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BHP abandons plan to expand Olympic Dam uranium mine – a sign foe the future

Wire 21st Oct 2020, The news this week that mining giant BHP will not continue with its long planned multi-billion dollar expansion of its Olympic Dam uranium and copper project is a sign that the market is turning against the controversial mineral.

It spells good news for the future of renewables but leaves the problem of leftover radioactive waste at Olympic Dam. There is no decision to change tack and mine the many many rare earths which also exist at the site.

http://thewire.org.au/story/bhps-rejection-of-uranium-a-sign-of-the-future/

October 24, 2020 - Posted by Christina Macpherson | AUSTRALIA, business and costs, Uranium

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