Paladin Energy Ltd, a prominent player in the uranium mining sector, has disclosed its financial guidance for the fiscal year 2026 concerning the Langer Heinrich Mine $(LHM.AU)$. The company anticipates continued operational ramp-up throughout the year, transitioning from processing stockpiled medium-grade ore to primary mined ore. The ramp-up is expected to conclude by the end of FY2026, with full mining and processing operations slated for FY2027. Paladin forecasts production of 4.0 to 4.4 million pounds of U3O8 for FY2026. The company plans to continue delivering uranium to global customers in the US, Europe, and Asia, while seeking new contracts with high-quality counterparties. Sales volumes and pricing are expected to fluctuate quarterly due to shipment timing, contract terms, and prevailing market prices. The company has also provided a realised uranium price sensitivity forecast for FY2026 under various spot price assumptions, ranging from $54 per pound at a $40 spot price to $94 per pound at a $140 spot price. This announcement has been authorized by the Board of Directors, reflecting Paladin's strategic outlook and commitment to expanding its market presence.
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