So here 'tis: PALADIN ENERGY LTD ABN 47 061 681 098ASX:PDN ASX...

So here 'tis:

PALADIN ENERGY LTD ABN 47 061 681 098
ASXDN ASX Announcement OTCQX: PALAF
2 April 2024
Commercial production achieved at the Langer Heinrich Mine
Paladin Energy Ltd (Paladin or the Company) is pleased to announce that uranium concentrate
production and drumming were achieved at the Langer Heinrich Mine (LHM) on 30 March 2024. Focus
will now shift to production ramp-up and building a finished product inventory, ahead of shipments to
customers. As part of the transition to production, Paladin’s Chief Operating Officer, Paul Hemburrow
will assume responsibility for all LHM activities.
Paladin will provide guidance for key FY2025 LHM operational parameters in July 2024.
Paladin CEO, Ian Purdy said “Achieving first production at the Langer Heinrich Mine is an important
milestone for Paladin. I would like to thank all our staff and contractors for their hard work and
dedication in returning this globally significant uranium mine to production. I would also like to thank
the Namibian Government and our local communities in the Erongo region for their continued support.
With a return to production, a strong balance sheet and supportive uranium fundamentals, Paladin is
exceptionally well positioned to generate sustainable returns for all our stakeholders.”
This announcement has been authorised for release by the Board of Directors of Paladin Energy Ltd.
For further information contact:
Paula Raffo
Investor Relations Manager
P: +61 8 9423 8100
E: [email protected]
Forward-looking statements
This announcement contains certain forward-looking statements. The Company cannot guarantee that
any forward-looking statement will be realised. Achievement of anticipated results is subject to risks,
uncertainties and inaccurate assumptions. Should known or unknown risks or uncertainties
materialise, or should underlying assumptions prove inaccurate, actual results could vary materially
from past results and those anticipated, estimated or projected. You should bear this in mind as you
consider forward-looking statements, and you are cautioned not to put undue reliance on forward looking statements.

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