Paladin Says US Tariffs Yet to Impact Operations, Sales; Shares Jump 23%

MT Newswires Live

2025/04/23

Paladin Energy (ASX:PDN) said that while recent US tariff hikes and global economic uncertainty caused market turbulence late in the fiscal third quarter, the company has not experienced any direct impact on its operations or sales, according to a Wednesday filing with the Australian bourse.

Production in fiscal Q3 was 745,484 pounds of triuranium octoxide at the Langer Heinrich mine, considered the highest quarterly production since its restart.

Fiscal Q3 sales volume reached 872,435 pounds of triuranium octoxide at an average price of $69.90 per pound.

Shares of the company jumped 23% in recent Wednesday trade.

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