Lotus Resources LimitedASX: LOT

First High Grade Ore Delivered to ROM

· Issued by Lotus Resources Limited

Filed with ASX · · 4 pages · English

Summary by 6ix AI

Lotus Resources Limited has announced the delivery of its first high-grade ore to the run-of-mine pad at the Kayelekera Uranium Mine, marking a significant operational milestone as it ramps up production towards steady state in the near future. The company has secured multiple suppliers for sulphuric acid to alleviate previous supply constraints, with plans for the acid plant to commence operations soon. Production is expected to gradually increase, targeting a specific throughput level in the coming month as the company continues to enhance its processing capabilities.

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