Peninsula Energy

Peninsula Energy

  • Location: USA
  • Tickers:
    • ASX:PEN
  • Commodities:
    • Uranium
  • Project Stages:
    • Production

Peninsula Energy Limited is an ASX listed company that wholly owns the Lance Uranium Projects in Wyoming, USA which are in transition from an alkaline in-situ recovery to a low pH in-situ recovery operation, with the aim of achieving the operating performance and cost profile of the industry-leading global uranium production projects.

The alkaline in-situ recovery uranium operations commenced in December 2015 and ceased in July 2019 primarily as a consequence of lower than expected recoveries.  A Feasibility Study on the low pH in-situ recovery process was published in September 2018 and demonstrated the robust economics of the proposed transition.  Since 2018 research studies and a 2019 field trial in a previously mined area have produced results that strongly validate the 2018 Feasibility Study parameters.

The Lance Projects are the ONLY US-based uranium project authorised to use the industry-leading low pH in-situ recovery process.  Over the next 12 to 18 months the focus is on site-specific technical, process development and optimisation activities.

The Company commenced the MU1A low pH field demonstration in August 2020.

Peninsula Energy
ASX
  • asx: pen

    • -0.012 (-4.58%)

* Based on previous 24 hours performance

  • asx: pen

    • -0.03 (-10.91%)

* Based on previous 7 days performance

  • asx: pen

    • 0.11 (81.48%)

* Based on previous 12 weeks performance

  • asx: pen

    • 0.166 (210.13%)

* Based on previous 12 months performance

Open 0.26000 Volume 4725020
High 0.26000 52w High 0.35000
Low 0.24500 52w Low 0.06100
Close 0.24500

* 28 October 2021 (AUD)