Uranium boost from Queensland to the world

Australia’s reputation as a safe and reliable supplier of uranium will be enhanced with the latest moves to re-establish the industry in Queensland.

The Queensland Government’s decision to award six Mineral Development Licences for uranium, copper and other base metals exploration north of Mt Isa, underpinned by the State’s best- practice framework, is a welcome boost for the industry and the nation at a time when opportunities are expanding around the world.

With the Prime Minister Tony Abbott today also securing a deal to allow exports to India, the prospects for Australian uranium are encouraging, Mr Zavattiero said.

Although awarding the development licence is only an initial stage in the process towards eventual production, the Minerals Council of Australia’s Uranium Forum looks forward to the challenge of bringing new product to market in a manner that meets the strict environmental and social outcomes expected by regulators and our communities.

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