Lotus Resources (ASX: LOT) readies Kayelekera uranium mine restart as supply crunch looms (w/ Keith Bowes)
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Lotus Resources (ASX: LOT) managing director Keith Bowes joins Small Caps to discuss the company's plans in reviving Paladin Energy's previous Kayelekera uranium mine in Malawi. Lotus estimates minimal capital expenditure is required to bring the mine back online and has also identified rare earth potential at the project. At Kayelekera, Lotus expects to produce 3Mlb or uranium annually with a feasibility study due to finish in the first half of next year.