Global 3000 | How Australia is Benefiting From Its Uranium M

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Uploaded by on Mar 10, 2009

The Middle East is a major exporter of crude oil,Russia is home to the largest gas fields,and the US has the biggest coal deposits. Australia has a lot of these resources as well,but right now it's doing especially well with uranium,which seems to be undergoing something of a renaissance.Widely considered environmentally-friendly,demand for uranium is on the increase,and Australia -- home to over 40 percent of the world's reserves -- is leading the way. Olympic Dam,one of the world's largest uranium deposits,is owned by BHP Billiton. The company is hoping to expand the mine despite the financial crisis. As there is widespread public opposition in Australian to the notion of nuclear power,most of the country's uranium is exported.

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  • There is nothing bad about any of this! Its not gonna harm anyone! And nuclear power is completely safe! Chernobyl happened because of he builders of the plant cut corners all over the place! And we can just ship the waste to as desert somewhere where it will be underground and not harm a sole!

  • Environmentally friendly ! BULLSHIT !

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