Kayelekera uranium restart project, Malawi – update

Photo by Lotus Resources Image of Kayelekera operations By: Sheila Barradas

Creamer Media Research Coordinator & Senior Deputy Editor

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Name of the Project Kayelekera uranium restart project . Location Karonga district, northern Malawi. Project Owner/s Uranium developer Lotus Resources . Project Description Kayelekera, currently under care and maintenance , successfully produced uranium in the past, having delivered about 11-million pounds of uranium to the market from 2009 to 2014.An accelerated restart plan completed in October 2024 has promised positive operational and financial outcomes, assuming a long-term uranium price of $90/lb.Under the plan, the life-of-mine (LoM) production target is estimated at 19.3-million pounds of triuranium octoxide over a ten-year mine life. Potential Job Creation More than 600 jobs will be created for the local community. The project ’s workforce is expected to expand as work progresses, ensuring that the mine restarts […]

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