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Lotus Resources Powers Ahead with Kayelekera Uranium Restart and Binding Offtake Deals
9:11am on Thursday 31st of July, 2025 AEST
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Mining
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Lotus Resources Powers Ahead with Kayelekera Uranium Restart and Binding Offtake Deals
9:11am on Thursday 31st of July, 2025 AEST
Key Points
Kayelekera uranium restart on schedule for Q3 2025
Owner-operator mining strategy adopted to reduce costs
Binding offtake contracts secured for up to 3.9 million pounds of uranium from 2026
Electricity grid connection project progressing, aiming for 2026 commissioning
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