Antinuclear

Hope for uranium business success in Western Australia are ill-founded

Analyst cites challenges to WA Govt’s uranium hopes, ABC News,   17 Jul 2014,”………Independent analyst Peter Strachan says the uranium price needs to improve for that aspiration to be achieved.

“I don’t see anything happening in Western Australia until the price looks like it’s improving,” he said.

“All the industry players are saying there’s a fundamental mismatch between supply and demand at the moment.”

He says it may be some time before the uranium price improves.

Mr Strachan says the public perception of the industry also needs to change for the Government’s dream to become a reality.

“The social licence to operate is pretty well everything these days,” he said.http://www.abc.net.au/news/2014-07-17/analyst-cites-challenges-to-wa-govts-uranium-hopes/5604842

July 19, 2014 - Posted by Christina Macpherson | General News