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How Is Peninsula Energy Resetting Uranium Sales and Financing Lance’s Ramp-Up?
2:21pm on Monday 28th of July, 2025 AEST
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Mining
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How Is Peninsula Energy Resetting Uranium Sales and Financing Lance’s Ramp-Up?
2:21pm on Monday 28th of July, 2025 AEST
Key Points
Central Processing Plant commissioning progressing with hot commissioning planned
Five of six uranium sales contracts mutually terminated to de-risk business
Key regulatory approvals obtained for Kendrick Project area uranium recovery
Secured $15 million debt facility with $10 million drawn to fund ramp-up
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