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How Peninsula Energy’s Lance Project Is Powering Up Amid Uranium Price Surge

9:46am on Friday 30th of January, 2026 AEDT Mining
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How Peninsula Energy’s Lance Project Is Powering Up Amid Uranium Price Surge

9:46am on Friday 30th of January, 2026 AEDT
Key Points
  • Acidification commenced at Header House 14 in Mine Unit 4, critical for first production
  • Mine Unit 4 expected to contribute 60% of uranium output in 2026 and 2027
  • Commissioning advances at Lance Central Processing Plant with key upgrades completed
  • A$69.9 million equity raise finalised alongside full drawdown of US$15 million debt facility
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