RE:Paladin Energy Currently -17.58% The ramp up of production at the LHM continues to de-risk the project and demonstrates the benefits of the plant upgrades delivered during the LHM Restart Project. Whilst production in the second quarter of the ramp up encountered some process recovery and efficiency challenges, the onsite team have commenced the implementation of operational and process design improvements, which delivered improved performance towards the end of the quarter. Our global clean-energy customers have commenced receiving and processing our product, with Paladin now delivering on its mission to resource a carbon-free future.
With a large scale uranium mine back in production, an exceptional operations team, a world-class contract book and a positive outlook for future uranium pricing, Paladin is well positioned to deliver continued shareholder returns.