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NordX Metals applies for 34,459 ha uranium exploration licence in Sweden after confirming high-grade targets.

Market News
15 Oct 2026
Newsfile Corp
View Source
Bullish
NordX Metals applies for 34,459 ha uranium exploration licence in Sweden after confirming high-grade targets.

NordX Metals has applied for a new 34,459 hectare exploration licence to expand its Norr Döttern uranium project in northern Sweden, following radon surveys that confirmed historical targets and revealed new anomalies. Assay results from resampled historical core at the Långträsk prospect confirmed high-grade uranium mineralization, with intervals up to 4.4 meters at 1,305 ppm U3O8. The company sees district-scale potential and plans to advance exploration and drilling at both Norr Döttern and its Flistjärn project. This expansion aims to cover similar geological structures along a known uranium province, potentially increasing resource prospects.

NordX Metals' uranium project expansion news comes as the Basic Materials sector on Pluang shows mixed performance. For readers following this sector, here is Pluang's market snapshot as of Oct 15, 2026 14:02 WIB: out of 83 priced US stocks, 37 rose and 45 fell. Notable movers include IAUX at USD 1.45 with a 1-day change of -6.17% and 100% buy order activity, IAG at USD 17.22 down 5.75%, and NG at USD 6.32 down 4.68% with 100% buy order activity and a typical hold time of 0 days.

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