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Paladin Energy (PDN) investor relations material

Paladin Energy AGM 2025 summary

Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.
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AGM 2025 summary18 Nov, 2025

Opening remarks and agenda

  • Meeting opened with introductions of board members, executives, and auditors, and acknowledgment of traditional land custodians in Australia, Namibia, and Canada.

  • Noted the dual-listing on ASX and TSX and welcomed new Canadian shareholders following the Fission Uranium acquisition.

  • AGM held on 18 November 2025, focusing on operational, financial, and strategic updates.

Financial performance review

  • Achieved US$177.7M in sales revenue for FY2025, with US$269M in cash and investments as of 30 September 2025.

  • Completed A$300M equity raising and A$100M share purchase plan, enhancing balance sheet flexibility.

  • Successful equity raising in December and October added AUD 400 million to the balance sheet, supporting project development and ramp-up activities.

  • Langer Heinrich Mine produced 3.0Mlb U3O8 in FY2025, with an average realised price of US$65.7/lb and production cost of US$40.2/lb.

  • Maintained a strong contract book with 14 global utility counterparties and achieved average realized prices $3–$6/lb higher than major competitors.

Board and executive committee updates

  • Leadership transition completed with Paul Hemburrow appointed as MD and CEO, and Dale Huffman and Scott Barber joining as President of Paladin Canada and COO, respectively.

  • Two new non-executive directors, Anne Templeman-Jones and Michelle Buchignani, joined the board and stood for election.

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Frequently asked questions

Paladin Energy Ltd is principally engaged in the development and operation of uranium mines. The Company operates through two segments, namely Africa (which comprises operations in Malawi, Namibia and Zambia) and Australia (which comprises operations in Queensland). It operates approximately two uranium mines: the Langer Heinrich mine located in Namibia and Kayelekera Min, located in Malawi. The company was incorporated in 1993 and is based in Perth, Australia.

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