Smith [Member]
Financial Risk Review [Line Items]
Loan credit	75,000
Lifezone Limited [Member]
Financial Risk Review [Line Items]
Loan credit	$ 75,000

Financial Risk Review (Detail_2

Financial Risk Review (Details) - Schedule of Carrying Amount of Financial Assets Represents the Maximum Credit Exposure - Carrying Amount of Financial Assets [Member] - USD ($)	Dec. 31, 2023	Dec. 31, 2022
Financial Risk Review (Details) - Schedule of Carrying Amount of Financial Assets Represents the Maximum Credit Exposure [Line Items]
Cash and cash equivalents	$ 49,391,627	$ 20,535,210
Subscription receivable		50,000,000
Other receivables	696,968	158,231
Receivables from affiliated entities	1,433,243	959,935
Related party receivables	75,000	655,683
Total	$ 51,596,838	$ 72,309,059

Financial Risk Review (Detail_3

Financial Risk Review (Details) - Schedule of Credit Risk Exposure - USD ($)	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Schedule of Credit Risk Exposure [Line Items]
Cash and cash equivalent	$ 49,391,627	$ 20,535,210	$ 45,624,110	$ 3,106,189
Subscription receivable		50,000,000
Other receivables	696,968	158,231
Receivable from affiliated entities	1,433,243	959,935
Related party receivables	75,000	655,683
Total	51,596,838	72,309,059
Current [member]
Schedule of Credit Risk Exposure [Line Items]
Cash and cash equivalent	49,391,627	20,535,210
Subscription receivable		50,000,000
Other receivables	98,836	79,648
Receivable from affiliated entities	1,433,243	748,836
Related party receivables	75,000	655,683
Total	50,998,706	72,019,377
Days past due 31 – 60 [Member]
Schedule of Credit Risk Exposure [Line Items]
Cash and cash equivalent
Subscription receivable
Other receivables	598,132	66,861
Receivable from affiliated entities
Related party receivables
Total	598,132	66,861
Days past due 61 – 90 [Member]
Schedule of Credit Risk Exposure [Line Items]
Cash and cash equivalent
Subscription receivable
Other receivables
Receivable from affiliated entities
Related party receivables
Total
Days past due 91 – 120 [Member]
Schedule of Credit Risk Exposure [Line Items]
Cash and cash equivalent
Subscription receivable
Other receivables		11,722
Receivable from affiliated entities
Related party receivables
Total		11,722
Days past due >120 [Member]
Schedule of Credit Risk Exposure [Line Items]
Cash and cash equivalent
Subscription receivable
Other receivables
Receivable from affiliated entities		211,099
Related party receivables
Total		211,099
Impairment [Member]
Schedule of Credit Risk Exposure [Line Items]
Cash and cash equivalent
Subscription receivable
Other receivables
Receivable from affiliated entities
Related party receivables
Total

Financial Risk Review (Detail_4

Financial Risk Review (Details) - Schedule of Liquidity Risk - USD ($)	Dec. 31, 2023	Dec. 31, 2022
Schedule of Liquidity Risk [Line Items]
Total	$ 13,529,128	$ 20,743,564
Schedule of Liquidity Risk [Line Items]
Total	7,667,147	16,029,218
30-60 days [Member]
Schedule of Liquidity Risk [Line Items]
Total	104,240
61 – 90 days [Member]
Schedule of Liquidity Risk [Line Items]
Total	156,360	23,018
91-120 days [Member]
Schedule of Liquidity Risk [Line Items]
Total	208,480
>=121 days [Member]
Schedule of Liquidity Risk [Line Items]
Total	$ 5,392,901	$ 4,691,328

Financial Risk Review (Detail_5

Financial Risk Review (Details) - Schedule of Financial Instruments - Foreign Currency Risk [Member]	Dec. 31, 2023 TZS (Tsh)	Dec. 31, 2023 GBP (£)	Dec. 31, 2023 AUD ($)	Dec. 31, 2023 EUR (€)	Dec. 31, 2023 ZAR (R)	Dec. 31, 2022 TZS (Tsh)	Dec. 31, 2022 GBP (£)	Dec. 31, 2022 AUD ($)	Dec. 31, 2022 EUR (€)	Dec. 31, 2022 ZAR (R)
Financial Risk Review (Details) - Schedule of Financial Instruments [Line Items]
Cash in banks (in Pounds)	Tsh 1,259,494,294	£ 620,208	$ 2,587,533	€ 133,685	R 937,684	Tsh 600,859,075	£ 359,021	$ 1,456,988
Prepaid expenses (in Pounds)		134,828	238,181
Trade and other payables (in Pounds)		489,117	743,959				77,301	919,785
Cash in banks	1,259,494,294	620,208	2,587,533	133,685	937,684	600,859,075	359,021	1,456,988
Trade receivables			112,069
Prepaid expenses		134,828	238,181
Trade and other payables		489,117	743,959				77,301	919,785
Cash in banks (in Euro)	1,259,494,294	620,208	2,587,533	133,685	937,684	600,859,075	359,021	1,456,988
Cash in banks (in Shillings)	1,259,494,294	620,208	2,587,533	133,685	937,684	600,859,075	359,021	1,456,988
Cash in banks (in Rand)	Tsh 1,259,494,294	£ 620,208	$ 2,587,533	€ 133,685	R 937,684	Tsh 600,859,075	£ 359,021	$ 1,456,988

