Peninsula Energy Limited, often referred to simply as Peninsula Energy, is an Australian-based company headquartered in Perth, Western Australia. Founded in 2007, the company has established itself in the uranium mining industry, focusing on the development and production of uranium from its flagship project, the Lance Projects in Wyoming, USA. Specialising in in-situ recovery (ISR) technology, Peninsula Energy offers a unique approach to uranium extraction that minimises environmental impact while maximising efficiency. The company has achieved significant milestones, including the successful transition to production and securing key regulatory approvals. With a strong commitment to sustainability and innovation, Peninsula Energy is well-positioned in the global uranium market, contributing to the growing demand for clean energy solutions.
How does Peninsula Energy Limited's carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.
Mean score of companies in the Non-Ferrous Metal Mining industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.
Peninsula Energy Limited's score of 5 is lower than 81% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2024, Peninsula Energy Limited, headquartered in Australia, reported significant carbon emissions associated with its uranium production processes. The company disclosed emissions of approximately 53,400 kg CO2e per tonne of U3O8 produced, alongside an additional 8,000 kg CO2e per tonne linked to sulphuric acid used in its processing plant. However, specific data on Scope 1, Scope 2, and Scope 3 emissions remains undisclosed. Peninsula Energy is committed to reducing its greenhouse gas emissions as part of its climate strategy. The company has set near-term net-zero targets for both Scope 1 and Scope 2 emissions, aiming for reductions between 2023 and 2030. This commitment reflects Peninsula's recognition of its responsibility to mitigate climate change impacts, particularly through the promotion of nuclear energy as a cleaner alternative to fossil fuels. Overall, while specific reduction percentages have not been detailed, Peninsula Energy's initiatives align with broader industry efforts to transition towards sustainable energy solutions.
Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.
Peninsula Energy Limited is not participating in any of the initiatives that we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.