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FINWIRES

Aura Energy Says Swedish Parliament Voted to Amend Nuclear Activities Act; Shares Up 5%

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Aura Energy (ASX:AEE) said the Swedish Parliament voted to amend the country's Nuclear Activities Act and associated legislation, facilitating uranium mine development at the company's Häggån project in Sweden, according to a Wednesday filing with the Australian bourse.

Uranium mining will no longer be classified as a nuclear facility, eliminating the requirement for explicit municipal consent for development, the filing said.

The legislative changes are expected to take effect on July 15, per the filing.

Shares rose 5% in afternoon trade on Wednesday.

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