Boss Energy has reopened the Honeymoon Uranium Mine in South Australia after being closed for around ten years.
Australia is the world’s fourth largest exporter of uranium, having recently been overtaken by Namibia, Sky News Business Editor Ross Greenwood said.
However, Australia still has a ban on the use of uranium to generate electricity on our own shores.
Even Western Australia has a complete ban on mining uranium, even though it could have some of the world’s biggest reserves.
Boss Energy Managing Director Duncan Craib joined Sky News Australia to discuss the reopening and what it could mean for the nation’s energy industry.
Australia is the world’s fourth largest exporter of uranium, having recently been overtaken by Namibia, Sky News Business Editor Ross Greenwood said.
However, Australia still has a ban on the use of uranium to generate electricity on our own shores.
Even Western Australia has a complete ban on mining uranium, even though it could have some of the world’s biggest reserves.
Boss Energy Managing Director Duncan Craib joined Sky News Australia to discuss the reopening and what it could mean for the nation’s energy industry.
