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$50M to reboot Malawi uranium mine

Potential uranium producer Lotus Resources says scoping work for the shuttered Kayelekera project in Malawi estimated US$50 million would be needed to reboot operations.

$50M to reboot Malawi uranium mine $50M to reboot Malawi uranium mine $50M to reboot Malawi uranium mine $50M to reboot Malawi uranium mine $50M to reboot Malawi uranium mine

Kayelekera's time in the sun could return one day

The two production scenarios envisaged entailed either an eight-year operation producing a total of 16.4 million pounds of uranium or a 14-year operation yielding 23.