Economy & Markets
3 min read
Paladin Energy (PALAF) Q2 2026 Earnings Call: Full Transcript & Insights
Seeking Alpha
January 21, 2026•1 day ago

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Paladin Energy reported a strong second quarter of 2026, with uranium production at Langer Heinrich increasing by 16% to 1.23 million pounds of U3O8. Sales reached 1.43 million pounds at an average realized price of $71.80 per pound, driven by a robust contract book and a strengthening uranium market. The company also highlighted progress in Canada, specifically at Patterson Lake South.
Paul Hemburrow
MD, CEO & Director
Thank you very much, and hello, everyone. Thank you for joining us today. With me is Anna Sudlow, our Chief Financial Officer; Alex Rybak, Chief Commercial Officer; Melanie Williams, Chief Legal Officer; Scott Barber, Chief Operating Officer; and of course, Paula Raffo, Head of Investor Relations.
I'll provide a brief overview of our Q2 performance, focusing on Langer Heinrich, our progress in Canada and specifically at Patterson Lake South development and our financial position before opening for questions. Let me begin by saying it was a very strong quarter for Paladin, and we couldn't be more pleased with the results.
At Langer Heinrich, we produced 1.23 million pounds of U3O8, a 16% increase in the prior quarter as ramp-up continues to build momentum. We delivered sales of 1.43 million pounds at an average realized price of USD 71.80 per pound, reflecting the quality of our contract book and the improving uranium market
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