Skip to main content

Aussies to Gear Up Uranium Production

With massive Asian economies needing ever larger supplies of energy, Australia is getting ready to export more uranium.

I know I've mentioned this issue before, but I think it bears repeating: I sleep well at night knowing that one of America's closest allies -- and one with rock solid political stability -- holds the world's largest reserves of uranium. The map on the left displays just how extensive the Australian uranium industry really is. It's good news for America and it's good news for the world.

As always, to keep up with the latest developments on the Aussie nuclear industry, check in with Robert Merkel.

Technorati tags: , , , , , , , , ,

Comments

Robert Merkel said…
Yes, we have plenty of uranium, and there's a bunch of companies exploring for more of it right now. There's no doubt in my mind that Australia will be able to meet a fair fraction of the increased demand for uranium over the next few decades - particularly as a whole of speculative money has gone into companies exploring for the stuff recently, and the announcement of the new mine at Honeymoon and the massive production increase at Olympic Dam.

There are two major issues slowing the development of uranium mining here: the first is a labour shortage in the mining industries at the moment (uranium's not the only commodity in huge demand right now). The second is the left-of-centre Australian Labor party (which is the minority party federally, but controls every single state and territory government) has a policy opposing the opening of new uranium mines. However, this will almost certainly change within the year; this policy will be discussed at the annual convention this year, there will be a lot of huffing and puffing but the general consensus is that the fix is in and the policy will be changed.

So when new plants get built, there will be uranium to fuel them, and with any luck you'll be buying a lot of it from us.

Popular posts from this blog

A Billion Miles Under Nuclear Energy (Updated)

And the winner is…Cassini-Huygens, in triple overtime.

The spaceship conceived in 1982 and launched fifteen years later, will crash into Saturn on September 15, after a mission of 19 years and 355 days, powered by the audacity and technical prowess of scientists and engineers from 17 different countries, and 72 pounds of plutonium.

The mission was so successful that it was extended three times; it was intended to last only until 2008.

Since April, the ship has been continuing to orbit Saturn, swinging through the 1,500-mile gap between the planet and its rings, an area not previously explored. This is a good maneuver for a spaceship nearing the end of its mission, since colliding with a rock could end things early.

Cassini will dive a little deeper and plunge toward Saturn’s surface, where it will transmit data until it burns up in the planet’s atmosphere. The radio signal will arrive here early Friday morning, Eastern time. A NASA video explains.

In the years since Cassini has launc…

Missing the Point about Pennsylvania’s Nuclear Plants

A group that includes oil and gas companies in Pennsylvania released a study on Monday that argues that twenty years ago, planners underestimated the value of nuclear plants in the electricity market. According to the group, that means the state should now let the plants close.

Huh?

The question confronting the state now isn’t what the companies that owned the reactors at the time of de-regulation got or didn’t get. It’s not a question of whether they were profitable in the '80s, '90s and '00s. It’s about now. Business works by looking at the present and making projections about the future.

Is losing the nuclear plants what’s best for the state going forward?

Pennsylvania needs clean air. It needs jobs. And it needs protection against over-reliance on a single fuel source.


What the reactors need is recognition of all the value they provide. The electricity market is depressed, and if electricity is treated as a simple commodity, with no regard for its benefit to clean air o…

Why Nuclear Plant Closures Are a Crisis for Small Town USA

Nuclear plants occupy an unusual spot in the towns where they operate: integral but so much in the background that they may seem almost invisible. But when they close, it can be like the earth shifting underfoot.

Lohud.com, the Gannett newspaper that covers the Lower Hudson Valley in New York, took a look around at the experience of towns where reactors have closed, because the Indian Point reactors in Buchanan are scheduled to be shut down under an agreement with Gov. Mario Cuomo.


From sea to shining sea, it was dismal. It wasn’t just the plant employees who were hurt. The losses of hundreds of jobs, tens of millions of dollars in payrolls and millions in property taxes depressed whole towns and surrounding areas. For example:

Vernon, Vermont, home to Vermont Yankee for more than 40 years, had to cut its municipal budget in half. The town closed its police department and let the county take over; the youth sports teams lost their volunteer coaches, and Vernon Elementary School lost th…