WA Gov't Bans further Uranium mines.

Great news for PEN. Yet another constraint on future supply.
From Yesterdays Pert Now website.

Under the new policy announced today, all mining leases granted will include a “no uranium mining” condition, but Mines and Petroleum Minister Bill Johnston said the government had clear advice it could not overturn the previously approved projects.
The four projects are Toro Energy’s Wiluna project, Cameco’s Kintyre and Yeelirrie projects and Vimy Resources’ Mulga Rock project.
Mr Johnston said if of the projects progressed, WA agencies would ensure they met regulatory and environmental requirements.
“In making this decision the McGowan government has carefully considered future sovereign risk and financial implications for the state,” Mr Johnston said.
“If we were to attempt to stop these four projects, then we would potentially open up the state to significant legal liability that taxpayers would be responsible for.
“The government would prefer to put taxpayers’ money into schools, hospitals, community safety and job creating projects.”