A recent Feasibility Study outlined a mine plan for 52.2 million tonnes of ore to be processed over an 18-year life-of-mine.
production, whilst securing financing, completing regulatory approvals and preparing key infrastructure. “We aim to achieve several major milestones next year, including finding a clear path to the final investment decision expected in 2026, with all strategic options under evaluation, including potential asset level change of control.” “The company is thus actively working with international financial institutions to secure the funding needed for construction, while early-stage development activities are planned to support construction and operations. As we move into 2026, we also continue to progress environmental and social permits, ensuring compliance with Tanzanian regulations and, ultimately, readiness for the construction phase,” he concludes.
copper, diversifying supply of these metals where it is currently very concentrated, while also supporting the growing lithium- ion battery market for electric vehicles (EVs) and renewable energy storage.” A third reason it stands out is its method of creating responsible, low-carbon production through the potential the company’s Hydromet Technology brings, making it a project that can, over time, deliver metals with an even lower environmental footprint, meeting the ESG expectations of investors and off-takers. The long life of mine and strong economics of the project position the business as a competitive, long-term producer of nickel. To this end, he suggests that the organisational strategy is focused on advancing the project towards
five agribusiness groups with their registration as formal business enterprises,” he states. A leading development Showalter describes the Kabanga Nickel Project as one that stands out as one of Africa’s leading mining developments for several reasons. “It is a high-grade, large scale resource hosting one of the world’s largest undeveloped high-grade nickel sulphide deposits, with over 46 million tonnes of measured and indicated resources at over 2% nickel, along with significant copper and cobalt.” “Moreover, it plays a strategic and significant role in the energy transition and nickel market in general. Kabanga is designed to produce nickel, cobalt and
DECEMBER 2025 - JANUARY 2026 | www.modernminingmagazine.co.za MODERN MINING 35
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