Aura Energy Limited (AU:AEE) has released an update.
Aura Energy Limited is advancing the Tiris Uranium Project in Mauritania towards production, with strategic debt and investment funding processes in place following positive economic findings from their recent Front End Engineering Study. The company is gearing up for a potential mining decision by the end of 2024, focusing on de-risking development and maximizing shareholder value through optimal financing. Aura’s recent engagement with Orimco and Macquarie Capital aims to secure a comprehensive financial package for the project.
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