Uranium

Paladin Energy has announced the results of the Langer Heinrich Mine Restart Plan. The Restart Plan marks the completion of an extensive work package aimed at delivering a reliable mine restart to bring the globally significant Langer Heinrich Mine back into production under the right Uranium pricing environment.

Paladin CEO, Ian Purdy said:

“The completion of the Langer Heinrich Mine Restart Plan is a significant
step forward for the Company and completes the vast amount of study work undertaken over the past 18 months.

“The operational and economic parameters identified in the chosen restart plan show the strategic significance of the Langer Heinrich asset and highlight the potential economic returns that can be delivered under the right Uranium price environment.

“Paladin will continue to refine and progress work packages under The Restart Plan and I look forward to updating the market on our ongoing activities”.