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Langer Heinrich teetering as uranium price remains in doldrums

Majority owner Paladin signals likely closure of Namibian mine

Michael Quinn
Paladin is getting ready to potentially turn off the lights at Langer Heinrich.

Paladin is getting ready to potentially turn off the lights at Langer Heinrich.

The likelihood of the operation closing comes with the average uranium spot price in 2018 being the lowest in 15 years, and Paladin recently suggesting up to 40% of global supply being at risk under current...

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