Highlights

  • Lotus received Transport and Export Authorisation from Namibia's National Radiation Protection Authority.
  • Required permits are now complete across Malawi, Zambia and Namibia.
  • The first shipment of about 145,000lbs U3O8 is packed in four containers.
  • Shipping from Walvis Bay is booked for November 2026, bound for Orano's conversion facility in France.

Lotus Resources Limited (ASX:LOT) has secured the final key approval needed to export its first uranium product from the Kayelekera mine in Malawi. The company announced on 26 October 2026 that the shipment is expected to leave site within the next week.

Final Export Approval Received

Lotus has received Transport and Export Authorisation from the Namibian National Radiation Protection Authority, completing the permits required across Malawi, Zambia and Namibia.

Approvals were secured from the Malawian Atomic Energy Regulatory Agency, a Zambian transport licence obtained through logistics partner Alistair Group, and from Namibia's Ministry of Environment, Forestry and Tourism, National Radiation Protection Authority and Ministry of Industries, Mines and Energy.

Details of the First Shipment

The first shipment comprises about 145,000lbs of U3O8 uranium ore concentrate, packed in four containers. Road haulage has been mobilised to site, and the shipment is expected to leave Kayelekera within the next week.

Shipping from the port of Walvis Bay in Namibia is booked for November 2026, with the product bound for Orano's conversion facility in France. Routine per-shipment notifications, inspections and approvals are underway.

Management Commentary

Managing Director Greg Bittar described the approvals as a significant milestone for the company and confirmed that Lotus is targeting the first shipment from Walvis Bay in November.

The first export marks an important step for Kayelekera as the operation moves into delivering product to customers.

Key Takeaways

  • Lotus has cleared the final regulatory hurdle for its first uranium export from Kayelekera.
  • About 145,000lbs of U3O8 is ready to leave site, with shipping booked for November 2026.
  • The first delivery to Orano in France is a key operational milestone.