Laramide Resources has acquired exploration licences in two Swedish uranium regions, Hotagen and Arjeplog-Arvidsjaur.
The move gives the company, which is active in uranium development and exploration in the US and Australia, a presence in one of Europe’s most prospective areas for uranium resources.
The licences cover areas featuring geological formations with numerous recorded uranium occurrences and deposits. Notable sites include the Kläppibäcken and Pleutajokk uranium deposits.
These districts have previously been explored over several decades by government bodies and various industry participants and are considered to be among the most significant uranium-bearing regions in Sweden.
Laramide Resources’ acquisition comes after recent changes to Swedish legislation, which once again allows for uranium mining activities.
The Arjeplog-Arvidsjaur uranium province features multiple vein and metasomatic uranium occurrences, including the Pleutajokk deposit.
The area has historically been recognised for its concentration of uranium-bearing systems.
The Hotagen district, covered by the new licences, also contains a number of known uranium sites such as the Kläppibäcken deposit.
This area has been highlighted in international uranium mineral deposit compilations as one of Sweden’s key uranium prospects.
Laramide Resources president and CEO Marc Henderson said: “Sweden has undergone one of the most significant policy shifts in the global uranium sector.
“In a relatively short period, the Swedish Government has restored uranium mining, modernised the regulatory framework and reaffirmed nuclear energy as a cornerstone of the country’s long-term energy strategy.
“We believe these reforms represent a transformational shift for Sweden’s mining sector and have created an attractive opportunity to establish a strategic position within an emerging European uranium supply chain.”
In July 2025, Laramide Resources, through its Australian subsidiary Tackle Resources, received approval from the Queensland Government for a mineral development licence for the Westmoreland uranium project.
