Paladin Energy’s Langer Heinrich Mine in Namibia is a proven tier one asset in the global nuclear fuel energy cycle.
Our mine is situated in the country’s Namib Desert, 80km east of the major Walvis Bay seaport, placing us within a significant uranium region.
We are some 40km south-east of the world’s longest running open pit uranium mine at Rössing, previously operated by the Rio Tinto Group and now by our partner, China National Nuclear Corporation (CNNC).
The world class Husab uranium operation is also close to our mine and is run by China General Nuclear Power Company.
Our Langer Heinrich Mine has a clear, positive pathway back to production.
The Restart Plan confirms this globally significant mine is positively placed to take advantage in an improved uranium market.
The decline in uranium market conditions led Paladin in May 2018 to place Langer Heinrich into care and maintenance.
Now the completed studies and plan confirm restart capital, costs and operational performance, as well as opportunities to improve the reliability and strength of the operations in the future.