Energy Resources of Australia facing grim financial report on uranium mining drop
Reports gauge damaging La Nina summer rain’s cost | The Australian, Matt Chambers, April 11, 2011″…..ERA, which reports tomorrow, has the biggest potential to give the market a negative shock, as far as Rio’s results go. UBS is expecting a 55 per cent drop in uranium production from the previous quarter to 525 tonnes….”Reports gauge damaging La Nina summer rain’s cost | The Australian
No finance for impossibly costly nuclear power in Western Australia
why is it that no investor wants to put their own money into building a nuclear power station in Western Australia?….It’s not the environmental movement that is preventing nuclear power becoming available in Western Australia, it is merchant bankers!
The myth of Nuclear Energy for WA, Wangle April 4th, 2011 By Bill Johnston MLA The current situation in Japan has given pause to the calls from some people that nuclear energy will fix Western Australia’s energy problems. However, it will not be long before we see those comments beginning again.
This is accompanied by the implication that it is somehow the environmental movement that is holding back this nuclear energy nirvana. Continue reading
Australia’s trade hit by Japan’s nuclear crisis
“Japan’s nuclear situation and power shortages continue to weigh on international financial markets and may prolong the impact of this crisis on the global economy.”……
Japan disaster to cost Australia $2b, ABC News (Australian Broadcasting Corporation), 4 April 11, “…..Japan is Australia’s second largest trading partner, but its economy has been hit hard by the deadly tsunami and ongoing nuclear crisis… Continue reading
Fukushima, not the NT govt, is killing the uranium industry
The uranium mining industry is out of step with public opinion, and with the realities of the collapsing uranium market.
The Northern Territory is the heart of Australia’s tourist industry. The last thing it needs is to have a dirty, uneconomic market flop of a uranium mine – damaging its natural environment, and killing the tourist industry.
It’s not the Northern Territory govt that is stopping investment in uranium mining – it’s the unfolding Fukushima nuclear disaster. – Christina Macpherson
Uranium mine resistance ‘sends bad message’ ABC The Minerals Council of Australia says the Northern Territory Government’s decision to oppose a mine near Alice Springs will deter the industry from investing……. “It send a very bad message to the industry and paints the NT in a very poor light.”…
Uranium mine resistance ‘sends bad message’ – ABC News (Australian Broadcasting Corporation)
South Australian Premier STILL touting uranium industry
Progress toward Roxby mining expansion welcomed ABC News (Australian Broadcasting Corporation) Mar 31, 2011 Premier Mike Rann says a feasibility study marks a significant step toward expansion of Olympic Dam mining in outback South Australia. Continue reading
BHP Billiton gambles on China’s nuclear boom
BHPB will have to spend something like $30-35 billion on the project and dig up a rather large part of SA.
It will not want to wake-up, so to speak, in eight years or so after it’s spent the money, to find the China boom has evaporated.
BHP Billiton to bank on big boom | Herald Sun, 31 March 11, BHP Billiton is on the brink of a huge, huge bet that the China-driven resources boom will just keep expanding and be joined by the Indian-driven one.It will also make a huge bet that the Japanese nuclear problem will figuratively speaking blow over.
Barry Brook reassures on the future of the nuclear industry
Professor Barry Brook, the director of Climate Science at Australian University of Adelaide’s Environment Institute, said that the crisis will lead international governments to improved measures to protect nuclear plants against extreme natural events, but is unlikely to cut down the use of nuclear power…..”I think overtime people will become more understanding of small risk and big benefits that nuclear brings,”
Japan’s nuclear crisis is mainly public panic, not radiation risk: Australian expert By Vienna MaCANBERRA, March 26 (Xinhua) — Japan’s nuclear crisis was mainly public panic, not radiation risk, an Australian expert told Xinhua, expressing optimism over the future development of international nuclear industry. Continue reading
Australia touted as global centre for uranium industry
in WA last week the state Labor Party announced it would review its anti-nuclear stance, with a report due to be released in June………nuclear power and the uranium industry is not going to be hit as hard as many thought even a fortnight ago.
Uranium watch shows the future is still nuclear, Sydney Morning Herald James KirbyMarch 27, 2011 “..….Australia is a global centre of uranium production. Continue reading
Gladstone “ideal” for Australia’s first nuclear power plant
Chairman backs nuclear power |Gladstone Observer, 26 March 11, NUCLEAR power is a crucial ingredient in Australia’s energy future, says Everald Compton, chairman of the Australian Transport and Energy Corridor.“I am a total believer in the fact this country should have nuclear power,” he said yesterday.Speaking at the Region of Choice Summit in Gladstone, Mr Compton said Australia was well-positioned to establish nuclear power plants.
