Paladin Energy (ASX:PDN) outlines FY25 guidance for Langer Heinrich mine

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.