ReutersReuters

Australia's Peninsula Energy gains on first yellowcake output at US site

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** Peninsula Energy PEN soar as much as 17.9% to A$0.33, highest since September 3

** Stock marks biggest intraday pct gain since August 6, 2024

** Uranium miner produces first output at Lance Project in Wyoming, USA

** Says it has become fully independent, end-to-end producer of dried yellowcake, or concentrated uranium powder

** PEN falls 65.8% YTD

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