Langer Heinrich ramp-up as uranium production reaches 4.82 million pounds
Paladin Energy Limited has successfully completed the ramp-up of its Langer Heinrich Mine (LHM) in Namibia, achieving strong operational performance and meeting or exceeding its revised financial year 2026 production, sales and cost guidance.
Staff Writer
Paladin Energy Limited has successfully completed the ramp-up of its Langer Heinrich Mine (LHM) in Namibia, achieving strong operational performance and meeting or exceeding its revised financial year 2026 production, sales and cost guidance.
In its June 2026 quarterly report released on 24 July 2026, the Australian-listed uranium producer said LHM produced 1.23 million pounds (Mlb) of uranium oxide (U₃O₈) during the quarter, bringing full-year production to 4.82Mlb U₃O₈.
The company reported quarterly sales volumes of 1.35Mlb U₃O₈ at an average realised price of US$70.6 per pound, while total 2026 Financial Year (FY2026) sales reached 4.35Mlb U₃O₈.
