Paladin Energy Ltd (AU:PDN) has released an update.
Paladin Energy Ltd. successfully resumed commercial uranium production at its Langer Heinrich Mine, marking a key achievement after six years of maintenance. With over 2.5 million injury-free hours logged, the company is now focusing on increasing production and stockpiling for upcoming customer shipments. Financially bolstered by a new $150 million debt facility and $50 million in unrestricted cash, Paladin is poised for robust growth and shareholder returns in a favorable uranium market.
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