Paladin Energy has outlined its FY25 guidance for the Langer Heinrich mine, which resumed commercial production on March 30, following the successful Restart Project.
The mine anticipates a production ramp-up throughout the year, targeting 4.0-4.5 million pounds of U308 with sales of 3.8-4.1 million pounds.
Production costs are estimated at US$28-31 ($42-46) per pound, with capital expenditure projected at US$26 million ($39.1 million).
Paladin aims for full mining operations in FY26, aiming for a nameplate production of 6 million pounds annually by the end of 2026.