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Home News Uranium

Langer Heinrich Mine produces first uranium concentrate, signalling a return to business

by Editor
April 2, 2024
in Uranium
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Nedbank, Macquarie Bank grant Paladin Energy N$2,9b debt facility for Langer Heinrich ops and Michelin exploration
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Paladin Energy Ltd says it has archived uranium concentrate production and drumming at the Langer Heinrich Mine on March 30, 2024.
The focus will shift to production ramp-up and building a finished product inventory ahead of customer shipments.
As part of the transition to production, Paladin’s chief operating officer, Paul Hemburrow, will assume responsibility for all Langer Heinrich Mine activities.
Paladin will guide key 2025 Langer Heinrich Mine operational parameters in July 2024.
Paladin CEO Ian Purdy said achieving the first production at the Langer Heinrich Mine is an important milestone.
Purdy thanked the staff and contractors for their hard work and dedication in returning this globally significant uranium mine to production.
He also thanked the Namibian government and the local communities in the Erongo region for their continued support.
“With a return to production, a strong balance sheet, and supportive uranium fundamentals, Paladin is exceptionally well-positioned to generate sustainable returns for all our stakeholders,” Purdy says.

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