Laka Foundation

Publication Laka-library:
Uranium Mining and the Australian Economy: The Facts (1991)

AuthorGreenpeace Australia
DateMarch 1991
Classification 4.22.5.10/05 (AUSTRALIA - GENERAL - GENERAL)
Front

From the publication:

CONCLUSION

Experience with Australia's existing uranium mines offers the most reliable guide 
to the likely economic impact of expanding Australia's uranium industry. This 
experience indicates that: 

1. A very high proportion of the additional income generated by uranium mining
flows to the banks and the shareholders who provide funding for this highly 
capital- intensive industry; this is especially so during the early phase of a new 
uranium mining project.

2. If generation of employment is a priority, then resources would normally be
utilised more productively in other forms of economic activity.

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