The proposal follows the conclusions of a government application Completed in December 2024, which recommended that Uranium is treated under the same legal framework as other concession minals.
That recommendation was assessed by the Council of Legislation in June 2025, so that the road for parliament was released to consider a withdrawal.
The prohibition, in 2018, prevented the issue of new permits for uranium exploration or mining and stopped the development of projects despite the considerable uranium potential of Sweden.
Climate and Environment Romina Pourmokhtari said in February last year that the prohibition had become an obstacle for both the mining sector of Sweden and the energy transition.
“It must be legal to take care of the Swedish uranium that is already off the ground; it is completely incomprehensible that the miners had to treat it as waste,” Pourmokhtari noted.
If legislators approve the changes, Uranium would again qualify as a mineral concession under the Minerals Act. This would enable companies to apply for exploratory permits and to process concessions, provided that they meet the same regulatory conditions that apply to other metals and minerals.
Civil servants and politicians from the industry have argued that the removal of the ban will also help to unlock deposits of critical minerals that often occur next to uranium.
Mats Green, group leader in the Economic Business Committee of the moderate party, welcomed the move and called the prohibition incorrectly from the beginning.
“The ban on uranium extraction was wrong when it was introduced – the fact that we are now removing it is positive for Sweden like an industrial and my nation,” he said.
The policy shift comes when Sweden strives for a broader revival of nuclear energy.
In November 2023, Parliament A long -term cap removed About the number of nuclear reactors and authorized construction at new locations.
Nowadays, six reactors deliver about a third of Sweden’s electricity, with the country importing almost all its nuclear fuel.
The possibility of renewed uranium development has attracted interest from international companies.
In June, Australian companies Aura Energy (AEE, AIM: Aura, OTC Pink: Aueef) and Neu Horizon Uranium have plans to work together on Swedish uranium projects if the prohibition needs to be canceled.
Aura Energy checks the Häggån deposition in Jämtland, described as one of the world’s largest undeveloped uranium sources with a derivative 800 million pounds enclosed U3O8. Neu Horizon Uranium has a portfolio of projects in important mineralized regions of the country.
District metals (TSXV: DMX), a Canadian company with great exploration in Sweden, also welcomed the government’s announcement.
Garrett Ainsworth, Chief Executive Officer of the District, said in a statement: “We are pleased to see that the Swedish government is moving forward with the removal of the uranium ban. It is clear that the ambition of the Swedish government is to create a regulatory framework where Uranium is treated in the same way as other metals and minerals and with the same permit requirements.”
District has the Viken Energy Metals deposit, located in Central Sweden, which it describes as the greatest undeveloped estimate of the mineral resources of uranium in the world. The deposition also contains significant quantities, molybdenum, nickel, copper, zinc and other critical raw materials.
Although the approval is not guaranteed, after its earlier success, the Government Momentum has the oversight of limitations on the construction of nuclear reactor. If adopted, the new law would mark the first time since 2018 that companies can apply for uranium explorations in Sweden.
The legislative proposal is expected to reach parliament before the end of 2025.
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Publication of securities: I, Giann Liguid, has no direct investment interest in a company mentioned in this article.
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