Uranium Exports to ‘Treble’ Within Five Years

AUSTRALIA’s uranium exports will “most likely treble” to more than 13,000tonnes a year within five years, according to federal Resources Minister Ian Macfarlane.

Speaking to The Australian, he said such potential in export earnings was being put at risk because of the “illogical” positions of the West Australian and Northern Territory Governments.

“Western Australia, according to our information, is blocking for purely ideological reasons an industry that could deliver $6billion in export earnings while the estimate for the Northern Territory is around $12billion,” Mr Macfarlane said.

“While we cannot railroad state governments on mining developments, you can rest assured that we will not be letting the opposition of the two governments stop us from encouraging uranium exports to help meet the energy needs of China and India.”
The Australian