Article from: The Australian
CHINA is hungry for more of our uranium to feed a planned doubling of its nuclear reactors — and the Rudd Government believes we should be mining more to step up exports.
China has undertaken to rapidly expand its network of nuclear reactors to supply abundant, cleaner energy.
Australia sent its first load of uranium to China in November last year under a comprehensive bilateral agreement developed by the Howard government.
“The expansion of the nuclear industry here in China opens up new resource opportunities in Australia from the point of view of uranium mining,” Resources and Energy Minister Martin Ferguson said in Beijing this week.
“We are a leading nation in terms of uranium mining. We should be actually mining more than we are at the moment.”
Australia accounts for about a third of global uranium resources.
