Enhanced uranium recovery at Aurora Uranium Project

Aurora Energy Metals (ASX:1AE) has announced significant advancements in uranium recovery at its Aurora Uranium Project in Oregon, USA. Recent testwork indicates recovery rates exceeding 85% with high acid addition, a notable increase from the 69% previously reported in the 2024 Scoping Study.

Aurora Energy Metals' strategic outlook

Aurora Energy Metals' recent announcement reveals a substantial improvement in uranium recovery rates at their Aurora Uranium Project. By achieving recovery rates exceeding 85% and up to 89% in certain fractions, the company anticipates improved project economics and cost savings. Plans are underway to optimize acid and reagent levels to further enhance recovery and reduce costs. The updated Scoping Study economics are expected to be released in the first quarter of 2025. Aurora continues to explore additional uranium-focused assets while maintaining its strategic interests in the USA and Australia, aiming to supply essential minerals for global energy needs.

Executive insights on uranium recovery advancements

The metallurgical testwork has shown excellent results, with potential to enhance our project economics significantly. We are excited about the upside potential and are committed to further optimizing recovery rates to reduce costs and improve efficiency.