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Aura Energy Boosts Tiris Uranium Reserves by 49%, Eyes 2025 Final Investment Decision

7:03pm on Monday 2nd of June, 2025 AEST Mining
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Aura Energy Boosts Tiris Uranium Reserves by 49%, Eyes 2025 Final Investment Decision

7:03pm on Monday 2nd of June, 2025 AEST
Key Points
  • Tiris Uranium Project Ore Reserves increased by 49% to 33.6 million pounds U3O8
  • Alternative production scenarios show potential to increase output to 3 million pounds per annum with improved economics
  • Swedish government recommends lifting uranium mining ban, benefiting Aura's Häggån Polymetallic Project
  • Project funding discussions advanced with strategic investors and debt providers, including new major shareholder Sachem Cove Partners
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