AEE 5.41% 17.5¢ aura energy limited

HÄGGÅN battery metal project - value $217 billion

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    The Häggån Polymetallic Project contains significant quantities of cobalt, vanadium, copper, uranium, molybdenum, nickel, zinc and neodymium.

    In the 2012 Scoping Study the project value was US$1.8 billion. This value only incorporated a small portion of the Battery Metals. Todays value is $217 billion.

    During the quarter, Aura continued to focus on development of ‘green’ and ‘Battery Group’ metals, including vanadium, nickel, cobalt, zinc and neodymium, at the Häggån polymetallic deposit in Sweden. Häggån represents one of the world’s largest undeveloped vanadium resources with significant value in nickel, zinc, copper and cobalt, in addition to the previously defined uranium value.

    Aura conducted a study of Häggån’s gross metal content to highlight the significant polymetallic potential of the project and to illustrate the value of these metals at current prices

    Metal Value Distribution Total Metal Current Prices

    Mo $ 7,418,362,500

    Ni $ 7,351,740,000

    V2O5 $ 151,533,704,341

    Zn $ 2,886,622,500

    Cu $ 1,616,677,686

    Co $ 3,007,044,071

    Ag $ 663,721,731

    Nd $ 3,446,651,000

    Base metals $ 177,924,523,829

    U3O8 $ 40,067,500,000

    Total $ 217,992,023,800
 
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