Paladin Energy Ltd (Paladin) is an Australia-based uranium production company with projects in Australia and two operating mines in Africa. The Company’s projects include Langer Heinrich Project, Kayelekera Project, Bigrlyi Project, Angela Uranium Project, Manyingee Project and Oobagooma Project. The Langer Heinrich Project is located in the Namib Desert, 80 kilometers east of the seaport of Walvis Bay and about 40 kilometers south-east of Rossing uranium mine (Rossing Project). The Kayelekera Project is located in northern Malawi, 52 kilometers west of the provincial town of Karonga. The Company’s subsidiaries include Paladin Finance Pty Ltd, Northern Territory Uranium Pty Ltd, Paladin (Africa) Ltd, Mount Isa Uranium Pty Ltd, Langer Heinrich Uranium (Pty) Ltd, Paladin Energy Minerals NL and Paladin Nuclear Ltd. In April 2009, Paladin Energy Limited completed the compulsory acquisition of 97% interest in Fusion Resources Limited.