ASX-listed Lotus Resources’ recently finished scoping research study for the Letlhakane uranium job, in Botswana, has actually validated the job’s capacity as a readily practical procedure, with the prospective to generate three-million extra pounds a year of uranium and a feasible prolonged functional life expectancy.
In the base situation, the openpit mine is predicted to generate 42.3-million extra pounds of uranium oxide over 15 years, at a complete money expense of $42/lb. Optimization initiatives can reduce expenses to $36/lb, chief executive officer Greg Bittar stated on Thursday.
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