Paladin reaffirms FY2027 Langer Heinrich output view of 5-6 million lb U3O8, cost US$44-48/lb
Paladin reaffirmed FY2027 Langer Heinrich production guidance of 5.1 million-5.6 million lb of U3O8 and production costs of US$44-48/lb. September-quarter output was 1 million lb, with unit costs of US$61.6/lb.
1. Quarterly production
Langer Heinrich produced 1 million lb of U3O8 in the September quarter. Unit costs rose to US$61.6/lb as a maintenance shutdown reduced recovery to 85%.
2. FY2027 outlook
Paladin reaffirmed guidance for FY2027 output of 5.1 million-5.6 million lb and production costs of US$44-48/lb. Management expects production to increase in the second half as higher-grade ore feed lifts recovery and lowers unit costs.
