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Peninsula’s Lance uranium restart shows stronger grades but weaker flow
6:45pm on Tuesday 29th of September, 2026 AEST
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Mining
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Peninsula’s Lance uranium restart shows stronger grades but weaker flow
6:45pm on Tuesday 29th of September, 2026 AEST
Key Points
US$77.1 million FY2026 loss after impairment and inventory write-downs
Only 25,331 pounds of uranium captured on resin
CY2026 production guidance withdrawn after wellfield ramp-up delays
Auditor flags material uncertainty related to going concern
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