Lotus Resources has dispatched its first uranium ore concentrate shipment from the Kayelekera mine in northern Malawi, marking a major milestone in the operation’s restart after more than a decade out of production.
Malawi is preparing to resume uranium exports after Lotus Resources secured a key regulatory approval for the first shipment from its Kayelekera mine since production restarted in August 2025.
Uranium spot prices, which touched about $101 a pound in January 2026 before settling near $84-$90, remain high enough to support producing African mines but still leave some greenfield projects waiting on the sidelines.
Mantra Tanzania says it will resume construction of the main Mkuju River uranium plant in October 2026, after Tanzania's minerals minister set a 2029 target for first production.
Niger's cabinet has granted a uranium mining permit for the In Azaoua area near Arlit to Tsumco SA, a state company created after Niger nationalised Orano's Somaïr mine, formalising its control of ground once run by the French group.
The European Commission has commissioned consultants to help Namibia draft a National Critical Raw Materials Strategy covering uranium, lithium and rare earths, as Windhoek balances competing EU and Chinese interest in its minerals.
UraniumOranoFrench state-controlled nuclear fuel-cycle company created in 2017 from the restructuring of Areva. It is the world's third-largest uranium producer, though its Niger business has been largely dismantled by that country's military government since 2023.
ASX: PDNUraniumPaladin EnergyWestern Australian uranium producer founded in 1993 that restarted Namibia's Langer Heinrich mine in 2024 after placing it on care and maintenance in 2018. It is dual-listed on the ASX and TSX.
