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Australia’s Green Party highlights shaky economics of uranium mining

“In contrast to claims put out by the uranium industry about its supposed financial benefits, we have seen proposed uranium projects on increasingly shaky financial ground.

Greens to Stick to Uranium Mining Ban Policy, Mathaba, 15 Sept 10, The Australian Greens have confirmed they will continue to push for a ban on uranium mining across Australia, in line with long-held Greens policy………..

“This should come as no surprise to the uranium industry – perhaps they should instead stop to consider why 1.7 million Australians voted for the Greens’ explicitly stated opposition to uranium mining and nuclear power in Australia.

“In contrast to claims put out by the uranium industry about its supposed financial benefits, we have seen proposed uranium projects on increasingly shaky financial ground.

“They won’t admit it, but right now volatility in global uranium prices is probably a bigger worry for the industry than the Greens,” Senator Ludlam concluded.

Greens to Stick to Uranium Mining Ban Policy

September 15, 2010 - Posted by | AUSTRALIA, politics | , , , , ,

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