tag:blogger.com,1999:blog-10911751.post115884769318717485..comments2024-03-07T02:00:01.582-05:00Comments on NEI Nuclear Notes: Aussies to Gear Up Uranium ProductionUnknownnoreply@blogger.comBlogger1125tag:blogger.com,1999:blog-10911751.post-1158851274033407922006-09-21T11:07:00.000-04:002006-09-21T11:07:00.000-04:00Yes, we have plenty of uranium, and there's a bunc...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. <BR/><BR/>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.<BR/><BR/>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.Anonymousnoreply@blogger.com