URANIUM
Aim- and ASX-listed Aura Energy and uranium trader and investor Curzon Uranium have agreed to restructure their uranium offtake agreement, materially increasing the price receivable for planned uranium production and releasing significant value for Aura’s Tiris uranium project, in Mauritania. The average fixed-price contract price increases by 70% to $74.75/lb of uranium ore concentrate (U3O8) from $44.09/lb of U3O8, subject to a final investment decision being made by March 31, 2025.
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