Our Values
At Paladin and Langer Heinrich, we are guided by four key values that are at the core of everything we do:
Integrity
We act with integrity and honesty in all we do and say
Respect
We respect and value all people equally
Courage
We meet all challenges and seize opportunities with courage
Community
We invest in our communities to create lasting value
Our values are supported by the Board, management and employees at all levels throughout Paladin and Langer Heinrich, and are central to relationships between all employees and stakeholders. These values and their aligning value statements, define who we are as a Company and provide the foundation of our culture.
History of Langer Heinrich Mine
1973
The deposit is discovered after a government-sponsored airborne radiometric survey of the area.
1980
General Mining Union Corporation Limited (Gencor) undertakes extensive evaluation work at the site from 1974-1980. Suspends work on the project in mid-80s following a fall in the prevailing uranium price.
1998
Acclaim Uranium NL acquires the project from Glencor, completes a pre-feasibility study, and puts project on hold again due to prevailing uranium prices.
2002
Paladin Energy acquires Langer Heinrich Uranium (Pty) Ltd in August and its assets from Aztec Resources Ltd (formally Acclaim Uranium NL).
2007
Langer Heinrich commences production with a capacity of 2.7Mlbpa.
2008
Construction of Stage 2 expansion to 3.7Mlbpa commences at the mine.
2009
Langer Heinrich reaches Stage 2 design capacity in December.
2010
Construction of Stage 3 expansion to 5.2Mlbpa commences early in the year.
2012
Completion of Stage 3 expansion is achieved at the end of March.
2014
The sale process for a 25% interest in the mine by CNNC is completed in July.
2015
Process innovation focuses on the Bicarbonate Recovery Plant (BRP) which is commissioned in early March, resulting in significant reagent cost reductions.
2016
With the continued decline in uranium prices, Langer Heinrich introduces a mining curtailment strategy in November.
2018
Paladin places Langer Heinrich mine into care and maintenance in May due to sustained low uranium spot price. Mine successfully transitions to full C&M in August.
2019
Paladin commences a Prefeasibility Study in February to further refine and verify the Langer Heinrich mine restart plan.
2020
Paladin completes the Langer Heinrich Restart Plan, providing a clear pathway back to reliable production and re-engages with its long-term customers in an improving uranium market.
2022
Paladin made the decision to return the Langer Heinrich Mine to production, supported by strong uranium market fundamentals and continued progress on marketing activities.
2023
The Langer Heinrich Mine restart project progressed well during 2023, targeting first production in Q1 CY2024.
2024
First production was achieved on 30 March 2024 at the Langer Heinrich Mine.