Aura advances Tiris uranium studies and secures funding as Häggån gains strategic status

Aura Energy ( (AU:AEE) ) just unveiled an update.

Aura Energy reported steady progress on its Tiris Uranium Project in Mauritania during the March quarter, advancing engineering work to de-risk the process flowsheet and confirm effective dewatering options. The company’s technical program validated centrifuges for pre-leach dewatering and both centrifuges and horizontal vacuum belt filtration with polymer-assisted agglomeration for post-leach material, paving the way to finalise the optimal configuration and complete a bankable feasibility study in the third quarter of 2026.

The group also strengthened its balance sheet with a A$20 million equity placement to fund ongoing test work, basic engineering and Strategic Financing Plan preparation for Tiris. In Sweden, Aura received a boost as the Geological Survey formally proposed designating the Häggån polymetallic project as a resource of national interest, enhancing its strategic profile amid robust uranium market fundamentals and rising government recognition of nuclear fuel as a critical mineral.

The most recent analyst rating on (AU:AEE) stock is a Buy with a A$0.38 price target. To see the full list of analyst forecasts on Aura Energy stock, see the AU:AEE Stock Forecast page.

More about Aura Energy

Aura Energy is an Australia-based mineral development company focused on uranium and polymetallic resources, with listings on the ASX and AIM. Its flagship asset is the Tiris Uranium Project in Mauritania, targeting low-cost uranium production for growing nuclear fuel demand, while the Häggån project in Sweden offers exposure to strategic battery and critical metals in a European jurisdiction.

Average Trading Volume: 3,828,477

Technical Sentiment Signal: Sell

Current Market Cap: A$147.8M

For an in-depth examination of AEE stock, go to TipRanks’ Overview page.