- John Carr named as president to Aura’s executive team
- Spencer Davey joining as CFO in early November
- Jeremy Carter becomes chief strategy officer
- Phil Mitchell remains executive chair and leads Tiris financing through to close.
- Pilot plant construction under way at Bir Moghrein
Aura Energy (ASX: AEE) has named the team set to take the Tiris uranium project in Mauritania from study to construction.
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Amongst the key appointments is Fortescue executive Spencer Davey who is joining Aura as CFO, John Carr who becomes president and Jeremy Carter who has been named as chief strategy officer.
The move has been made with the project’s bankable feasibility study (BFS) on track for release by mid-October.
Two of the three new executives have worked on Tiris all year, and the third has spent 15 years financing and selling resource assets.
Mr Carr has led Aura’s technical and operating work as chief adviser, operations since March 2026. He oversaw the test work, technology selection and engineering supporting the BFS. As president, he runs the business day-to-day and leads the executive team.
Mr Davey has been global head of business development and special projects at Fortescue since 2021 He represented the company in selling a 31% stake in the Iron Bridge magnetite project to Formosa Plastics Group for US$1.2 billion.
Mr Carter Jeremy has advised Aura on strategy and technology since November 2025. In April and May 2026 he brought Aura’s process engineers and outside experts to agreement on the Tiris flowsheet. As chief strategy officer he leads two pieces of work that will determine the new uranium province’s long-term competitiveness.
Meanwhile, construction of the Tiris pilot plant is underway at Bir Moghrein.
The testing regime, which is due for completion in early December, will treat each of the three main Tiris ore types and a 48-tonne bulk composite sample. The point is to prove the whole process running as one continuous circuit on real Tiris ore, so potential financiers and their independent technical advisers work from measured plant data rather than laboratory results. Twenty-four Mauritanian operators will run the plant, trained on site during commissioning.
“Tiris is expected to be Mauritania’s first uranium mine and the appointment of John, Spencer and Jeremy is core to the establishment of the team that will build it,” Mr Mitchell said.
“John knows Tiris better than anyone. He has lived in the detail of this project all year. Spencer has done deals at a scale well beyond ours, and we need exactly that at the table with lenders between now and the end of the year. Jeremy is taking on the tyranny of the hydrometallurgical plant. Too many of these plants start slowly and never get lean. We intend Tiris to be the exception, run on good data by young Mauritanians.
“We expect to finish the study in mid-October. Then we focus on funding the mine and building it.”
AEE was steady at 9.2¢ with a Mkt cap of $94.80M prior to markets opening.
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