Lotus Resources Limited (AU:LOT) has released an update.
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Lotus Resources Limited has reported promising results from its metallurgical testwork for the Letlhakane Uranium Project in Botswana, indicating potential for cost reductions and improved uranium recovery. The new two-stage leaching process could simplify operations by eliminating the need for a solvent extraction circuit, suggesting lower capital costs and acid consumption. These developments, combined with positive drilling results, are expected to strengthen the project’s economic strategy.
For further insights into AU:LOT stock, check out TipRanks’ Stock Analysis page.
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