Uranium mining to resume in June in the country

Lotus Resources Limited, an Australian mining company, has announced plans to resume operations at the Kayerekera uranium mine in Karonga district in June. The mine has been closed since 2014 due to consistently low uranium prices.

This was disclosed on Wednesday during a meeting which Lotus Resources Limited officials held with the Minister of Mining Kenneth Zikhale Ng’oma at the ministry’s offices in Lilongwe.

Lotus Resources Limited Managing Director Greg Bittar, said the company is on the right track to resume mining operations and processes within the third quarter of the year.

Bittar further said the company has already employed over 300 local workers at the site.

“Operations will resume in June 2025 with production of the first product expected one or two months after the resumption of production,” he said.

Bittar added that the company signed the Community Development Agreement (CDA) in January, 2025 for the company to provide a broad support to the local communities.

Bittar highlighted that the company is working on environmental assessment issues as currently a draft on the same has been submitted to Malawi Environmental Protection Authority (MEPA).

In his remarks, Mining minister Kenneth Zikhale Ng’oma underscored the importance of community participation in the Mining activities, which is essential for the country to achieve its flagship ATM (Affordable Technology and Mining) strategy.

He expressed the government’s commitment to collaborating with the company to facilitate mining activities.

Meanwhile,the Minister expressed optimism that the economy will improve, considering that the closure of the Kayerekera uranium mine had a detrimental impact on the country’s financial health.

Lotus Resources Limited owns 85% of the Kayerekera Uranium project in Malawi.