Please note that this is a rapidly changing field and that the data
contained will inevitably be out of date some of the time; meaning that
you should not rely on it to make investment decisions and consequently you must do your own research.
Australia currently produces approximately 9,000 tonnes of uranium per
annum exclusively through three Australian mines - Ranger mine in the Northern
Territory, and Olympic Dam and Beverly mines located in South Australia.
The Ranger mine, Australia's largest, is owned by Australian ASX-listed
company ERA (ASX Code: ERA) and represents approximately 53% of Australia's
total uranium production.
The Olympic Dam mine is owned by Australian company and dual-listed BHP (ASX
Code: BHP), and represents approximately 39% of Australia's uranium
Australia's third mine, Beverly is owned by Australian private company Heath
gate Resources, an affiliate of General Atomics based in California, USA, and
represents approximately 8% of Australia's uranium production.
Australia's three mine policy was introduced in 1983 by the Hawke Labor
Government with the goal of limiting Australia's expansion in the uranium
sector. This policy was enforced for 25 years before being overturned at the
National ALP conference in April 2007. This new policy frees the Australian
State Governments to now make their own discussions about uranium mining /
Many Australian companies have exploration operations and a number of these
companies also have uranium production operations overseas.
Disclaimer: The data on AustralianUranium.com.au is intended as a guide
only and is provided purely as an indication of what information can be
found through official announcements. Data on this website should not
be used to make an investment or trading decision. All information
should be carefully cross-checked against official sources for
accuracy. The publisher (Intaanetto Social Media) will not be held
liable for any loss arising from the use of this website. Persons associated with Intaanetto the publishers of Australian Uranium have one or more shares in the companies mentioned.