Oz locked in for 30 years to supply USA with uranium


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Interesting article entitled: “Treaties Committee Report on Australia US uranium exports”

The US is our largest uranium customer and one of the reasons for that is that peak uranium in the US occurred some time ago. The United States had extensive uranium mining, caused an extraordinary amount of harm, particularly in the south-west, and worked out many of their deposits, and now they are our largest uranium customer. The agreement that has just gone through the Joint Standing Committee on Treaties which we are discussing tonight locks us into a 30-year treaty arrangement with the United States on these exports.”

(Personally I would rather that this treaty had NOT been signed… The USA seems to be a financial cot case and Australia’s long term interests may not have been well served in this instance… I think that Rudd is an ever present danger… his recent guarantee of Rare Earth Elements supplies to Japan shows that he is more than capable of over-reaching )

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