Red-letter day as Peninsula restarts Wyoming yellowcake production

Peninsula Energy restarted its Lance uranium operation in Wyoming, producing dried yellowcake after installing new agitator assemblies. The company maintained its 2026 production guidance between 0.4 and 0.5 million pounds of uranium, supported by a 2 million pounds annual capacity. This milestone follows rectification work completed under a warranty claim after a prior shutdown due to installation issues.

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Summary by Glance · Original reporting by Brisbane Times