currently Australia has three uranium mines producing for export no enrichment capability in Australia
Olympic dam Beverly and four mile all in the labor state of SA
they account for 8% of the current global demand use and growing which is 180- 200 mlb of uranium per year
Olympic dam produces about 6% 10mlb per year for export
the U.S. alone currently need 50 mlb per year to run there fleet and there domestic is non existent take years to get a decent amount and have small deposits
the Russian origin uranium banning has the U.S. spending over $4b establishing uranium supply chains with politically aligned countries
since the biggest uranium supplier at over 40% of the global demand is the Russian controlled Kazatomprom
will be off limits
every resource in Australia will be on radars!
can we get to net zero without nuclear?Overall, the reliability and low-carbon nature of nuclear energy underscore its significance in pursuing cleaner and dependable energy solutions. There's simply no reaching net zero without nuclear,
The US is also desperate for our uranium; we could be a trusted supplier of uranium to the US; our closest strategic ally.
We must act now to take up this opportunity
Jonathan fisher MD Cxu
here is a video in the Australian political arena
the senator asking the minister and team who are clueless about our involvement in the US spending $4.3b establishing politically
aligned uranium supply chains
copy and pastehttps://x.com/CxuAsx/status/1798853868174077975
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Open | High | Low | Value | Volume |
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Price($) | Vol. | No. |
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29.5¢ | 48328 | 4 |
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8 | 57008 | 0.285 |
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Price($) | Vol. | No. |
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0.295 | 48328 | 4 |
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