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Patents and Other Intangibles
12 Months Ended
Dec. 31, 2023
Other Intangibles [Abstract]  
Patents and Other Intangibles

15. Patents and Other Intangibles

 

   Patents   Software   Total
Other
Intangibles
 
   $   $   $ 
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.