• FY2027 uranium production expected between 5.1Mlb and 5.6Mlb U3O8
• Cost of production estimated at US$44/lb to US$48/lb
• Capital expenditure forecast between US$29M and US$35M
• Sales expected to range from 4.8Mlb to 5.3Mlb U3O8

Paladin Energy Ltd (ASX:PDN) has issued FY2027 guidance for its Langer Heinrich Mine (LHM). The company anticipates uranium production to range between 5.1 million pounds (Mlb) and 5.6 Mlb of U3O8, supported by the completion of the mining ramp-up and increased availability of primary mined ore. Production volumes are expected to vary quarter to quarter, with planned maintenance shutdowns impacting the first half. The cost of production is expected to be between US$44/lb and US$48/lb, trending towards the upper end in the first half due to lower anticipated production and additional costs associated with planned maintenance. Capital expenditure for FY2027 is expected to be between US$29 million and US$35 million, including expenditures on tailings storage facilities, process improvement studies, and infill drilling. Uranium sales are expected to range from 4.8 Mlb to 5.3 Mlb U3O8, reflecting the intention to repay part of the current uranium product loan balance over the period.

FY2027 uranium production: 5.1Mlb - 5.6Mlb U3O8, cost of production: US$44/lb - US$48/lb, capital expenditure: US$29M - US$35M

Paladin Energy Ltd anticipates continued operational improvements and reliability in uranium delivery to its global customer base. The company remains focused on mining and plant optimisation throughout FY2027.