ASX:LOTOil and Gas
Does Lotus Resources (ASX:LOT) Acid Plant Plan Reshape Its Path to Steady Uranium Output?
Lotus Resources has reported past progress at its Kayelekera uranium mine in Malawi, with the processing plant ramp-up advancing and key production parameters nearing targets, while sulphuric acid supply constraints are being addressed through additional suppliers and a rebuilt acid plant planned to start operating in early 2026.
An interesting angle for investors is that Lotus now expects steady-state operational production and its first uranium shipments from Kayelekera in the first...