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Peninsula Energy (AU:PEN) — Company Overview, News & Financial Data

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Company profile

Peninsula Energy

About

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Peninsula Energy (ASX:PEN) is a uranium mining company with a focus on the development and operation of the Lance Uranium Project in Wyoming, USA. The Lance Uranium Project is a high-grade uranium project with a long mine life and significant production potential. Peninsula Energy's operations are focused on the development and operation of the Lance Uranium Project. The company is currently in the process of restarting production at the Lance Uranium Project.

Snapshot

Public AUOwnership
1993Year founded
26Employees
Perth, AustraliaHead office
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Global footprint

Operations

All Locations
Perth, AU

Products and/or services of Peninsula Energy

  • Lance Uranium Project: The Lance Uranium Project is a high-grade uranium project located in Wyoming, USA. It is one of the largest uranium projects in the United States, with a long mine life and significant production potential.
  • Exploration: Peninsula Energy is also exploring for new uranium deposits in Australia and the United States. The company has a number of exploration projects underway, including the Eastern Lance Project and the Karoo Projects.
  • Uranium production: Peninsula Energy is expected to commence production at the Lance Uranium Project in 2024. The company will produce uranium concentrate, also known as yellowcake, which is the intermediate product in the nuclear fuel cycle.
  • Uranium sales: Peninsula Energy will sell its uranium concentrate to nuclear utilities around the world. The company has already signed a number of sales contracts with major nuclear utilities.
  • Commitment to sustainability: Peninsula Energy is committed to sustainable uranium mining. The company is using low-impact in-situ recovery (ISR) mining methods at the Lance Uranium Project.
  • Responsible uranium mining: Peninsula Energy is also committed to responsible uranium mining. The company has a strong track record of environmental performance and community engagement.

Peninsula Energy executive team

  • Mr. Wayne W. Heili B.Sc.MD, CEO & Director
  • Mr. Ralph H. Knode IIICEO of Strata Energy Inc
  • Mr. Willie BezuidenhoutInterim Chief Financial Officer
  • Mr. Jonathan David Whyte B.Com, B.Com., C.A., CACompany Secretary