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Aura Energy (ASX: AEE) — Company Overview, News & Financial Data

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Company profile

Aura Energy

Aura Energy is a minerals exploration and development company focused on advancing clean energy and critical mineral projects in Mauritania and Sweden. The company's principal activity is the development of its flagship shallow, calcrete-hosted uranium project in Mauritania, aimed at near-term production of uranium oxide for global nuclear power markets. In addition, it holds a major polymetallic project in Sweden containing significant resources of vanadium, uranium, nickel, and zinc for battery storage technologies. The company also holds gold and base metal exploration licenses in Mauritania across prospective greenstone terrain.

Snapshot

Public AUOwnership
2005Year founded
11–50Employees
Fremantle, AustraliaHead office
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Global footprint

Operations

All Locations
Australia

Products and/or services of Aura Energy

  • Uranium Mining & Development: Development of a near-term open-pit uranium oxide production project in Mauritania, targeting shallow calcrete-hosted deposits to supply international nuclear power utilities with low-cost, zero-carbon baseload energy feedstock.
  • Polymetallic Mineral Deposit Development: Evaluation and development of a large-scale polymetallic deposit in Sweden, focusing on the extraction of vanadium, uranium, nickel, zinc, and molybdenum to support European battery storage and green energy manufacturing sectors.
  • Gold Exploration & Permits: Exploration of multiple mineral licenses in Mauritania targeting gold and base metal mineralization across prospective greenstone belt geological formations that show structural similarities to major international gold fields.
  • Vanadium Extraction for Energy Storage: Targeted extraction and processing of vanadium pentoxide from European shale deposits, aiming to provide high-purity battery-grade material for industrial-scale vanadium redox flow batteries and specialized steel manufacturing applications.
  • Uranium Concentrate Processing & Offtake: Engineering and design of uranium beneficiation and leaching circuits designed to process shallow ore deposits into commercial yellowcake product for delivery under long-term international supply agreements.
  • Critical Battery Minerals Exploration: Regional exploration and mineral resource estimation across broad permit areas in North Africa and Northern Europe, identifying critical raw materials essential for decarbonization and energy storage technology supply chains.

Aura Energy executive team

  • Mr. Philip Mitchell BA, BEc, MAExecutive Chair
  • Mr. Mark SomlyayChief Financial Officer
  • Dr. Will R. GoodallChief Development Officer
  • Mr. Andrew D. GroveExecutive Officer
  • Ms. Mindy KuCompany Secretary