2 UK small-cap stocks I’d buy with £2,000!

I am hoping to receive some funds to invest in a Stocks and Shares ISA. So today I’m putting together a list of the best UK growth stocks that money can buy.

Here are two small stocks that I would like to spend £2,000 on.

High energy sharing

Demand for nuclear power will increase over the coming decades. Energy consumption is increasing rapidly in emerging markets. And governments are stepping up efforts to replace dirty fossil fuels with low-carbon energy sources.

This is why I am considering buying the stock AIM– quoted Energy Aura Kab (LSE: AURA). This British stock owns the Tiris uranium-vanadium resource in Mauritania along with the Häggån project in Sweden which contains uranium, vanadium and potash.

I am most excited about Tiris where production is scheduled to start in 2024. The first production here is scheduled for next year and the business plans to increase production rapidly to exploit the rising demand for uranium.

Update resources

I am very confident about Aura Energy after a recent test at Tiris. Last month, the miner said its measured and shared resources had increased by 52%. This can lead to an increase in production targets.

Setting up a new mining project can be a troublesome and expensive business. Therefore, the road to the first production in Tiris next year could be a long one. But on balance, I think the benefits of buying this small stock outweigh the risks.

Uranium demand is projected to increase to 206m in 2030 and then to 292m in the following decade. This is up from 162 million kilograms in 2021, according to the World Nuclear Association. However, at the same time, the supply of radioactive materials will decrease due to the lack of new mines.

In this scenario, Aura Energy’s prices for its products will increase. This can make the business a good growth share for decades to come.

Another top mining deposit

Like uranium, copper is also expected to suffer from a market deficit that supports prices in the coming years. This is why I was tempted to buy shares Anglo Asian Mining (LSE: AAZ) for my ISA as well.

This small UK stock produces the red metal – along with gold and silver – from assets in Azerbaijan. And plans to pivot its operation closer to copper starting this year because of output supercharges.

Anglo Asian Mining expects to produce 4,100-4,300 tonnes of the industrial commodity in 2023, up from 2,516 tonnes last year. I would like to buy AIM shares even though copper prices may fall in the near term as the global economy cools.

Thanks to themes like urbanization and the growth of green technology, the demand for copper is expected to increase over time. This could send profits in copper stocks like Anglo Asian Mining through the roof.