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Peninsula resets Lance assets and backs Mine Unit 4

4:11pm on Thursday 24th of September, 2026 AEST • Mining
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Peninsula resets Lance assets and backs Mine Unit 4

4:11pm on Thursday 24th of September, 2026 AEST
Key Points
  • Approximately US$50 million non-cash impairment expected
  • Legacy assets tied mainly to Mine Units 1, 2 and 3
  • No forecast restart of production from Mine Unit 2
  • Capital and operating focus shifts to Mine Unit 4
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