The Langer Heinrich Mine in Namibia (75% owned by Paladin Energy Ltd) is well on track to be a significant player in the decarbonisation economy of the near future. Production is targeted for Q1 CY2024.
We have secured a strong uranium offtake portfolio within a rising market. At full production, the Langer Heinrich Mine’s annual uranium output is enough to supply over ten 1,000 Mwe nuclear power plants for a year.
The mine is located in central western Namibia approximately 80km east of Swakopmund and 85km northeast of the Walvis Bay major deepwater harbour. Modern infrastructure provides reliable and smooth access from the mine to the well-established port at Walvis Bay.
The deposit was discovered in 1973, and Paladin acquired Langer Heinrich Uranium (Pty) Ltd and its assets from Aztec Resources Ltd in August 2002.