2013 – ALTA 2013, Perth, WA
Australia has the potential to be the world’s top uranium producer however development of new uranium projects has slowed throughout the world.
The crisis at the Fukushima nuclear plant in Japan after the tsunami killed off the world’s appetite for nuclear energy and with it the price for yellowcake – making it so low that most projects other than Insitu Leach (ISL) are not viable. A number of projects are on hold waiting for the uranium price to improve.
This paper addresses the three options of uranium mining and its associated processing options including their long term sustainability in the current climate considering political implications of mining uranium ores.