Great news all round really.
"Connecting to the Malawi electricity grid will minimise Kayelekera’s carbon emissions, as the vast bulk of electricity in Malawi is generated by hydropower with no carbon emissions
• Previously announced term sheets with PSEG Nuclear LLC1 for the offtake of 1.6M lbs of U3O8 for the period 2026 – 2029 is now reflected in a binding and non-conditional “Contract for the Sale and Purchase of Natural Uranium Concentrates”
• Kayelekera’s fully funded restart is progressing as planned with first uranium production on track for Q3 2025"
Carbon free Nuclear power and our power from Carbon free electricity in Malawi generated by hydropower.
Nice
Ann: Lotus Signs Key Agreements for Power Grid Connection, page-2
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