Rudd govt uranium policy for miners, against environment
NT uranium royalty laws a king hit for environment
Dave Sweeney 10 Sept 09 New uranium mining laws passed by Federal Parliament yesterday put the interests of uranium mining companies ahead of the environment, Indigenous landowners and Australian taxpayers, the Australian Conservation Foundation said.
“The Uranium Royalty (Northern Territory) Act is biased towards Continue reading
Olympic Dam uranium mine: future uncertain
BHP’s dam dilemma: costs rise
The Age BARRY FITZGERALD September 9, 2009
BHP Billiton’s proposed expansion of the Olympic Dam copper/uranium/gold mine in South Australia’s outback is set to become the most expensive ever, with analysts estimating an all up cost of $US15-$US20 billion ($17.4-$23.2 billion)…… Continue reading
Australian a uranium colony of China?
Australian uranium firm wants Chinese takeover
ABC News By Louisa Rebget
An Australian-based uranium explorer says its proposed takeover by a Chinese company would open Australia up to the growing Chinese nuclear power market. Continue reading
China seeking strategic control of Australia’s uranium
Uranium follows rare earths as China eyes strategic control
Robin Bromby | September 08, 2009Article from: The AustralianFIRST rare earths, now uranium. It seems the Chinese are determined to get control of key strategic metals – and Australia seems to be welcoming the idea.
Chinese companies have effectively moved to take control of the two most advanced rare earths projects here (although one is still subject to approval by the Foreign Investment Review Board).
And, as we saw this morning, uranium is also high on Beijing’s shopping list. It is proposed that China Guangdong Nuclear Power (CGNP) will acquire 70 per cent of Energy Metals (EME) which has the Bigrlyi uranium project in the Northern Territory, where there is already a JORC-compliant economic uranium resource (as well as vanadium). This is almost certain to succeed because Jindalee Resources (JRL) owns 40 per cent of EME and has agreed to the deal…………………..
it’s still cheap as chips for what could be Australia’s next uranium mine to be developed. CGNP has four operating nuclear power stations and what better for it than to control its own mines, rather than have to be at the mercy of the open market?
Uranium follows rare earths as China eyes strategic control | The Australian
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