Uranium extraction for a green energy future

Peninsula Energy is North America’s newest fully independent end-to-end producer of yellowcake. Our 100% owned Lance Project is one of the largest uranium projects in the United States. After transitioning to a low cost and environmentally friendly low pH ISR operation, production re-commenced in December 2024. Production rates will continue ramping up in 2025 in coordination with commissioning of the central processing plant facility.

Demand for uranium (U₃O₈) is rapidly growing as a critical part of the green energy mix. Through Lance, Peninsula will provide a secure and sustainable uranium supply for an energy-hungry, low-carbon future.

View video with Managing Director and CEO, Wayne Heili here.