He said Gladstone could be an ideal region to act as pioneer, although he acknowledged it would take somebody “courageous” to campaign for the move towards nuclear……Chairman backs nuclear power | Gladstone News | Local News in Gladstone | Gladstone Observer
Ziggy’s nuclear plans for Tasmania now thwarted
It all seemed a long way from the heady days of December 2006, when former Telstra head, nuclear physicist and chairman of the Australian Nuclear Science and Technology Organisation, Ziggy Switkowski, produced a report for the Howard government on the prospects and opportunities for nuclear power in Australia.
He concluded 25 nuclear reactors could be built around Australia’s coast….One nuclear power plant was pencilled in for the Tamar River north of Launceston or on the nearby Bass Strait coast, near the undersea Basslink power-cable link to Victoria.
Nuclear not for Tassie The Mercury – The Voice of Tasmania, SUE NEALES March 26, 2011 “……..Prime Minister Julia Gillard ….has firmly told Resources Minister Martin Ferguson, a keen proponent of nuclear energy’s potential for Australia ……that there will be no renewed nuclear power debate any time soon. Continue reading
Fukushima shows success of nuclear – says Ziggy Spinowski
……That the plant remains largely intact is 
extraordinary….there is no report of a nuclear-related fatality nor any case of radiation sickness from exposure to elevated radioactivity……media coverage of this nuclear crisis has taught Australians more about the nuclear fuel cycle,…nuclear power remains the best and only option.
Japan crisis teaches much about value of nuclear Ziggy Switkowski Herald Sun * March 25, 2011 WHY build nuclear power stations in Japan? Because that’s where the people are – 126 million in a habitable area smaller than Victoria. Continue reading
Bleak prospects for Australia’s uranium industry
Ord Minnett senior resources analyst Peter Arden says the negative outlook for the uranium sector may be very prolonged. The disaster had fractured confidence in the resources sector as a whole and this damage would not be repaired quickly, Mr Arden said..Mr Gillham said the movement against developing nuclear power plants in Australia was likely to grow.
Uranium sector negativity likely prolonged, Sydney Morning Herald, Rebecca Le MayMarch 18, 2011 “…….Morningstar senior research analyst Mark Taylor said the near-term outlook for the uranium market was negative Continue reading
Fukushima nuclear plant a success, and Australia should take in nuclear wastes, says Miranda Devine
Australia’s nuclear lobby is in full marketing mode, as the Japanese nuclear crisis deepens, and the world rethinks nuclear power. Australia has a pack of nuclear spindoctors. Hard to name them all. But , (in my spin doctors picture below ) how could I have left out Miranda Devine – who is excelling them all in her nuclear marketing hype? – Christina Macpherson
Nuclear energy was set its toughest test on the northeast coast of Japan, and it passed….Australia, of all places, should be at the vanguard of atomic energy and research….Australia becoming the world’s primary nuclear storage facility, since we can cheaply and safely store nuclear waste
How nuclear passed its toughest test Miranda Devine The Daily Telegraph March 24, 2011 FUKUSHIMA is the world’s best advertisement for nuclear energy Continue reading
Despite uranium lobby’s hype, future market is in doubt
“Australians will note also that the Fukushima disaster is prompting India to review its own nuclear safety. Following the crisis in Japan, and in the glare of the Indian media, the intended expansion of India’s nuclear footprint may well slow or even stall,”
Australia weighs nuclear push after Japan crisis Reuters By Rob Taylor, CANBERRA Mar 22, 2011 “……….Those conditions could add even more complexity, and potentially costs, to bilateral nuclear safeguards agreements focused previously on the spread of nuclear weapons.
“Australians will note also that the Fukushima disaster is prompting India to review its own nuclear safety. Following the crisis in Japan, and in the glare of the Indian media, the intended expansion of India’s nuclear footprint may well slow or even stall,” Medcalf said. Continue reading
Uranium conference in Adelaide hears govt enthusiasm for nuclear power
Key MPs back expansion of nuclear industry in South Australia | Adelaide Now, Christopher Russell and Sarah Martin, March 22, 2011 TWO senior Rann Government ministers have backed the expansion of Australia’s nuclear industry.Former treasurer Kevin Foley yesterday said Australia should embrace nuclear power. Continue reading
1 This month
of the week – Australians for War Powers Reform (AWPR)
To see nuclear-related stories in greater depth and intensity
Antinuclear 