u mining under labor, page-23

From the horse's mouth (so to speak):

Taken from the ALP's website speech by Sen Evens Australia’s uranium industry already makes a substantial contribution to our economy and offers significant potential. In 2005-06 Australia exported more than 10,000 tonnes of uranium oxide valued at $546 million.3 Australia has the world’s largest uranium reserves with Geoscience Australia estimating more than 700,000 tonnes of Economic Demonstrated Resources – 36 per cent of world resources in this category. Over the period from 2004 to 2025 world reactor-related uranium requirements are projected to grow by between 22 and 50 per cent. Reductions in secondary supply and a strong demand outlook have driven significant price increases over the last few years, with spot prices rising from around US$20 per pound in early 2005 to around US$130 in recent weeks. Clearly Australia’s uranium resources offer significant economic opportunities for the nation. Federal Labor is keen to see the economic contribution of Australia’s uranium resources maximised.

But let me make Federal Labor’s position very clear. A Rudd Labor Government will support the mining of uranium in Australia subject to prudent and rigorous environmental and safety requirements. There will be no restriction on the number of mines, or on the amount of product exported to‘approved’ customers.