WHY SWEDEN?
SWEDISH URANIUM EXPLORATION & DEVELOPMENT OPPORTUNITY
Uranium Resources
Sweden has significant Uranium Resources and a growing nuclear power sector.
Mining Leader
Sweden remains Europe's leading mining nation with 12 operating mines and hundreds of deposits.
2018 Moratorium
In 2018, Sweden imposed a moratorium on uranium exploration and mining, leading to a major setback in the country's uranium sector. This moratorium is now under review and may soon be overturned, potentially revitalising the industry.
2024 POLICY SHIFT
The Swedish government has announced plans to remove the uranium exploration and mining moratorium, making the country a top uranium exploration and mining-friendly jurisdiction.
This policy shift comes at a time when nuclear power is globally recognised as essential for achieving Net-Zero emissions.
The Swedish Government announced plans to remove the uranium exploration and mining moratorium, which will reinstate Sweden as one of the top uranium exploration jurisdictions.
This policy shift coincides with the global recognition of uranium’s importance for achieving Net-Zero carbon emissions.
Sweden currently produces 30% of its electricity from 6 active nuclear reactors and plans to construct a further 10 nuclear reactors over the next 20 years.
A change in stance to be uranium mining and exploration friendly.
In 2024, the Swedish government announced plans to remove the uranium exploration and mining moratorium, positioning Sweden to become a top uranium exploration and mining-friendly jurisdiction.
This policy shift comes during a global recognition that nuclear power is crucial for achieving Net-Zero emissions.
GLOBAL IMPORTANCE OF SWEDISH URANIUM DEPOSITS
Source: BCC, Company Fillings and websites as at 27 January 2012
Resource – U3O8 Mlbs
GLOBAL IMPORTANCE OF
SWEDISH URANIUM DEPOSITS
No Data Found
Global uranium projects
Viken and Tåsjö Deposits (District Metals)
Häggån Deposit (Aura Energy)
GOVERNMENT POLICY SHIFT
• Reversal of nuclear power shut down policies
• Increased focus on nuclear power for low emission power generation
• Potential for increased uranium demand and exploration
Sweden is materialising as a leading destination for uranium exploration, attracting investments from companies like Aura Energy and District Metals.
COMPARABLE URANIUM PROJECTS
DISTRICT METALS TÅSJÖ PROJECT
+75Mlbs U3O8
In-situ value: $5 billion
AURA ENERGY HÄGGÅN PROJECT
+750Mlbs U3O8
In-situ value: $50 Billion+
District Metals Viken Project
+1,000Mlbs U3O8
In-situ value: $75 Billion+