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Aura Energy Advances Tiris Uranium Project Amid Swedish Legislative Developments

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

Aura Energy Limited has reported significant progress in its Tiris Uranium Project in Mauritania, with advancements in hydrogeological testing, funding discussions, and engineering activities, aiming for uranium production by early 2027. Additionally, the company is involved in the legislative process in Sweden to lift a uranium mining ban, which could impact its Häggån Polymetallic Project, while maintaining a strong cash position of A$16.2 million to support ongoing and future project developments.

More about Aura Energy Limited

Aura Energy Limited is a company focused on developing metals and minerals for a cleaner energy future. It is actively working on its Tiris Uranium Project in Mauritania and the Häggån Polymetallic Project in Sweden, aiming to contribute to the energy sector through uranium production and polymetallic resources.

YTD Price Performance: -19.23%

Average Trading Volume: 120,359

Technical Sentiment Signal: Buy

Current Market Cap: £45.97M

Learn more about AEE stock on TipRanks’ Stock Analysis page.

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