Paladin approves restart PFS in Namibia

The board of ASX-listed Paladin Energy has approved a prefeasibility study (PFS) probing the restart of its Langer Heinrich mine, in Namibia, after a concept study identified a number of options to reduce operating costs, improve uranium process reliability, and to potentially recover a saleable vanadium product. Langer Heinrich was placed on care and maintenance in May of last year, as uranium prices remained low.