Aura Energy Joins Forces with Neu Horizon as Sweden Eyes Uranium Mining Revival

Key Highlights:

• Aura Energy signs collaboration deal with Neu Horizon Uranium to develop Swedish uranium sector
• Sweden moves closer to lifting uranium mining ban, aiming to double nuclear energy capacity
• Aura’s Häggån deposit ranks as the world’s 4th largest uranium resource at 800M lbs U₃O₈
• Aura Energy gains strategic exposure with A$100K investment in Neu Horizon
• Potential 2025 investor symposium in Stockholm targets global interest

Aura Energy Rides the Swedish Wave as Uranium Ban Reversal Gains Momentum

Aura Energy Ltd (ASX: AEE) has positioned itself at the forefront of Sweden’s nuclear energy ambitions, announcing a landmark collaboration with Neu Horizon Uranium Ltd aimed at revitalising the Scandinavian nation’s uranium sector. The announcement, released today, marks a significant strategic pivot for Aura as Sweden edges closer to lifting its longstanding uranium mining ban, a move that could unlock vast energy and economic potential.

Aura will invest A$100,000 for a minority stake in Neu Horizon, an Australian-based unlisted public company focused on advancing high-potential uranium assets in Sweden. Together, the companies will drive government engagement, technical cooperation, and joint promotional activities, including a 2025 investor symposium in Stockholm—a clear signal to global markets that Sweden’s uranium industry is gearing up for a renaissance.

Aura’s flagship Häggån deposit, holding 800 million pounds of contained U₃O₈, is one of the largest undeveloped uranium resources globally. As Sweden aims to double its nuclear capacity and reduce dependence on uranium imports, Aura’s position is both strategic and timely. The country currently generates one-third of its electricity from nuclear power but relies entirely on imports, highlighting the critical role domestic uranium could play in bolstering energy security.

Neu Horizon, meanwhile, brings to the table a portfolio of promising projects, including the Vilhelmina, Ravenberget, and Gillberget deposits—assets that hold significant exploration upside. Their upcoming ASX listing, anticipated by late 2025 or early 2026, is expected to attract further investor attention as regulatory reforms in Sweden progress.

Shares of Aura Energy edged 4% higher to $0.13 on Monday, trading at the upper end of their 52-week range ($0.097–$0.185). The company’s market cap stands at approximately $116 million, with investors closely watching developments in both Sweden and Aura’s Tiris Project in Mauritania, where Aura aims to transition from explorer to producer in the burgeoning uranium market.

As Sweden advances legislative reforms, the Aura-Neu Horizon alliance is poised to capitalise on a once-in-a-generation opportunity to establish a robust uranium industry—one that could reshape Europe’s energy landscape and propel Aura’s long-term growth story.