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Peninsula Energy's Lance uranium project in Wyoming is on track to produce 400,000–500,000 lbs of yellowcake annually, with Mine Unit 4 expected to supply 60% of output in 2026–2027, despite a temporary agitator issue now being resolved under warranty.
Peninsula Energy says its Lance uranium project in Wyoming is on track to produce 400,000 to 500,000 pounds of yellowcake annually, with Mine Unit 4 expected to supply about 60% of output in 2026–2027.
Despite a temporary issue with agitators in the processing plant—now being replaced under warranty—the project remains on schedule, aided by excess plant capacity.
Acidification at key wells is progressing faster than planned, with uranium grades reaching a project-high 352 milligrams per liter.
The company expects resin-to-yellowcake production to begin in weeks, supported by ongoing upgrades including a reverse osmosis plant and completion of phase two ion-exchange units by late March.
The low-pH in-situ recovery method is showing strong performance, with flow rates and recovery exceeding expectations.
El proyecto de uranio Lance de Peninsula Energy en Wyoming está en camino de producir 400,000500,000 libras de yellowcake anualmente, y se espera que la Unidad 4 de la Mina proporcione el 60% de la producción en 20262027, a pesar de que ahora se está resolviendo un problema temporal con el agitador bajo garantía.