Peninsula Energy Limited (AU:PEN) has released an update.
Peninsula Energy Limited is on track to restart uranium production at its Lance Project in Wyoming by late Q4 2024, with construction and wellfield development making solid progress. The company is working round the clock, with key construction milestones reached and wellfield infrastructure for its Mine Unit 3 approximately 80% complete. This operational milestone aligns with growing global demand for clean energy sources as countries aim for decarbonization.
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