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Lotus Resources (LOT) investor relations material
Lotus Resources Q1 2026 TU earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Q1 2026 TU earnings summary29 Oct, 2025
Executive summary
Achieved first yellowcake production at Kayelekera in August 2025, marking a return to uranium production after care and maintenance since 2014.
Kayelekera process plant fully commissioned and ramp-up underway, with steady-state production of ~2.4Mlbpa targeted for Q1 CY2026.
Letlhakane project in Botswana advanced with infill and extensional drilling to upgrade resources and support a Pre-Feasibility Study.
Environmental and social approvals secured for Kayelekera, with strong community engagement and no reportable health or safety incidents.
Financial highlights
Closing cash balance of A$96.7M (unaudited) as of 30 September 2025, up from A$75.9M at 30 June 2025.
Raised A$65M in a strategic equity placement, with strong institutional demand.
Net cash used in operating activities was A$774k; A$40M spent on investing activities, mainly for Kayelekera restart.
US$8.5M equipment finance facility finalized, with first US$2.5M drawdown post quarter-end.
Outlook and guidance
Kayelekera on track for full production in Q1 CY2026, with ore mining to commence in Q4 CY2025.
Acid plant refurbishment and grid connection at Kayelekera targeted for completion in Q1 CY2026 and Q4 CY2026, respectively.
Letlhakane PFS scheduled for completion in 2H CY2026, supported by ongoing drilling and metallurgical testwork.
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Next Lotus Resources earnings date
H1 202625 Feb, 2026
Next Lotus Resources earnings date
H1 202625 Feb, 2026
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Frequently asked questions
Lotus Resources Limited is an Australian mineral exploration and development company focused on the uranium sector. The company’s primary asset is the Kayelekera Uranium Project located in Malawi, which has a history of uranium production. The company is headquartered in Perth, Western Australia, and its shares are listed on the ASX.
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