Company
Lotus Resources Ltd
OFEX:LOTP
Lotus Resources Limited is a leading ASX-listed uranium producer headquartered in Perth, Australia, which owns an 85% interest in the Kayelekera Uranium Mine in Malawi (Government of Malawi holds 15%), and 100% of the Letlhakane Uranium Project in Botswana. The company restarted production at Kayelekera in August 2025, on time and on budget.
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Lotus Resources and A-Cap merger to create major African-focused uranium player
The combined 241.5 million pound uranium resource base, one of the largest in the world, will position the combined entity for a market re-rating.
Lotus Resources confirms presence of high-grade rare earths at Milenje in Malawi
“Several of the samples from this new program returned TREO grades greater than 15%. The mineralogy work (petrographic and scanning electron microscopy) showed that the rare earths were contained in the mineral allanite," said MD Keith Bowe
Lotus Resources hits uranium in maiden drilling at Chilumba in Malawi
The company believes the area has strong long-term potential for mineable uranium, meaning it could be the base for a future satellite operation.
Lotus Resources completes $25 million placement to fast-track Kayelekera Uranium Project in Malawi
“In particular, the demand received from global sector specialists during the bookbuild provides significant validation for the company’s restart strategy and underscores the value of the project as one of the nearest-term producers globall
Lotus Resources DFS confirms low capital, quick re-start uranium asset: Shaw and Partners
Lotus Resources is looking to re-start operations of the fully permitted Kayelekera Uranium Project in Malawi.
Lotus Resources boosts global uranium resource to 51.1 million pounds thanks to inaugural Livingstonia resource
While Livingstonia is not included in Lotus’ current definitive feasibility study, it has the potential to become a satellite operation down the line, once the Kayelekera resource has been depleted.
Lotus Resources builds support for Kayelekera uranium mine restart during Malawi roadshow
Lotus says the Malawian Government indicated it was supportive of a production restart at Kayelekera as soon as possible.
Lotus Resources explores Livingstonia’s uranium potential with RC drill program
Although it’s not part of its present definitive feasibility study, Lotus believes Livingstonia bears potential as a satellite uranium deposit down the line.
Lotus Resources bolsters Kayelekera uranium resource by 23%
“While the majority of management time is now fully focused on the definitive feasibility study, exploration results from the nearby Livingstonia uranium deposit are expected shortly,” says MD Keith Bowes.
Lotus Resources expands uranium footprint at Kayelekera deposit
Lotus’ drilling activity expanded mineralisation by up to 100 metres from the existing resource drilling at Kayelekera.
Lotus Resources appoints new CFO to further uranium ambitions
“Michael’s blend of commercial, project development and operational experience is critically important for the company as we continue to position the Kayelekera Uranium Mine for a restart decision in the near future as the uranium price con
Lotus Resources initiated by Petra Capital with BUY rating and A$0.40 target price as uranium market heats up
“LOT offers one of the fastest routes to proven commercial production as it leverages substantial sunk capital and operating experience. We initiate with a BUY and Price Target of A$0.40/share.” says Petra Capital.
Lotus Resources marks important milestone with inaugural sustainability report
Its ultimate goal is to become a recognised industry leader as it brings the Kayelekera Uranium Mine back into production, and have a lasting positive impact on all of its stakeholders.
Lotus Resources begins program of consolidation and expansion at historic uranium tenement
Lotus started work in the region earlier this year - the first uranium exploration in the area in more than a decade. If all goes well, the historic resource will be revived and extended.
Lotus Resources shows potential for increasing both size and grades of uranium: Red Cloud Securities
Red Cloud has maintained a BUY rating and recently upgraded target price of A$0.40/share for Lotus Resources.