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Paladin Energy Expects Production at Namibia Uranium Mine in Fiscal Year 2027 to be between 5.1 Million Pounds, 5.6 Million Pounds

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Paladin Energy (ASX:PDN) said production from the Langer Heinrich mine in Namibia is expected to range between 5.1 million pounds and 5.6 million pounds of triuranium octoxide in fiscal year 2027, according to a Wednesday Australian bourse filing.

The cost of production is expected to be between $44 per pound and $48 per pound, trending towards the upper end of the guidance range in the first half of fiscal year 2027 due to lower anticipated production and additional costs associated with planned maintenance during the period.

It expects sales volume to be between 4.8 million pounds and 5.3 million pounds of triuranium octoxide during the period.

The firm ramped up mining and processing operations at the mine in the June quarter.

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