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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
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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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