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Paladin said that the decision to restart production at Langer Heinrich is supported by strong uranium market fundamentals and continued progress on uranium marketing activities including the execution of a binding contract for the previously announced Tender Award. Paladin pointed out that total project capital expenditures have increased to US$118M on a 100% project basis , primarily driven by recent inflationary pressures across the project supply chain, brought forward power and water infrastructure works and increased owners team costs.
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