Antinuclear

BHP reluctant to develop its Western Australian Yeelirrie uranium mining project

Procrastinating BHP pressured over uranium deposit, Rania Spooner May 23, 2012  BHP Billiton has been challenged to develop or sell a West Australian uranium deposit, amid growing speculation it may offload the deposit later this year.

Despite a pro-uranium WA government, BHP Billiton delayed submission of the draft environmental review and management program for its Yeelirrie uranium project in June, citing a failure to meet internal standards and flagging a delay of at least six months. Almost a year later,.. speculation grows that a sell-down of the asset is imminent Kalgoorlie MP John Bowler, the former WA mines
minister, challenged the company to make a decision either way for the
benefit of the state.

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“They are showing every indication that they’re not going to proceed,
at least initially with Yeelirrie,” Mr Bowler said…… Graham
Harris, the shire president of Wiluna, a town 80 kilometres from the
Yeelirrie site and 30 kilometres from Toro Energy’s uranium deposit,
said BHP had hardly shown itself in the town since it announced the
deferral.
“It really is just Toro now,” he said.
“[BHP Billiton] were the pre-runners and I don’t know why they haven’t
pushed on with it.
http://www.theage.com.au/business/procrastinating-bhp-pressured-over-uranium-deposit-20120522-1z3c9.html#ixzz1vk1y5iC6

May 23, 2012 - Posted by Christina Macpherson | business, uranium, Western Australia