Uranium extraction for a green energy future
Demand for uranium (U3O8) is rapidly growing as a critical part of the green energy mix. Our 100% owned Lance Project, one of the largest uranium projects in the United States, is undergoing a project transformation initiative to transition to a low cost and environmentally friendly low pH ISR operation.
Once back in production, the long-life Lance Project will establish Peninsula as a fully independent end-to-end producer, supplying yellowcake product for a green energy future.
View video with Managing Director and CEO, Wayne Heili here.
Lance Projects
Our flagship Lance Project is one of the largest uranium projects in the US, with a JORC (2012) Resource of 53.8Mlbs¹ U3O8 and compelling growth upside through exploration and development of the Barber Resource Area. Once restarted, Lance operations will produce finished product yellowcake for a growing and supply constrained uranium market.
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