A prefeasibility study into the restart of the Langer Heinrich uranium project, in Namibia, has confirmed that $80-million in capital will be required to support a 5.2-million pound a year operation.
ASX-listed Paladin Energy on Monday said that there was an opportunity to increase production to 6.5-million pounds a year through additional high return, discretionary capital spend of $30-million, further enhancing access to offtake and financing.