** Shares of Lotus Resources LOT.AX rise around 1.5% to A$0.173
** Co's subsidiary Lotus Africa signed binding contract to sell 600,000 pounds (272 metric tons) of uranium from 2026 to 2029 to a North American power utility
** Co to sell uranium from its Kayelekera project in Malawi, did not disclose name of buyer but said it is one of the largest energy companies in North America
** Stock rose as much as 5.9% earlier in the day
** Stock down 13.8% this year, including the day's move
(Reporting by Shivangi Lahiri in Bengaluru)
((shivangi.lahiri@thomsonreuters.com;))
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