Aura picks up the pace on its pathway to uranium production at Tiris

Aura landscape A resource update is imminent, along with key government negotiations in Mauritania and advancing additional finance and offtake discussions. Aura Energy, chief operating officer, Dr Will Woodall An anticipated 300% rise in the world’s electricity demand by 2030 is expected to see uranium demand grow three-fold, with nuclear power forecast to increasingly replace coal as a baseload, near-zero carbon emissions energy source in the global shift towards decarbonisation.

Tiris is described as one of the lowest capex, lowest operating cost uranium projects slated for development.

However, Aura is not only relying on its uranium credentials and is positioning as a new energy company, thanks to the significant vanadium content at Tiris and its complementary Häggån high-grade vanadium and battery metals project in Sweden.

"The importance of Tiris and the other Aura projects will play an important role in the security and stability of energy supply globally," said David Woodall, who […]

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