Uranium industry woos Asia
CHINESE and Japanese resources bosses will be on the lookout for investment projects when they attend a major uranium seminar in Darwin in June.
The AusIMM International Uranium Conference will look at potential mining operations in the Territory and possible export markets.
There is only one uranium mine in the NT - Ranger, near Jabiru.
There are also several prospects, including Angela and Pamela near Alice Springs and Nabarlek in west Arnhem Land.
The conference will be held at the Darwin Convention Centre on June 10-11.
Conference chairman Mark Chalmers said "potential investors" from China and Japan were keen to learn more about the Australian uranium industry - "witha view to developmentof projects".
Mr Chalmers said the uranium industry had been protected from the worst effects of the global financial crisis by the growing interest in low emission energy, such as nuclear power, adding that there was likely to be "major development" in the Australian industry over the next few years.
Mr Chalmers said the conference would look at uranium production, exploration, waste disposal, radiation safety, site rehabilitation, environmental assessment and non-proliferation safeguards.
Waste disposal is a big issue in the Territory.
The Federal Government is likely to repeal the law forcing the NT to accept a nuclear waste dump - but still wants the storage complex built here.
There are reports that Canberra will offer the Territory "compensation" for accepting the waste dump.
Miners and pastoralists are suggesting the NT Government ask for the sealing of the Tanami Rd.
But political sources have told Business Week that the "bribe" is more likely to be spending on Aboriginal education or health.
The two-day uranium conference will include a public information evening "to address public myths and misgivings" and a radiation safety workshop.
Conference website: http://www.ausimm.com.au/uranium2009