By: Justicia Shipena
The Langer Heinrich Mine (LHM), has spent just over N$1,15 billion (US$61 million) over the past financial year, through the acquisition of local various products and services to strengthen its operations.
This investment follows the successful restart of LHM, establishing it as a cornerstone in Paladin’s ambition to become a leading uranium producer worldwide.
Operated by Australian company, Paladin Energy, the Langer Heinrich Mine is one of the largest uranium reserves in Namibia having estimated reserves of 57,000 tonnes of ore grading 0.055% uranium.
In its recent sustainability report, the mine highlighted its positive impact towards the local economy and commitment to employing local talent.
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