Michele Kearney's Nuclear Wire

Major Energy and Environmental News and Commentary affecting the Nuclear Industry.

Monday, November 11, 2019

Aura seeks compensation from Sweden after uranium ban

Aura seeks compensation from Sweden after uranium ban: Dual-listed Aura Energy is seeking compensation from Sweden for the financial losses that it incurred as a result of the country’s uranium ban that came into effect in August last year.

Aura provided Sweden a written notification under Energy Charter Treaty (ECT), which is a multilateral legal framework promoting cross-border cooperation in the energy sector, comprising of 54 signatories and presupposes that signatories respect fundamental legal principles.

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