An announcement from Aura Energy Limited ( (AU:AEE) ) is now available.
Aura Energy Limited is advancing its Tiris Uranium Project in Mauritania towards production, with significant progress in securing water resources, appointing key leadership, and exploring funding options. The company has confirmed sufficient water supply for the project, appointed a new General Manager Operations, and is actively pursuing funding opportunities with potential financiers and strategic partners. Engineering activities are on track, with the project expected to commence production in early 2027, contributing to the growing demand for clean nuclear energy and benefiting stakeholders and the Mauritanian economy.
More about Aura Energy Limited
Aura Energy Limited is an Australian company focused on developing metals and minerals to support a cleaner energy future. The company is primarily involved in uranium mining, with its key project being the Tiris Uranium Project in Mauritania.
YTD Price Performance: -3.85%
Average Trading Volume: 104,686
Technical Sentiment Signal: Buy
Current Market Cap: £64.34M
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