Peninsula Energy Ltd

Peninsula Energy Limited (ASX: PEN) is an Australian-based uranium mining and exploration company headquartered in Perth, Western Australia, with a primary focus on the United States energy sector. The company is dedicated to the development and operation of high-grade uranium assets to support the global transition toward sustainable, carbon-free nuclear power. As a publicly traded entity on the Australian Securities Exchange, Peninsula maintains a transparent corporate structure focused on delivering long-term value to its shareholders through responsible resource management.

The company’s flagship asset is the Lance Project, situated in the uranium-rich Powder River Basin of Wyoming, which represents one of the largest and most significant uranium deposits in the United States. Operations at the Lance Project utilize the advanced low-pH In-Situ Recovery (ISR) method, which is recognized for its operational efficiency and lower environmental footprint compared to traditional mining. The project is divided into several key sectors, including the Ross Production Area, the Kendrick Development Area, and the Barber Exploration Area, which collectively provide a substantial resource base for multi-decade production.

Peninsula Energy is strategically positioned as a significant uranium producer, having recently recommenced production at its flagship Lance Project to capitalize on the increasing global demand for nuclear fuel. The company has established a robust commercial foundation through a portfolio of long-term sales contracts with major nuclear utilities located across North America and Europe. Its primary strategic objective is the continued ramp-up of operations at the Lance Project, leveraging its technical expertise and established infrastructure to become a reliable, long-term supplier in the international nuclear fuel cycle.