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Aura Energy Ltd - Melbourne, Australia-based uranium and battery metals developer - Andrew Grove tenders resignation as managing director & chief executive officer, effective immediately. However, he will continue to ‘support’ Aura for six months, ‘consistent with his contract’. Grove was promoted to CEO late January 2024, having joined as a strategic consultant earlier that month. Executive Chair Philip Mitchell ‘has been working closely with Andrew’ and will remain in his current role, assuming responsibility for ‘day-to-day operational management’. Aura says this will ensure continuity, ‘specifically regarding critical current workflows including funding discussions with the US International Development Finance Corporation and potential strategic partners’. Company has started the process to appoint a new lead independent director from among its non-executive directors. ‘Since joining Aura...Andrew has driven and overseen significant progress at our flagship Tiris Uranium project in Mauritania,’ the company says. ‘We are grateful for his significant contribution to progressing the project across all facets. Andrew has also helped position the Haggan polymetallic project for success, at a time when the Swedish government is moving to repeal the ban on uranium mining. The board and management of Aura are grateful to Andrew for his significant contributions, integrity, and dedication throughout his tenure.’ Current stock price: 8.55 pence, down 19% on Monday in London 12-month change: down 10% Copyright 2025 Alliance News Ltd. All Rights Reserved.
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