Malawi ships 145,000 pounds of uranium abroad
By the AFREEQUE newsroom, based on Malawi24
Korea Aerospace Research Institute · KOGL Type 1The Kayelekera mine, operated by Australian company Lotus Resources in Malawi, has shipped 145,000 pounds of uranium concentrate in four containers. The cargo is to transit through Zambia and Namibia before processing in France, according to Malawi24 and Lotus Resources.
Four containers carrying 145,000 pounds of uranium concentrate left the Kayelekera mine in northern Malawi this week for international markets, according to Malawi24. The shipment is to transit through Zambia and then the Namibian port of Walvis Bay before being sent to France.
Lotus Resources, the Australian company that operates the Kayelekera mine, expects the concentrate to reach Orano CE Malvési's conversion plant in France before the end of the year. Its chief executive Greg Bittar said the shipment brings the company closer to delivery to its customers and to the start of cash flows from the project.
Lotus Resources intends to continue improving operations at Kayelekera and to increase production, according to Greg Bittar. The resumption of uranium exports should also allow Malawi to rejoin the international uranium supply chain and to have a potential new source of foreign-currency revenue, Malawi24 reports.
The shipment follows the preparation of the first cargo announced on 28 October, when the Kayelekera mine was preparing its first uranium shipment.
