Peninsula Energy on track for commercial uranium production by mid-year
News release
by
Peninsula Energy Ltd
Melbourne, Victoria | May 09, 2023 10:50 AM Eastern Daylight Time
Peninsula Energy Ltd (ASX:PEN) CEO Wayne Heili tells Proactive the company is one step closer to restarting production at Wyoming’s Lance Uranium Project thanks to a construction ramp-up. The uranium miner hopes to flip the switch on one of the largest uranium development assets in the United States, transforming it from an alkaline in-situ recovery (ISR) operation to a low pH ISR operation by mid-2023.
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