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Paladin Increases Local Supplier Spending Share At Langer Heinrich Mine
Paladin Energy increased the share of its spending with local suppliers in Namibia from 34% to 38% in FY2026, while its community investment declined from US$711,513 to US$333,204.
Local suppliers secured a larger share of Paladin Energy’s spending in Namibia during the 2026 financial year, with their contribution rising to 38% from 34% in the previous year, while the company reduced its community investment by more than half.
The spending is linked to the Langer Heinrich Mine (LHM), Paladin’s uranium operation in the Erongo Region, where the company prioritises sourcing goods and services from businesses based within 100 kilometres of the mine.
In its 2026 annual report, Paladin Energy reported that local procurement accounted for 38% of its total spending in Namibia, compared with 34% in FY2025.
The company also recorded a decline in community investment, which fell from US$711,513 in 2025 Financial Year (FY) to US$333,204 in FY2026.
Paladin said its community investment supports initiatives in areas including youth employment, education, health and wellbeing, and community development.
The company also reported that LHM directly employed 449 people during the financial year, while contractors working at the mine employed more than 1,437 people.
Paladin further stated that 99% of its employees were Namibian nationals.
On skills development, the company reported that the mine continued to provide study assistance, artisan development and workplace training programmes.
These initiatives form part of its efforts to develop practical skills through training and education opportunities.
