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How Will Lotus Resources’ A$81M Raise Accelerate Uranium Production in 2026?
11:52am on Thursday 5th of February, 2026 AEDT
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How Will Lotus Resources’ A$81M Raise Accelerate Uranium Production in 2026?
11:52am on Thursday 5th of February, 2026 AEDT
Key Points
A$76 million institutional placement plus A$5 million share purchase plan
Kayelekera mine ramping to ~2.4Mlb uranium production per annum by Q2 2026
Strong offtake contracts cover ~18% of production with ~80% uncontracted exposure
Capital projects include acid plant commissioning and grid connection
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