Latest Breaking News On - Lance project - Page 16 : comparemela.com

2021-02-16 by Proactive Australia Peninsula Energy Ltd (ASX:PEN)(OTCMKTS:PENMF)(FRA:P1M) is sticking to its US focus with a clear pathway to resume uranium production at its flagship Lance Project in Wyoming, US, the only US-based uranium project authorised to use the industry-leading, low-cost, low pH In-Situ Recovery (ISR) process. The company is also the only ASX-listed uranium company that has the immediate ability to take advantage of US government programs supporting domestic uranium mines. In the US, there is bipartisan political support for a long-term buying program from US uranium mines. A total of US$75 million has been approved in the US 2021 financial year budget to purchase US-produced uranium.

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