Aura Energy welcomes changes to Sweden's Nucleur Activities Act
Australia- and London-listed Aura Energy has welcomed the enactment, in Sweden, of legislation to amend that country's Nuclear Activities Act. Under the terms of the revised legislation, uranium mining is no longer regulated as a nuclear facility, meaning uranium extraction no longer requires explicit municipal consent.
Aura points out that this is the second piece of legislation intended to facilitate the development of uranium mines in Sweden and follows the removal of the ban on uranium exploration and mining, which took effect in January this year.
It also follows the Geological Survey of Sweden's April 2026 proposal to designate the Häggån deposit as a deposit of national interest for valuable substances or materials.
Aura owns the Häggån deposit through its subsidiary Vanadis Battery Metals.
It states on its website that the deposit is an asset of global significance and important for Sweden and Europe, with the potential to deliver necessary and reliable supply of critical minerals that will help transform the continent’s economy.
Aura is also developing uranium mining assets in Mauritania.
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