Anti nuclear ? They could ramp up a lot yet choose to reduce u308 output and the clear extra revenues this provides. Appreciate its almost a drop in the bucket over all for BHP yet the hundreds of millions in missed revenue which is money for jam at Olympic dam is clearly not in shareholders best interests!
"BHP produced 322,000 tonnes of copper in SA in the year to June 2024 but told regulators last week that volumes could double to 650,000 tonnes per year if the smelter project – dubbed SRE – went ahead. Uranium volumes have traditionally moved in lockstep with copper volumes at Olympic Dam, but BHP said volumes of saleable uranium oxide would barely change as a result of the new expansion plan.“The SRE project does not materially change existing uranium production with an increase of approximately 1 per cent expected,” said the miner in documents filed to regulators. Olympic Dam produced 3600 tonnes of uranium oxide last year, and BHP told the regulators that production volumes would not exceed 4000 tonnes if the expansion went ahead."
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