Under the terms of the agreement, more than 2.8Mlb of uranium will be delivered beginning in 2012 and extending through to 2016.
Paladin Energy has been engaging with a number of parties in relation to new sales contracts and reasonably expects to enter into further term agreements in the coming months.
The Langer Heinrich Stage 3 expansion is near completion with commissioning and staged ramp-up progressing well.
On completion of the expansion, the Langer Heinrich Stage 3 project will increase its annual output of uranium from 3.7Mlb to 5.2Mlb.
