Langer Heinrich uranium project, Namibia
Name and Location
Langer Heinrich uranium project, Namibia.
Project Description
The project involves the construction of a 2,6-million-pound uranium mine in the Namib desert. The stage-two expansion will increase capacity to 3,7-million pounds of uranium a year.
Value
N$620-million.
Duration
The mine was officially opened on March 16, 2007. The stage-two expansion is expected to achieve 3,7-million pounds of uranium by May 2009.
Client
Paladin Energy.
Key Contracts and Suppliers
None stated.
Latest Developments
The Langer Heinrich mine has achieved the targeted stage-one production of 2,6-million pounds a year of uranium.
The mine produced 650 560 lb of uranium for the quarter ended September 30, which equates to 2,6-million pounds of uranium on an annualised basis. Paladin Energy has already started work on a stage-two expansion to increase production at the mine to 3,7-million pounds of uranium by May next year. The producer is also considering a stage-three expansion to increase output to about six-million pounds of uranium a year by the end of 2010. The timing of this expansion phase is, however, related to the availability of water and electricity.
On Budget and on Time?
Not stated.
Contact Details for Project Information
Paladin Energy, tel +61 8 9381 4366,
fax +61 8 9381 4978 or email paladin@paladinenergy.com.au.
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