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Taurus Mining Finance provides US$ 60 million bridge loan facility to Lifezone Metals’ wholly-owned subsidiary, Kabanga Nickel Limited

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Overview

Client

Taurus Mining Finance Fund No.2, L.P.

On 8 August 2025, Taurus Mining Finance Fund No. 2, L.P. entered into a US$60 million bridge loan facility agreement to provide financing to Kabanga Nickel Limited.

The financing will be used to advance Lifezone Limited’s Kabanga Nickel Project located in northwest Tanzania by funding the development of early works and infrastructure.

Fasken advised on the financing documents and security in England and Tanzania with a team consisting of Tom Eldridge, Carlie Hooman and Danuta de Vries (Counsel).

Jurisdictions

  • United Kingdom
  • Tanzania

Team

  • Tom Eldridge, Partner | Banking & Finance, London, +44 (0)20 7917 8663, [email protected]
  • Danuta de Vries, Counsel | Banking & Finance, London, +44 (0)20 7917 8524, [email protected]
Tom Eldridge, Partner | Banking & Finance Tom Eldridge Partner | Banking & Finance London +44 (0)20 7917 8663
Danuta de Vries London Lawyer Danuta de Vries Counsel | Banking & Finance London +44 (0)20 7917 8524