Aura Energy's main Sweden projects are based on the Alum Shales, which have been historically known as one of the largest depositories of uranium in the world. Uranium was mined and extracted from the Shales in the 1960s and the mineralisation also contains significant amounts of molybdenum, vanadium, nickel and zinc.

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West Africa

Aura Energy has a strong landholding in Reguibat in Mauritania and applications in the Tim Mersoi Basin in Niger. The West African region hosts several world class uranium mines. The Tim Mersoi Basin in Niger is one of the world’s major uranium producing regions, while the Reguibat Craton area in Northern Mauritania is shaping up as a major emerging uranium province.

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Aura Energy 17/4/2014:1:34am

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Aura Energy is an Australian based uranium company that has advanced projects with large resources close to the surface in Europe and Africa. Aura holds a total of 860 million pounds (389,000 tonnes) uranium in inferred resources. Its two main projects include: the Häggån Project located in Sweden’s Alum Shale Province, one of the largest depositories of uranium in the world; and the highly prospective Reguibat Province in Mauritania.

Demand for uranium is increasing and the company believes it is well positioned to meet some of this future demand.

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