AUS
NZ
UK
CA
USA
FRA
GER
ESP
ITA
NLD
PRT
SWE
GRC
IND
POL
BRA
ZAF
RUS
CHN
UAE
Highlights
- Lotus Resources appoints Leanne Heywood to the board.
- Heywood brings extensive experience from Rio Tinto.
- The company is preparing for operations at the Kayelekera uranium project.
Lotus Resources (ASX:LOT) has made an important move in enhancing its leadership team by appointing Leanne Heywood, a former executive at Rio Tinto (ASX:RIO), to its board of directors. Heywood, who brings over a decade of experience in the mining and energy sectors, is set to play a vital role in guiding Lotus Resources as the company gears up for the commencement of production at its Kayelekera uranium project in Malawi.
Heywood’s extensive background includes her tenure at Rio Tinto, where she held the position of Chief Financial Officer and also took on senior roles within the marketing division. Throughout her 10-year career at the multinational mining giant, Heywood built a wealth of knowledge in managing complex operations and delivering strategic financial and marketing leadership. Her experience will be an asset to Lotus Resources, particularly as the company focuses on ramping up its operations at its key uranium asset in Malawi.
The timing of her appointment aligns with the company’s preparations for the Kayelekera uranium project, which is expected to begin production in the third quarter of 2025. This project is a significant step for Lotus Resources as it aims to increase its presence in the uranium market, a sector that is seeing growing demand due to its role in the global energy transition. The Kayelekera project, which had previously been on care and maintenance, is now poised for a restart under Lotus Resources' leadership, with Heywood’s expertise poised to support its successful development.
As a non-executive director for multiple mining and energy companies, including Arcadium Lithium (ASX:AR3), Heywood brings an added layer of expertise in both the strategic and financial areas of mining. Her role will be pivotal as Lotus Resources navigates the complexities of the uranium industry, ensuring that the company’s operations at Kayelekera are aligned with its long-term goals of sustainable growth and value creation.
With her appointment, Lotus Resources strengthens its leadership team and positions itself to capitalize on future opportunities in the mining sector, particularly in the uranium market. The company is focused on ensuring that the Kayelekera project remains on track for production, which could position it as a key player in the global uranium landscape in the coming years.
