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The Forum > Article Comments > Australian uranium miner goes bust ‒ so who cleans up its mess in Africa? > Comments

Australian uranium miner goes bust ‒ so who cleans up its mess in Africa? : Comments

By Morgan Somerville and Jim Green, published 8/11/2017

Paladin's Kayelekera uranium mine in Malawi, the 'warm heart of Africa', needs to be rehabilitated and Paladin hasn't set aside nearly enough money for the job.

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So what? Malawi gained benefit (or some corrupt slug did). A normal business deal occurred and went kaput. 99.9% of Australians had no clue about it, and cared less. Next thing we know, the gutless wonders in Canberra will be using our money for reparations. Mind your own business.
Posted by ttbn, Wednesday, 8 November 2017 8:18:52 AM
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A Uranium miner goes bust in Africa? Who cleans up the mess?

How about all those who, one way or another, benefited from the uranium production and sales? Or their heirs!?

Or perhaps through a universal wealth tax?

And not the only uranium miner in dire straights, trembling in trepidation at the thought of cleaner, safer, vastly cheaper thorium that, e.g. could power a 350 MW Generator for 50+ years with a single ton of fuel!

While a vastly more dangerous, uranium fuelled reactor, burns 2550+ tons of enriched, enormously expensive fuel?

Thorium contains 200 times the energy of uranium and produces 2,000 times less waste. Waste, which by the way, is vastly less toxic or long lived and eminently suitable as long life space batteries!

Mining it only requires simple gravity separation and the dirt replaced as soon as it exits the separation plant!

Meaning the very small area needing to be mined can be completely and progressively restored/rehabilitated, via simple settlement ponds as the element is progressively extracted! And never ever a problem for something in its natural state, less radioactive than a banana!

A few tax avoiding folk may wail long and loud at the thought of a wealth tax? But it could be taken as a tiny Tobin tax they'll never ever miss!?

Moreover, is there really any other viable and or, fair option?
Alan B.
Posted by Alan B., Wednesday, 8 November 2017 9:26:25 AM
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Paladin's Kayelekera uranium mine in Malawi'was not only part owned by the Malawi government, but employed many Malawians, counted for nearly 3% of Malawi's exports and more than $12m in direct government revenue. It's failure was partially due to the Malawi government's failure to meet its promise to supply the mine electricity leading to huge costs to run diesel generators. And finally, the mine still exists and will probably be resurrected when Uranium prices rise as old reactors are restarted and new reactors come on line.

Given that the $100m price tag to rehabilitate the mine is most likely a Green activist's BS ciggie box calculation, and the $10m will probably cover most of the work, why on earth would Jim Green think that the Aus government tip in money?
Posted by Shadow Minister, Friday, 10 November 2017 9:30:18 AM
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