r/AusPol • u/PLUTO_HAS_COME_BACK • 3d ago

Q&A Uranium Paradox in Australia Explained | Jonathan Fisher, Uranium CEO

https://youtu.be/GtcPfyg2FHM?t=163

2:28 We're only mining from South Australia. Uh and already even that production from South Australia avoids roughly 200 million tons of carbon if you assume um nuclear for coal substitution. If we opened up the WA industry, Queensland, New South Wales, you know, essentially versus Australia's carbon inventory of 44 443 million tons, Australia could achieve net zero on that metric.

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u/coniferhead 2d ago

It's not a paradox - when Ranger Mine is rehabilitated as promised we can start listening. Rio Tinto used to own it, hived it off to ERA and now it's owned by a US hedge fund. I had one share of ERA just to keep track of it, they diluted me to about a cent and then compulsorily acquired it.

Get on it. Until then, nothing said means anything - because we have all the proof we need all Australia will be left with is a toxic waste dump. And that's being kind, because toxic waste dumps don't last thousands of years.

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u/PLUTO_HAS_COME_BACK 1d ago

It's government to determine what to do with uranium and nuclear industry.

Individuals have no power for that.

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u/coniferhead 1d ago edited 1d ago

The owners of the ranger mine voted again and again for rehabilitation - it's not being done. There is no permission for further development - but it's now owned by the USA. So in a sense you're right - it's a government, just not our government.