Paladin Energy produced 993,843 pounds of uranium oxide (U₃O₈) at its Langer Heinrich Mine in Namibia during the quarter ending 30 June 2025, a 33% increase from the previous quarter.
This is the highest quarterly output since the mine’s restart and brings total production for the financial year to 3 million pounds.
The company said the increase was driven by record crusher throughput of 1.17 million tonnes, improved feed blend quality, and a recovery rate of 87%. The previous throughput record of 982,209 tonnes was set in March 2014.
Water management remained stable, with captured rainwater supplementing process water. Tailings Storage Facility 6 (TSF6) was commissioned on schedule without disrupting operations, adding capacity to support further ramp-up.
Sales for the quarter reached 710,051 pounds, bringing total sales for the year to 2.7 million pounds. Paladin said it met all delivery obligations and signed one new uranium supply agreement, bringing its total to 13 customers across the US, Europe and Asia.
The company reported a unit production cost of US$37.50 per pound, supported by higher output and access to previously blasted ore. The average realised price for the quarter was US$55.60 per pound, down from the full-year average of US$65.70 due to the mix and timing of deliveries.
Mining during the quarter focused on the G2A pit, with drilling, blasting and haulage operations supported by a fully operational haul road network.
Paladin also continued infrastructure upgrades, including road works, bunding, dewatering and preparation for mining in the G3A pit later this year.
The G-pit will be expanded into a larger open pit, requiring more waste removal and management of flooded areas. The company said pit wall design and water control infrastructure are in place to ensure safe access to ore.
