Ok, Australia has a lot of resources across the board that the...

  1. 6,807 Posts.
    lightbulb Created with Sketch. 20

    Ok, Australia has a lot of resources across the board that the world needs moving forward into the coming decades but somehow we as Australians are not allowed to use them.

    Coal, gas and uranium, why not use our own resources for ourselves, as we are not going to save the world as some on here think.

    We as a country should have built new HELE coal fired powered generators a decade ago, but because of all the save the world do gooder's it has become a complete mess.
    Now when Uranium is mentioned it's just scare mongering from all the planet savers that when questioned on certain issues have no answers.

    Uranium Mining in Australia industry analysis

    Australia has over 30% of the world's uranium reserves, but accounts for only 8% of global uranium output. Government reluctance to establish new uranium mines has meant a considerable share of Australia's uranium resources has been left untouched. Uranium mining has displayed very high revenue volatility over the past five years due to fluctuating prices and export volumes. Uranium mining revenue is expected to rise at an annualised 0.2% over the five years through 2023-24, to $881.0 million. Domestic output is set to start recovering over the two years through 2023-24, following declines caused by the closure of the Ranger mine in the Northern Territory. However, global uranium prices are projected to rise in 2023-24, in part due to potential supply disruptions caused by the coup in Niger. Rising production and prices are expected to driver revenue growth of 9.7% in 2023-24.

 
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.