Antinuclear

BHP blaming govt for uncertain future of uranium mining

he told an uranium summit in Perth that the project was “under review”,

BHP says Western Australia uranium project ‘under review’ Mining Weekly  Esmarie Swanepoel 11th May 2010 PERTH  The world’s biggest diversified miner BHP Billiton plans to move its Yeelirrie uranium project, in Western Australia, to feasibility study stage by the end of this year, GM Andrew Shook said on Tuesday.

However, he told an uranium summit in Perth that the project was “under review”, following the government’s plan to introduce a 40% resources tax on super profits starting in 2012.

Yeelirrie is BHP’s second uranium project in Australia, following in the footsteps of Olympic Dam, in South Australia. BHP says Western Australia uranium project ‘under review’

May 12, 2010 - Posted by Christina Macpherson | business, uranium, Western Australia | antinuclear, Australia, BHP, BHP Billiton, uranium