Toro Energy’s CEO touting for investment in uranium industry, despite its slump
Australia has ‘welcome mat’ out for uranium investments, Australian Mining
3 March, 2015 Vicky Validaki Toro Energy, the company vying to develop Western Australia’s first uranium mine, says Australia is in the perfect position to drive a new era or uranium exports to China and India.
Addressing the annual PDAC conference in Toronto overnight, Toro’s managing director Dr Vanessa Guthrie told delegates that emerging powerhouse economies like India and China would drive a massive demand for uranium over the next decade……..
Guthrie said all these new reactors will need Australian uranium, and that the country had a welcome mat out for uranium development and fresh investment in the sector……
But the lagging price of the commodity since the Fukushima tragedy in 2011 has worked to hamstring investment, and drove nuclear sentiment to an all-time low…….http://www.miningaustralia.com.au/news/australia-has-welcome-mat-out-for-uranium-investme
No comments yet.
1 This month
of the week – Disrupting War & Militarism in Oceania. Active solidarity. Radical practice.
Antinuclear 
Leave a comment