Lotus Resources (ASX:LOT) signed a term sheet for the sale of triuranium octoxide to a unit of US-based Public Sector Enterprise Group, PSEG Nuclear, according to a Wednesday Australian bourse filing.
The arrangement covers a total of 800,000 pounds of uranium from 2026 to 2029, at an escalated fixed price.
The fixed-price escalation percentage per annum applies from the time of delivery, the filing said.
The term sheet is non-binding and conditional on the execution of a full-form document, which is expected to be finalized in the March quarter.
Lotus shares rose nearly 6% in early trading on Wednesday.
免責聲明：投資有風險，本文並非投資建議，以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請，作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考，不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證，投資者應自行研究並在投資前尋求專業建議。