Its chairman also expects the market to maintain its confidence in Codelco, despite rating agency Moody's giving notice of a possible ratings downgrade.
The drill results come almost two months after Lifezone began trading on the NYSE, following the business combination between Lifezone Holdings and special purpose acquisition company GoGreen Investments.
IDTechEx forecasts that graphite will remain the most widely used anode material in Li-ion batteries through the medium term with demand exceeding 2 million tonnes by 2029.