Paladin Energy Ltd June 2026 Quarter Presentation
Key points
- LHM produced 1.23Mlb U3O8, sold 1.35Mlb U3O8 at $70.6/lb
- PLS Project advanced with CNSC determination
- Atlas discovery identified 3.5km south of PLS Project
- Cash and investments totaled $265M at quarter end
- TRIF of 3.2 per million hours worked
Full summary
Paladin Energy Ltd's June 2026 quarter presentation highlighted several key achievements and operational metrics. The Langer Heinrich Mine (LHM) produced 1.23 million pounds (Mlb) of U3O8 and sold 1.35Mlb at an average realized price of $70.6 per pound. The company also announced the discovery of a new high-grade uranium mineralization, the Atlas discovery, 3.5km south of the PLS Project. The PLS Project advanced with the CNSC determination that the Construction Licence application was sufficient to undergo the regulatory review process. Cash and investments totaled $265 million at quarter end, and the Total Recordable Injury Frequency (TRIF) was 3.2 per million hours worked.
Guidance
FY2027: U3O8 Produced 5.1-5.6Mlb, Sold 4.8-5.3Mlb, Cost of Production $44-$48/lb, Capital Expenditure $29-$35M
Outlook
The company expects to complete hearings for the PLS Project Construction Licence application by the end of calendar year 2027.
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