EPISODE · Jun 2, 2026 · 25 MIN
District Metals Reveals the Scale of Sweden’s Viken Deposit
from Mining Stock Daily · host Trevor Hall
District Metals has released a standout preliminary economic assessment for the Viken Deposit in Sweden, outlining a multi-metal project with robust economics driven by uranium, vanadium, potash, and critical minerals. CEO Garrett Ainsworth discusses the headline numbers, including a nearly $3 billion after-tax NPV, negative uranium production costs due to byproduct credits, and why the PEA only contemplates mining roughly 3% of the total resource base. The conversation also explores Sweden’s evolving permitting framework, the growing strategic demand for vanadium and uranium, and how District plans to continue advancing Viken through additional drilling, environmental work, and economic impact studies aimed at strengthening local and national support for the project.
What this episode covers
District Metals has released a standout preliminary economic assessment for the Viken Deposit in Sweden, outlining a multi-metal project with robust economics driven by uranium, vanadium, potash, and critical minerals. CEO Garrett Ainsworth discusses the headline numbers, including a nearly $3 billion after-tax NPV, negative uranium production costs due to byproduct credits, and why the PEA only contemplates mining roughly 3% of the total resource base. The conversation also explores Sweden’s evolving permitting framework, the growing strategic demand for vanadium and uranium, and how District plans to continue advancing Viken through additional drilling, environmental work, and economic impact studies aimed at strengthening local and national support for the project.
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District Metals Reveals the Scale of Sweden’s Viken Deposit
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