china warning on uranium, page-15

Meagkins that used to be the case but the rising price of uranium has meant it is now viable to put lower grade ores through the plant for processing. I can't see this plant closing in a hurry going forward. You have Jabiluka to the north which could feed ore tomorrow and same goes for Koongarra to the South. Anyone who believes that the Ranger mine will close in this tightening market has a loose hold on reality. If nuclear plants start running out of inventory in winter, people die in the Northern Hemisphere. I hardly think Australia can stand on the high ground should this risk begin to perpetuate!