Financial Risk Review (Detail_6

Financial Risk Review (Details) - Schedule of Demonstrates the Estimated Sensitivity - USD ($)	Dec. 31, 2023	Dec. 31, 2022
10% [Member] | Change in GBP Rate [Member]
Schedule of Demonstrates the Estimated Sensitivity [Line Items]
Effect on Profit	$ 79,202	$ 43,204
10% [Member] | Change in AUD Rate [Member]
Schedule of Demonstrates the Estimated Sensitivity [Line Items]
Effect on Profit	(176,987)	(97,851)
10% [Member] | Change in EUR Rate [Member]
Schedule of Demonstrates the Estimated Sensitivity [Line Items]
Effect on Profit	14,848
10% [Member] | Change in TZS Rate [Member]
Schedule of Demonstrates the Estimated Sensitivity [Line Items]
Effect on Profit	(50,079)	(25,744)
10% [Member] | Change in ZAR Rate [Member]
Schedule of Demonstrates the Estimated Sensitivity [Line Items]
Effect on Profit	(5,058)
-10% [Member]
Schedule of Demonstrates the Estimated Sensitivity [Line Items]
Effect on Profit	50,079	25,744
-10% [Member] | Change in GBP Rate [Member]
Schedule of Demonstrates the Estimated Sensitivity [Line Items]
Effect on Profit	(79,202)	43,204
-10% [Member] | Change in AUD Rate [Member]
Schedule of Demonstrates the Estimated Sensitivity [Line Items]
Effect on Profit	176,987	97,851
-10% [Member] | Change in EUR Rate [Member]
Schedule of Demonstrates the Estimated Sensitivity [Line Items]
Effect on Profit	(14,858)
-10% [Member] | Change in ZAR Rate [Member]
Schedule of Demonstrates the Estimated Sensitivity [Line Items]
Effect on Profit	$ 5,058

Contingent Liabilities (Details

Contingent Liabilities (Details) - Kabanga Nickel Company Ltd [Member]	12 Months Ended
	Dec. 31, 2021 USD ($)	Dec. 31, 2021 TZS (Tsh)	Dec. 31, 2020 USD ($)	Dec. 31, 2020 TZS (Tsh)	Jan. 31, 2021 TZS (Tsh)
Contingent Liabilities [Line Items]
Bank balances					Tsh 823,400,321
Amount of tax in dispute	$ 167,716	Tsh 421,811,314	$ 3,350,393	Tsh 8,426,336,706

Subsequent Events (Details)

Subsequent Events (Details) - USD ($) $ / shares in Units, $ in Millions			12 Months Ended
	Mar. 21, 2024	Jan. 10, 2024	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2018
Subsequent Events [Line Items]
Holding percentage			100%
Interest rate		6%
Issuance convertible notes (in Dollars)	$ 50
Interest rate				8.90%	3%
Conversion price percentage			30%
Number of trading days			15 days
Number of consecutive trading days			30 days
Top of Range [Member]
Subsequent Events [Line Items]
Conversion price percentage			50%
Lifezone Metals Limited [Member]
Subsequent Events [Line Items]
Price per share (in Dollars per share)			$ 8
Non-adjusting event after reporting period [Member]
Subsequent Events [Line Items]
Holding percentage		6%
Non-adjusting event after reporting period [Member]
Subsequent Events [Line Items]
Interest rate	105%
Contributed amount (in Dollars)		$ 1.5
Issuance convertible notes (in Dollars)	$ 50
Number of months convertible notes redeemed	48 months
Non-adjusting event after reporting period [Member] | Lifezone Metals Limited [Member]
Subsequent Events [Line Items]
Holding percentage		94%
Non-adjusting event after reporting period [Member] | SOFR [Member] | Top of Range [Member]
Subsequent Events [Line Items]
Interest rate	4%
Non-adjusting event after reporting period [Member] | SOFR [Member] | Bottom of Range [Member]
Subsequent Events [Line Items]
Interest rate	3%