Lotus Resources (ASX:LOT) said an updated scoping study for its Letlhakane uranium project in Botswana shows the project can support a 10-year life-of-mine producing 3 million pounds per annum for a total life-of-mine production of 29 million pounds, according to a Wednesday Australian bourse filing.
The study is based on its December 2024 mineral resource estimate.
The optimization of mining costs and acid consumption for the selected case demonstrated an optimal cash cost of $35 per pound.
The company is progressing with trade-off studies for the project, including a two-stage leach process that retains the original uranium extraction, but minimizes acid consumption, as well as a modified downstream process that aims to eliminate solvent extraction and better control impurities.
The firm's shares rose 6% in recent 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。