Queensland uranium mining set to explode after 32 years

Queensland uranium mining set to explode

Uranium mining in Queensland set to ignite after

32 years . . . but which port will export?

Darwin and Adelaide tipped as major uranium export centres

Queensland uranium mining is taking off again, with Darwin and Adelaide tipped as major export centres.

Uranium mining in the state of Queensland has been halted for many years, however the Queensland government is changing its tune.

Queensland has announced it’s ready to receive applications from mining companies who can operate mines in the state. Mining uranium in Queensland has not been in favour for 32 years – so the resurgence is being treated with caution.

“where will uranium be transported to and howwill itbe handled?”

One of the biggest questions raised is exactly where the uranium will be exported from (which location) and how it will be transported.

Queensland has no licenced ports to export uranium from, which has led the state government to look to its northern cousins Darwin, or perhaps its southern friends in South Australia.

“Townsville has been pegged as possible uranium port”

At this point in time the Queensland Government has had a number of opportunities to negate exporting from Queensland, although it hasn`t actually said it wouldn’t in the future. The port of Townsville has been pegged as a possible future export destination for uranium . . . we shall see!

As other Queensland mining operations targeting coal and nickel scale back in Queensland, this new uranium mining opportunity could signal another round of mining jobs for the region.

Although the Queensland government has expressed an interest in kick-starting uranium mining again, there are still a few issues to be ironed out. Is uranium mining commercially viable? If mining goes ahead, then as we mentioned before, the real issue is where will the raw material be transported to for export and under what conditions?

Northern Territory notfazed about uranium exports

The Northern Territory government is keen to do as much as it can to stimulate their economy. Mines Minister, Willem Westra van Holthe, was in favour of supporting the transportation of uranium oxide from The Sunshine State (Queensland) up into the Northern Territory.

Uranium oxide is already transported on a regular basis through the Northern Territory road network, so it seems the NT government are quite happy to add more traffic. Uranium is already mined at the Ranger Uranium Mine, transported in barrels and exported via the Port of Darwin.

“an economic boost for Darwin”

Exporting uranium from the Territory would provide an economic boost for Darwin, which has suffered port traffic drops since the Territory’s iron ore industry slowed, due to the recent fall in the price of the raw material.

Westra van Holthe seems to already be planning the routes for the uranium to head up to Darwin with recent recommendations of how and where the uranium will travel. The logistics of the operation involve the use of existing infrastructure in Queensland, which includes road and rail networks.

Uranium exploration highly active in Queensland

There is uranium exploration happening right now with a French-owned mining companyspending millions of dollars exploring close to remote towns in north-west Queensland. There are plans to keep exploring around Cloncurry, which is west of Mt Isa.

AREVA Resources has drilled over 90 test holes since late 2012, withfuture plans to continue searching for uranium deposits. There is also the Ben Lomond site, which Canadian miner Mega Uranium has shown a keeninterest inreopening, although the gates remain firmly shut at this stage.

“Queensland mining is quietly getting on with the job”

Mining is not expected to start anytime soon, however, this is yet another example of how Queensland mining is quietly getting on with the job. This type of low-level news does not reach mainstream mediasuch asTV and newspapers.

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The Bowen Basin contains the largest coal reserves in Australia. This major coal producing region contains one of the world’s largest deposits of bituminous coal.

The Basin contains much of the known Permian coal resources in Queensland including virtually all of the known mineable prime coking coal. It was named for the Bowen River, itself named after Queensland’s first Governor, Sir George Bowen.

The Bowen Basin covers an area of over 60,000 square kilometres in Central Queensland running from Collinsville to Theodore and is dotted with many coal mines operated by multiple mining companies.

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