Sweden
-
District Responds to Swedish Government’s Uranium Mining Announcement: Legislative Proposal Heads to Parliament
District Metals (DMXCF) announced that the Swedish Government intends to submit a proposal to Parliament in Q4 2025 to remove the uranium mining ban, potentially effective January 1, 2026. This would allow uranium exploration and extraction under the Minerals Act, treating it like other minerals. The move follows a government inquiry and would enable permit applications under specific conditions. CEO Ainsworth is optimistic, citing increased investor attraction, though parliamentary approval and permit details are still pending.
