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Paladin Energy Ltd is a Western Australian based uranium production company. It currently has one operating mine in Africa; the Langer Heinrich Mine (LHM) in Namibia. Paladin was listed on the Australian , OTC and Namibian Stock Exchanges , as well as the Munich , Berlin , Stuttgart and Frankfurt Exchanges.
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The Langer Heinrich Mine is currently owned by Paladin Energy Ltd with a 75% stake and CNNC Overseas Uranium Holding Ltd with a 25% stake. [2] Paladin Energy sold the 25% to the Chinese National Nuclear Corporation (CNNC) in 2014 for a reported $190 million. [3] The mine is under care and maintenance since 2018.
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Fission Uranium Corp. is a mineral exploration company engaged in the exploration and development of uranium assets. Its sole project is the Patterson Lake South (PLS) Project located in Canada's Athabasca Basin District. [2] On December 23, 2024, it was announced that Paladin Energy had acquired full control of the Canadian company. [3]
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Kayelekera was owned 100% by Paladin (Africa) Limited (PAL), an 85% subsidiary of Australian and Canadian listed Paladin Energy and in July 2009, Paladin issued 15% of the equity in Paladin (Africa) Ltd to the Government of Malawi [3] under the terms of the Mining Development Agreement [4] signed between PAL and the Government in February 2007.