Brief: Lotus Resources Signs Binding Uranium Offtake Agreement
17/03/2025 01:28
March 17 (Reuters) - Lotus Resources Ltd LOT.AX: LOTUS SIGNS BINDING URANIUM OFFTAKE AGREEMENT WITH A LARGE NORTH AMERICAN POWER UTILITY BINDING CONTRACT FOR SALE AND PURCHASE OF 600,000LBS OF KAYELEKERA URANIUM FOR 2026 LOTUS IS ON TRACK FOR FIRST URANIUM FROM KAYELEKERA IN Q3 CY2025 ENTERED SALE ARRANGEMENTS FOR UP TO 3.2M LBS OF URANIUM TO BE PRODUCED AT KAYELEKERA FROM 2026 Further company coverage: LOT.AX ((Reuters.Briefs@thomsonreuters.com;))
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