Uranium production set to rise
AUSTRALIA'S uranium production is tipped to record an 8 per cent increase in 2005-06 to almost 12,000 tonnes on the back of higher output from BHP Billiton's Olympic Dam mine and Energy Resources of Australia's (ERA) Ranger mine.
Export earnings for uranium are forecast to increase 50 per cent this year to $712 million through higher export prices.
Uranium prices increased strongly in 2005, as the dwindling supply of uranium stocks and increased concerns over the future supply of secondary sources of uranium were the major factors behind the substantial increase in uranium prices.
( Full story here )
Export earnings for uranium are forecast to increase 50 per cent this year to $712 million through higher export prices.
Uranium prices increased strongly in 2005, as the dwindling supply of uranium stocks and increased concerns over the future supply of secondary sources of uranium were the major factors behind the substantial increase in uranium prices.
( Full story here )
posted by Oil Shock at 2/28/2006 07:25:00 PM
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