The 2023 financial year saw Australia-based Paladin Energy continue to execute on its strategy of returning the Langer Heinrich Mine (LHM), in Namibia, to production, with the restart project well advanced, chairperson Cliff Lawrenson writes in the company’s annual report. “The work executed, combined with our well-defined pathway to production, and the quality of our on-site operational and project management team ensure the project remains on track and on budget [$118-milllion] for first production in the first quarter of calendar year 2024.
The 2023 financial year saw Australia-based Paladin Energy continue to execute on its strategy of returning the Langer Heinrich mine , in Namibia, to production, with the restart project well advanced, chairperson“The work executed, combined with our well-defined pathway to production, and the quality of our on-site operational and project management team ensure the project remains on track and on budget [$118-milllion] for first production in the first quarter of calendar year 2024.
In addition to Paladin’s life-of-mine offtake with Chinese nuclear utility CNNC5, it has secured offtake agreements with five counterparties in the US and Europe. The restart project site works remain focused on general repairs and refurbishment activities to return the existing process plant to operational readiness.
There was also the delivery of critical construction materials, plant and equipment to site, including the Hydrosort classifier, agitators, thickeners, cyclones, structural steel, prefabricated tanks and tank strakes. The company also onboarded a general manager and a Langer Heinrich operations mining and process manager.
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