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Lotus Resources Advances Kayelekera Restart and Secures Mercuria Funding Commitment

9:09am on Thursday 16th of July, 2026 AEST Mining
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Lotus Resources Advances Kayelekera Restart and Secures Mercuria Funding Commitment

9:09am on Thursday 16th of July, 2026 AEST
Key Points
  • Acid plant repairs finished, production restart planned early August
  • Optimisation initiatives accelerated during production pause
  • Steady-state production targeted at 2.4 million pounds U3O8 annually
  • Binding commitment letter signed with Mercuria for marketing and financing
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