Brisbane Times
·general
·1 hour ago
Peninsula bags US$56M for Wyoming uranium ramp up
Peninsula Energy secured US$56 million in funding to accelerate uranium production at its Wyoming Lance project. The package includes institutional placements and a convertible note from Washington H. Soul Pattinson. The capital will fast-track Mine Unit 5 development, targeting 1.2–1.5 million pounds annual production by 2028 amid rising global nuclear demand.
Summary by Glance · Brisbane Times
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