Paladin Energy Ltd (AU:PDN) has released an update.
Paladin Energy Ltd has successfully resumed production at the Langer Heinrich Mine, with over half a million pounds of uranium oxide produced by the end of June 2024 and its first shipment already dispatched. The company completed the mine’s restart within budget at $119.7 million and is also expanding its global reach by acquiring Fission Uranium Corp. Financially, Paladin boasts $48.9 million in unrestricted cash and an additional $24.8 million received from a prepayment for its July uranium shipment.
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