Tanzania mining firm lists on US securities exchange

nyse

A trader works ahead of the closing bell on the floor of the New York Stock Exchange in New York City, US on April 12, 2019. PHOTO | AFP

Lifezone Metals Ltd, the parent firm of Tanzania’s Tembo Nickel Corporation Ltd, this week listed its shares on the New York Stock Exchange (NYSE) in a landmark development touted to open up the mining firm to deep-pocketed global investors to push its Kabanga Nickel Project to fruition.

Tanzanian mining industry burst to the global scene on July 6 with the commencement of trading of Lifezone Metals stock on the American securities exchange under the symbol NYSE: LZM, elevating the importance of the Kabanga Nickel Project on the world stage.