Peninsula Energy Advances Uranium Projects in Wyoming

Peninsula Energy Limited (AU:PEN) has released an update.

Peninsula Energy Limited is making significant strides in the construction of its Lance Uranium Projects in Wyoming, with a major operational restart scheduled for December 2024. The ongoing site activities include a 24-hour construction roster, aiming to complete a plant capable of producing up to 2.0 million pounds of uranium annually. With a resource base promising at least a decade of production-ready uranium, the company is well-positioned for substantial future growth.

For further insights into AU:PEN stock, check out TipRanks’ Stock Analysis page.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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