Western Australia poised for uranium mining revival as political support grows

Uranium mining Western Australia Libby Mettam politics Just days after Federal Liberal party leader Peter Dutton came out in hard-hitting support of nuclear power , his Western Australian counterpart has backed a return to uranium mining in her state.

Opposition leader Libby Mettam has confirmed that uranium miners would be able to proceed through the same environmental approvals as other minerals if she is elected as leader of the WA government in 2025.

With uranium mining prohibited by the WA government since 2017, the news has buoyed the hopes of a number of companies that have uranium contained in their exploration permits.

The potential mining of the energy metal is particularly attractive at the moment, with uranium prices rocketing this year on growing nuclear power usage around the globe.Currently sitting at around A$131 per pound, analysts are predicting spot price targets of around A$160 per pound by year-end and A$175 in 2025. […]

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