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On 19 March 2015 the South Australian government established The Nuclear Fuel Cycle Royal Commission to investigate the expansion of uranium mining and exploration of new uranium deposits in South Australia. [39] On 15 November 2016 the government decided to support all five uranium mining related recommendations made by the commission. [40]
At 2016 Australia contained 29% of the world's defined uranium resources. The three largest uranium mines in the country are Olympic Dam, Ranger Uranium Mine and Beverley Uranium Mine. Future production is expected from Honeymoon Uranium Mine and the planned Four Mile Uranium Mine.
Despite Australia's position as the world's fourth-largest producer and holder of one-third of global reserves, uranium mining remains banned in Western Australia and Queensland.
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 ...
Two uranium mining projects in the state are closer to production, the 750 tonne U 3 O 8 Lake Maitland project, pursued by Mega Uranium, and the 680 tonne U 3 O 8 Centipede–Lake Way project undertaken by Toro Energy, located at Lake Way.
The Minerals Resource Rent Tax (MRRT) was a resource rent tax formerly imposed by the government of Australia on profits generated from the mining of non-renewable resources in Australia. [1] It was a replacement for the proposed Resource Super Profit Tax ( RSPT ).
The Movement Against Uranium Mining group was formed in 1976, and many protests and demonstrations against uranium mining were held. [139] [140] Concerns relate to the health risks and environmental damage from uranium mining. Notable Australian anti-uranium activists have included Kevin Buzzacott, Jacqui Katona, Yvonne Margarula, and Jillian ...
It was Australia's first uranium mine, [2] years before the country's next major mines at Rum Jungle in the Northern Territory (opened in 1950), and the Mary Kathleen mine in Queensland (1958). [ 3 ] This is a List of Australian inquiries and reports relating to uranium mining issues.