Nyunggai Warren Mundine AO supporting uranium mining and energy reactors in Australia, page-3

How is the Mauritania Resource progressing?

According to Aura, it has found a relatively low-cost method to boost uranium ore grade by over 500%, achieved at a pilot facility in 2019.

The same pilot test facility has also demonstrated an ability to rapidly extract uranium from ore at over 95% reclamation, Aura states.

Yellow cake to be produced between July and September

In third quarter 2022, Aura is to begin producing yellowcake uranium powder samples for marketing discussions with unnamed nuclear facilities.

The yellowcake will be produced from the material used in the 2019 pilot plant test run, itself from feedstock mined at the company’s acreage in Mauritania.Aura Energy (AEE) has appointed a new Managing Director and Chief Executive Officer.

The headline result from that pilot plant is that uranium grades were increased from 285ppm uranium per tonne to 1,572ppm uranium per tonne.

David Woodall new Managing Director and Chief Executive Officer stepped into the role from October 17. He is a senior corporate executive with 30 years of experience across exploration, operations, and project development.

He has previously held senior roles at Rio Tinto, Fortescue Metals Group, Newcrest Mining, and Ivanhoe Mines.