By: Staff Writer
Uranium producer Paladin Energy has announced the successful commencement of uranium concentrate production and drumming at the Langer Heinrich Mine (LHM).
Earlier in January, The Villager reported that the company secured a N$2.8 billion loan to restart commercial production at the LHM in the Erongo region.
The mine had been dormant for six years due to declining uranium prices.
The Australian mining company, holding a 75% stake in the Langer Heinrich Mine, will now focus on production ramp-up and building a finished product inventory in preparation for customer shipments.
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