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Lotus clears funding hurdle as Kayelekera shipment moves closer
9:59am on Thursday 8th of October, 2026 AEDT
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Mining
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Lotus clears funding hurdle as Kayelekera shipment moves closer
9:59am on Thursday 8th of October, 2026 AEDT
Key Points
Up to US$30 million Mercuria inventory-backed prepayment facility
Marketing platform covering up to 3.0 million pounds of U3O8 over 30 months
Only Namibian NRPA transport approval remains for the export route
First shipment prepared with approximately 144,000 pounds of uranium
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