馃嚦馃嚘NamibiaSouthern Africa
Paladin Energy raises uranium production forecast for Langer Heinrich Mine
via The Namibian1 min read
Paladin Energy announced an increased uranium production forecast for its Langer Heinrich Mine, now expecting to produce up to 4.8 million pounds of yellowcake in the 2026 financial year, which ends in July. This revised outlook is an increase from the initial forecast of 4.4 million pounds. The company has already produced 82% of its original target with three months remaining in the financial year. Paladin attributed this progress to the successful ramp-up of operations, improved feed grade, and high recovery rates from its processing plant. Paladin owns 75% of the mine, with China National Nuclear Corporation holding the remaining 25%. Paladin is scheduled to release its quarterly results on Tuesday.
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This summary was AI-generated from a story originally published by The Namibian.
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