Join our daily newsletter At The Bell to receive exclusive market insights
- Aura Energy (AEE) completes the first phase of the net zero emission study for uranium production at Tiris, located in Mauritania, Northwest Africa
- The study, undertaken by the Wood Group, calculated total greenhouse gas (GHG) emissions at 16,600 tonnes of carbon dioxide equivalent
- This represents about 0.15 per cent of the total GHG emissions of Mauritania per annum
- Aura aims to achieve net zero carbon emissions at the project and will continue to review and implement the net zero emission pathway over the coming period
- On market close for the day, Aura was in the grey and trading at 30.5 cents per share
Aura Energy (AEE) has completed the first phase of the net zero emission study for uranium production at Tiris, located in Mauritania, Northwest Africa.
The study was undertaken by the Wood Group and calculated total greenhouse gas (GHG) emissions at 16,600 tonnes of carbon dioxide equivalent, representing about 0.15 per cent of the total GHG emissions of Mauritania per annum.
This strengthens Tiris as a source of uranium products with low GHG emissions, enhancing the positive emission reduction potential and sustainability of nuclear energy.
“We are very pleased to have completed the first phase of the Net Zero Emissions Study, with the Emission Study clearly defining a Net Zero Pathway, as Aura continues to transition from a uranium explorer to a uranium producer,” CEO Will Goodall said.
“As countries globally strive to meet net zero emission targets, we believe nuclear energy is the leading solution to decarbonisation. Aura is highly committed to meeting Environmental, Social and Governance (ESG) practices to reduce carbon emissions at Tiris, but also in delivering positive and lasting societal impacts in Mauritania.”
Aura is strongly committed to ESG practices and aims to create real and lasting benefits through uranium production at Tiris.
Aligning with global targets for carbon neutrality, the company aims to achieve net zero carbon emissions at the project and will continue to review and implement the net zero emission pathway over the coming period.
On market close for the day, Aura was in the grey and trading at 30.5 cents per share.
