uranium +the australian

Today's Australian carries a one page feature article re Australia & uranium.

The story can be found at:http://www.theaustralian.news.com.au/printpage/0,5942,16306567,00.html

It begins:-
Nuclear power plays
Amanda Hodge
19aug05

IT may not be the answer to world peace but Geoff Prosser believes Australian uranium has the potential to solve some pressing dilemmas. The federal Liberal backbencher argues that with more than 40 per cent of the world's total uranium in our backyard, Australia could fuel nuclear power for millions of the world's poor, restrain global warming greenhouse emissions and in the process add hundreds of millions to our own trade earnings.

Factor in a trebling of the world uranium spot price in recent years to $US30 ($39) a pound, a result of the depletion of former Russian nuclear weapons-grade uranium that has flooded the market for the past decade, and there has never been a better time for Australian mining to save the world.