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The Western Australian ban on uranium mining was removed in 2008. [20] Queensland's ban on uranium mining was revoked in 2012, when Premier Campbell Newman back-flipped on a pre-election promise. [26] In March 2015 the Palaszczuk government announced that it would be reinstating the ban. [27]
As the 2025 general elections draw closer, nuclear power and uranium mining will likely become important topics down under. Read Next: Lithium Producers Brace For Prolonged Oversupply, Stalled Prices
World uranium reserves in 2010. Uranium reserves are reserves of recoverable uranium, regardless of isotope, based on a set market price. The list given here is based on Uranium 2020: Resources, Production and Demand, a joint report by the OECD Nuclear Energy Agency and the International Atomic Energy Agency. [1] Figures are given in metric ...
The March 2005 mine production rate is an annualised 9.1 million tonnes making it one of Australia's larger mines. 2005 metal production is thought to be in excess of 220,000 tonnes of copper, 4500 tonnes of uranium oxide, plus gold and silver. The copper and uranium oxide are exported through Port Adelaide.
Historically, many prospective Australian uranium mines have been constrained by active antinuclear opposition, but state governments have now approved mine development in Western Australia and Queensland. But it is unlikely that any new projects will enter active development until the market improves. As of 2013 uranium prices are very low.
Mine Location Main owner Year discovered Year commenced Grade %U [2] Annual production (tOre) [3] Annual production (tU) [4] Type of mine [5] Don Otto: Salta: Globe Uranium: 1958: 0.15 [6] Presently shut down Cachocira (Cactite) 1999: 0.3: 340: OC Engenlio (Cactite) 2006: OC Australia [7] (See Uranium mining in Australia) Mine Location Main ...
Historically, many prospective Australian uranium mines have been constrained by active antinuclear opposition, but state governments have now approved mine development in Western Australia and Queensland. But it is unlikely that any new projects will enter active development until the market improves. As of 2013 uranium prices are very low.
Mining commenced at the end of 1956 and the treatment plant was commissioned in June 1958. The project was developed by Mary Kathleen Uranium Limited (MKU) at a cost of A $24 million. [5] MKU was formed to develop the uranium deposits and work was soon commenced constructing the township, mine, and dam on the nearby Corella River.