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R/€ = 16.39 Change: 0.22
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Au 1346.53 $/oz Change: 11.01
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Aura produces first uranium samples

23rd May 2019 BY: Marleny Arnoldi
Creamer Media Online Writer

Aim- and ASX-listed Aura Energy has produced its first samples of yellowcake product, as part of its Tiris uranium project’s definitive feasibility study (DFS).

The company said in an announcement on Thursday that the product was regarded as saleable, with impurity levels in the product within the acceptable levels relative to ASTM International standards.

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Aura is conducting its testwork at the Australian Nuclear Science and Technology Organisation’s laboratories.

The precipitation testwork will continue with further optimisation of the product, which is planned in the next stage of work at the lab.

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“The production of yellowcake is a true milestone for Aura’s push to achieve producer status. To achieve yellowcake production from our site in the Sahara Desert has required commitment and stamina from our technical team.

“The yellowcake production is also a key part of the Tiris DFS and will assist in marketing studies and the progression of our financing discussions,” said Aura executive chairperson Peter Reeve.

The Tiris project is situated in Mauritania. 

EDITED BY: Chanel de Bruyn Creamer Media Senior Deputy Editor Online
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