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LHM Guidance Revision - Increase FY2026 Production Range - Paladin Energy (OTC:PALAF)
Paladin raised FY2026 output forecasts for Langer Heinrich after 3.6 million pounds of uranium production and cut capital spending to US$15 million-US$17 million.
- On Thursday, Paladin Energy Ltd updated its FY2026 guidance for the Langer Heinrich Mine, raising production forecasts while reducing capital expenditure following strong operational performance in the first nine months.
- Successful mining fleet mobilisation and high processing plant recovery rates drove the production increase to 4.5M to 4.8M pounds of U3O8, with Paladin achieving 3.6M pounds in the first nine months.
- Paladin reduced capital and exploration expenditure guidance to US$15M to US$17M, down from the previous US$26M to US$32M, due to reprioritisation and deferral of planned spending.
- The company will release its March 2026 Quarterly Report ahead of a conference call on Wednesday, April 22, 2026, at 11:00 am AEST to discuss updated guidance.
- Operations at the Langer Heinrich Mine are expected to transition to full mining and processing capacity by the end of FY2026, though the company monitors potential cost impacts from the ongoing conflict in the Middle East.
15 Articles
15 Articles
The Toronto Star
LHM Guidance Revision - Increase FY2026 Production Range
PERTH, Australia, April 16, 2026 (GLOBE NEWSWIRE) -- Paladin Energy Ltd (ASX:PDN, TSX:PDN, OTCQX:PALAF) (“Paladin” or the “Company”) provides an operations and guidance update for the Langer Heinrich Mine (LHM) in advance of its March 2026 Quarterly Report, which is…
LHM Guidance Revision - Increase FY2026 Production Range - Paladin Energy (OTC:PALAF)
PERTH, Australia, April 16, 2026 (GLOBE NEWSWIRE) -- Paladin Energy Ltd ((ASX:PDN, TSX:PDN, OTCQX:PALAF) ("Paladin" or the "Company") provides an operations and guidance update for the Langer Heinrich Mine (LHM) in
Paladin increases FY26 production guidance for Langer Heinrich after 'strong 9-month performance'
Paladin Energy has bumped Langer Heinrich’s production guidance after “robust performance during first nine months.” Now forecasted to reach between 4.5-4.8 million pounds uranium. Guidance for capital, expenditure dropped from US$26-$32M to US$15-17M. Paladin Energy (ASX:PDN) now expects Langer Heinrich’s total production to reach between 4.5 million and 4.8 million pounds of uranium, an increase from the previously forecast range of four mill…
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