Aura Energy Reports on Vanadium Potential at Tiris Project

Aura Energy (ASX:AEE) has identified the potential for vanadium recovery through technical investigations at the Tiris uranium project.

Further studies and test work are needed to investigate the economic viability of adding a vanadium ion exchange and purification circuit to the Tiris project. However, the project’s value would benefit if vanadium recovery could be achieved.

Peter Reeve, Aura’s executive chairman, commented:

The potential for vanadium recovery at the Tiris Uranium Project is an exciting initiative which highlights the ongoing culture of innovation and strong science within Aura Energy and its team. This has the potential to influence Tiris production costs strongly and takes advantage of a commodity that is currently undergoing a significant resurgence.

As a complementary strategy to the activity at the Häggån deposit in Sweden, this Tiris Vanadium Project will strengthen Aura’s credentials as an important future vanadium producer.

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