Aura Energy Limited Quarterly Activities Report for September 2026
Key points
- Appointed leadership team for Tiris Uranium Project
- Progressed Bankable Feasibility Study and pilot plant construction
- Announced post-tax NPV of US$500.3m for Tiris Uranium Project
- Sweden's Nuclear Activities Act amended, removing uranium mining regulation
- Cash of A$10.6 million at 30 September 2026
Full summary
Aura Energy Limited has made significant strides in its Tiris Uranium Project in Mauritania, appointing a new leadership team and advancing the Bankable Feasibility Study (BFS) and pilot plant construction. The BFS, which was released on 16 October 2026, indicated a post-tax NPV of US$500.3 million at a uranium price of US$90/lb U3O8. In Sweden, legislative changes were enacted to facilitate uranium mining, removing it from nuclear facility regulation. The company also reported cash reserves of A$10.6 million as at 30 September 2026.
Guidance
Post-tax NPV of US$500.3m for Tiris Uranium Project, A$10.6 million in cash at 30 September 2026
Outlook
Aura aims to deliver the Tiris Uranium Project into production safely and responsibly, with a focus on funding and building the project. The company also seeks to unlock the value of the Håggån asset in Sweden.
Summary generated by a large language model. Please interpret with care.