Skip to Main Content
Book Chapter

Australia’s Uranium Export Potential1

By
D. V. Mosher
D. V. Mosher
2
Pancontinental Mining Ltd., Sydney, N.S.W. Australia 2000.
Search for other works by this author on:
Published:
January 01, 1981

Abstract

During the period 1954-71 in Australia approximately 9,000 MT of U3O8 was produced from five separate localities. Of this, 7,000 MTwas exported to the United Kingdom and United States and the balance stockpiled by the Australian Atomic Energy Commission (AAEC).

Australia’s uranium ore reserves occur in eight deposits in three states and the Northern Territory. However, 83% of Australia’s reserves are contained in four deposits in lower Proterozoic rocks in the East Alligator River region of the Northern Territory.

The AAEC has calculated Australia’s recoverable uranium reserves by eliminating estimated losses during the mining and milling of the ores. AAEC has estimated reasonably assured resources of 289,000 MT of uranium and estimated additional resources of 44,000 MT of uranium at a recovery cost of less than US$80 per kilogram uranium.

The companies have collectively announced a larger ore reserve than the Australian Atomic Energy Commission. This difference is a result of the companies adopting different ore reserve categories.

On August 25, 1977, the federal government announced that Australia would develop its uranium resources subject to stringent environmental controls, recognition of Aboriginal Land Rights, and international safeguards.

Australian uranium production should gradually increase from 1981 onward, growing to 10,000 to 15,000 MT by 1985-86. Further increases in capacity may emerge during the second half of the 1980s when expansion plans are implemented.

Exploration for uranium has not been intensive due to delays in developing the existing deposits. It is likely that present reserves can be substantially upgraded if more exploration is carried out.

You do not currently have access to this article.

Figures & Tables

Contents

AAPG Studies in Geology

Energy Resources of the Pacific Region

Michel T. Halbouty
Michel T. Halbouty
Search for other works by this author on:
American Association of Petroleum Geologists
Volume
12
ISBN electronic:
9781629811802
Publication date:
January 01, 1981

GeoRef

References

Related

Citing Books via

Close Modal
This Feature Is Available To Subscribers Only

Sign In or Create an Account

Close Modal
Close Modal