Paladin Energy raises FY26 uranium production guidance. The mining company has increased Langer Heinrich's production forecast to 4.5-4.8 million pounds of uranium, up from the previous 4.0-4.4 million pound range. Strong operational performance in the first nine months, including improved feed grades and high recovery rates, drove the upward revision. Year-to-date production reached 3.6 million pounds. Meanwhile, Paladin reduced capital expenditure guidance from US$26-32 million to US$15-17 million, reflecting operational efficiencies. Production costs averaged US$40.4 per pound through nine months, with full-year guidance maintained at US$44-48 per pound. The company will provide detailed quarterly results on April 22.
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