Since recommencing mining operations in April 2025, Langer Heinrich Uranium (LHU) has continued to make steady progress towards ramping up to full production, with completion remaining on track by the end of FY2026.

The operation has reaffirmed its importance as a major contributor to Namibia’s economy and a significant employer in the Erongo Region. Today, the mine supports close to 1,300 employees and contractors, of whom 98% are Namibian, reflecting the company’s commitment to local employment and skills development.

Driving Economic Growth and Local Value Creation

Beyond its operational performance, LHU continues to make meaningful contributions to regional development and local enterprise growth.

During 2025, the company invested close to N$10 million in Corporate Social Responsibility (CSR) initiatives across the Erongo Region, supporting projects that contribute to community wellbeing and long-term development.

Support for Namibian businesses also remains a key priority, with 88% of the mine’s total procurement expenditure directed towards local suppliers.

• 1,300 employees and contractors
• 98% Namibian workforce
• N$10 million invested in CSR initiatives during 2025
• 88% of procurement spend directed to Namibian suppliers

Production Momentum Continues

Over the first nine months of FY2026, LHU produced 3.6 million pounds of uranium, reflecting continued operational improvements as the mine progresses towards full production capacity.

This strong performance was supported by the successful mobilisation of the mining fleet, improved feed grades and consistently high recovery rates from the processing plant.

As a result of this positive performance, LHU increased its FY2026 production guidance to between 4.5 million and 4.8 million pounds of uranium.

The revised guidance reflects growing confidence in the operation’s ability to deliver sustainable production and contribute to global uranium supply as demand for nuclear energy continues to strengthen.

Supporting a Global Growth Pipeline

Paladin Energy, the majority owner of the Langer Heinrich Mine, continues to advance a broader multi-decade uranium production and growth strategy spanning Namibia, Canada and Australia.

A key component of this growth pipeline is the Patterson Lake South (PLS) Project in Saskatchewan, Canada.

Located within the renowned Athabasca Basin, the PLS Project hosts the Triple R Deposit, one of the world’s largest high-grade, near-surface uranium deposits.

The project is regarded as a globally significant advanced-stage uranium development, supported by strong project economics, a low-risk mine plan, a proven processing flowsheet and substantial future growth potential.

Paladin has already secured Environmental Approval for the project from the Saskatchewan Government and is now focused on progressing the remaining regulatory requirements needed to obtain a construction licence.

Building for the Future

“I couldn’t be more pleased with the momentum we are building across the company as we work to deliver a multi-decade production pipeline for the market and drive value for our shareholders.”

– Paul Hemburrow, Managing Director and CEO, Paladin Energy

As Langer Heinrich continues its successful ramp-up and Paladin advances its international development portfolio, the company remains well positioned to contribute to the long-term growth of the uranium sector while delivering economic benefits, employment opportunities and investment in Namibia.

With production increasing, local procurement remaining strong and significant investment flowing into communities, Langer Heinrich Uranium continues to play an important role in Namibia’s uranium industry and economic development.

Contributed by Langer Heinrich Uranium