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    Paladin Energy Ltd.-Kayelekera Mine, Malawi; Update on Start-Up-1 Week Delay

    Investing News Network
    Sep. 07, 2011 01:41PM PST
    Company News

    Paladin Energy Ltd (TSE:PDN,ASX:PDN) reports that plant commissioning of the Kayelekera upgrades began 29 August as planned with a 4 day programme to get the plant online.

    Paladin Energy Ltd (TSX:PDN,ASX:PDN) reports that plant commissioning of the Kayelekera upgrades began 29 August as planned with a 4 day programme to get the plant online.

    The press release is quoted as saying:

    With the drying and packaging plant temporarily offline, the additional tank storage needed for collecting the wet uranium precipitate, requires extra reinforcement so that about 4 weeks of production can be held in front of the centrifuge process step. The centrifuge is used to pre-dry the yellowcake to 25% moisture content before sending to Langer Heinrich for final drying and packaging. This reinforcement work is expected to take one week to complete after which plant operation will commence.

    Click here to access the entire news release.

    asx:pdnlanger heinrichtsx:pdnpaladin energy
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