Chamwe Kaira
Paladin Energy Ltd has released its Annual Information Form for the year ended 30 June 2025, outlining mining, processing, and sales targets for the Langer Heinrich Mine (LHM) current financial year.
The Namibian uranium mine, Paladin’s only operation currently in production, entered the 2026 financial year with 2.2 million tonnes of medium-grade ore stockpiled.
About 49% of the planned mining fleet is in use, with the rest expected to arrive later this year and be fully commissioned in the second half of the financial year.
Mining will focus on the G-pit, with limited activity in the F and J pits toward the end of the year. Paladin anticipates a decrease in primary ore feed levels in the first half due to the focus on waste removal at the G-pit. This phase is expected to improve ore production in the second half.
The mine plan prioritises medium- and high-grade ore for processing, while lower-grade material will be stockpiled.
Quarterly production is projected to fluctuate because of limited ore feed early in the year.
“Output is expected to rise in the second half as more primary ore becomes available to blend with existing stockpiles. Paladin said processing plant performance improvements achieved in the 2025 financial year are expected to continue, with guidance factoring in plant availability, planned and unplanned maintenance, as well as possible water supply disruptions,” the company said.
For sales, Paladin plans to continue supplying uranium to customers in the United States, Europe, and Asia, while seeking new contracts. Sales volumes and cash receipts will vary depending on shipment schedules, contract terms, and market prices.
As of June 2025, the mineral reserve estimate for Langer Heinrich stood at 80.4 million tonnes grading 437 parts per million of uranium oxide, containing 77.5 million pounds of uranium oxide.
“The estimate is based on a cut-off grade of 250 ppm and a uranium price assumption of US$75 per pound. Paladin confirmed the reserve calculation excludes inferred mineral resources, relying instead on measured and indicated resources converted into proved and probable reserves.”
The company said the updated reserve base and optimised mining plan support a positive net present value for the operation.
Caption
Output is expected to rise at Langer Heinrich Mine.
- Photo: Contributed
