REG - Aura Energy Limited - Häggån Deposit Proposed as National Interest

Aura EnergyAnnouncement

24/04/2026 07:00

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RNS Number : 7501B  Aura Energy Limited  24 April 2026

 

 

 

                                                                                                                                          24 April 2026

Häggån Polymetallic Deposit

Proposed as National Interest

 

Aura Energy Limited (ASX: AEE, AIM: AURA) ('Aura' or the 'Company') is pleased
to announce that the Geological Survey of Sweden ('SGU') has formally proposed
designating the Häggån polymetallic deposit ('Häggån') as a national
interest for valuable materials 1  (#_ftn1) .

 

KEY HIGHLIGHTS

·   SGU proposes Häggån be officially designated a national interest for
valuable minerals

·   Designation provides legal protection against activities that could
obstruct future extraction

·   Häggån is uniquely positioned as a key contributor to Europe's clean
energy and industrial future with both uranium as a cornerstone of fossil-free
nuclear energy and the deposit's significant vanadium resource(2)

·   Consultation period with designated stakeholders until 3 June 2026
-with SGU's Director General making the final designation decision following
the referral process, locking in long-term protection for Häggån's
world-class resource base

Why This Matters

SGU is a Sweden's government authority for geological information and the sole
competent authority responsible for designating national interest areas for
valuable substances or materials under Swedish law. SGU's role is to provide
rigorous, evidence-based geological assessments that serve Sweden's national
interests in the short and long term - making its decision to advance this
proposal a significant and independent validation of Häggån's exceptional
mineral endowment.

The SGU's decision to advance this proposal reflects a rigorous,
evidence-based assessment that Häggån satisfies the highest standards of
national importance. The deposit's minerals are of great importance to the
needs of society and security of supply - with uniquely valuable properties
and a well-investigated, thoroughly documented resource base.

Once designated, municipalities and state authorities may not grant permits
for activities that could prevent or significantly hinder the extraction of
these strategically significance mineral resources, locking in long-term
protection for the asset.

Following the consultation period, SGU's Director General will make the final
designation decision - a milestone that would strengthen Häggån's position
as one of Sweden's most strategically significant mineral deposits.

World-Class Critical Metals

SGU highlights that the elements contained in the deposit are of great
importance to modern society, and to Swedish and international industry 2 
(#_ftn2) .

 Uranium          Vanadium       Molybdenum     Nickel
 Essential for    EU Critical    EU Critical    EU Strategic

Nuclear Energy
Raw Material
Raw Material
Raw Material

Aura Energy Executive Chair, Philip Mitchell commented:

"This proposal by the Geological Survey of Sweden confirms once again the
strategic importance of the Häggån deposit - which contains globally
important quantities of uranium and vanadium as well as other minerals.

These are critical for Sweden and Europe's mineral self-reliance, and for
meeting the needs of society and industry. They are also capable of generating
great value for Sweden, for local communities through employment and business
opportunities, and for Aura's shareholders."

ENDS

Authorisation for release

This announcement is authorised for release by the Board of Aura Energy
Limited.

This Announcement contains inside information for the purposes of the UK
version of the market abuse regulation (EU No. 596/2014) as it forms part of
United Kingdom domestic law by virtue of the European Union (Withdrawal) Act
2018 ("UK MAR").

For further information, please contact:

 

 Philip Mitchell        SP Angel Corporate Finance LLP  Tamesis Partners LLP

 Executive Chair        Nominated Adviser               Broker

 Aura Energy Limited    David Hignell                   Charlie Bendon

 pmitchell@auraee.com   Adam Cowl & Devik Mehta         Richard Greenfield

 +44 7771 317302        +44 203 470 0470                +44 203 882 2868

 

Australian investors and media

GRACosway

Bill Frith
Bill.Frith@omc.com (mailto:Bill.Frith@omc.com)

+61 405 144 807

Disclaimer Regarding Forward-Looking Statements

This Announcement contains various forward-looking statements. All statements
other than statements of historical fact are forward-looking statements.
Forward-looking statements are inherently subject to uncertainties in that
they may be affected by a variety of known and unknown risks, variables and
factors which could cause actual values or results, performance or
achievements to differ materially from the expectations described in such
forward-looking statements. The Company does not give any assurance or
guarantee that the anticipated results, performance or achievements expressed
or implied in those forward-looking statements will be achieved. Certain
forward-looking statements in this Announcement include, but are not limited
to, statements regarding the proposed national interest designation of the
Häggån deposit. he SGU's consultation proposal is not a final administrative
decision. Designation remains subject to completion of the statutory referral
process and a final determination by the SGU's Director General. There is no
guarantee that the proposed designation will be confirmed in its current form,
or at all. Such forward-looking statements are based on a number of
assumptions and factors that could cause actual results and achievements to be
materially different, including: the timing and outcome of the SGU's statutory
referral and decision-making process; the outcome of the Swedish Government's
2026 inquiry into the mining of alum shale and any resulting regulatory
changes; future market conditions for uranium, vanadium and other minerals
contained in the deposit; and other general economic, market and business
conditions. Readers are cautioned not to place undue reliance on
forward-looking statements and should note that the assumptions and risks
discussed in this Announcement are not exhaustive.

 1  (#_ftnref1) Swedish Environmental Code (Sw. Miljöbalken), Chapter 3,
Section 7, second paragraph. SGU is the designated competent authority
pursuant to Section 2, paragraph 5 of the Ordinance on Land and Water
Management (SFS 1998:896). SGU Proposal Dnr 31-1326/2024, dated 22 April 2026,
Administrator: Daniel Eklund.

 2  (#_ftnref2) Refer to
https://single-market-economy.ec.europa.eu/sectors/raw-materials/areas-specific-interest/critical-raw-materials_en
(https://single-market-economy.ec.europa.eu/sectors/raw-materials/areas-specific-interest/critical-raw-materials_en)

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