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Aura Energy Notes Milestone Swedish Legislation Easing Uranium Mining Regulations

MT Newswires·07/16/2026 04:36:17
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04:36 AM EDT, 07/16/2026 (MT Newswires) -- London-listed uranium and battery metals miner Aura Energy (AURA.L) said Thursday the Swedish government enacted amendments to the country's Nuclear Activities Act. Under the revised law, uranium mining will no longer be regulated as a nuclear facility, eliminating the requirement for explicit municipal consent to develop uranium mines. The legislative change follows the Swedish Parliament's approval of the amendments in June as part of a broader overhaul of the country's energy policy aimed at supporting nuclear power expansion.