Difference between revisions of "Rio Tinto's uranium mining interests"
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[[Rio Tinto]], one of the world's largest mining companies, has major interests in uranium mining in Australia and in Namibia. It is the world's second largest producer of uranium. <ref name="Rio Tinto submission"> Rio Tinto, "[http://www.pmc.gov.au/umpner/submissions/197_sub_umpner.pdf Rio Tinto Submission to the Review of Uranium Mining, Processing and Nuclear Energy in Australia]", August 2006. (210kb Pdf)</ref> In 2005, eight mining companies accounted for 78% of world uranium mine production. The three main companies are [[Cameco]] (20%), Rio Tinto (13%), and [[Areva]] (12%). Canada produces 28% and Australia 23%.<ref>Uranium Information Centre, [http://www.uic.com.au/nip41.htm ''World Uranium Mining,''] July 2005.</ref> | [[Rio Tinto]], one of the world's largest mining companies, has major interests in uranium mining in Australia and in Namibia. It is the world's second largest producer of uranium. <ref name="Rio Tinto submission"> Rio Tinto, "[http://www.pmc.gov.au/umpner/submissions/197_sub_umpner.pdf Rio Tinto Submission to the Review of Uranium Mining, Processing and Nuclear Energy in Australia]", August 2006. (210kb Pdf)</ref> In 2005, eight mining companies accounted for 78% of world uranium mine production. The three main companies are [[Cameco]] (20%), Rio Tinto (13%), and [[Areva]] (12%). Canada produces 28% and Australia 23%.<ref>Uranium Information Centre, [http://www.uic.com.au/nip41.htm ''World Uranium Mining,''] July 2005.</ref> | ||
Revision as of 19:08, 4 June 2008
{{#badges: Nuclear spin}} Rio Tinto, one of the world's largest mining companies, has major interests in uranium mining in Australia and in Namibia. It is the world's second largest producer of uranium. [1] In 2005, eight mining companies accounted for 78% of world uranium mine production. The three main companies are Cameco (20%), Rio Tinto (13%), and Areva (12%). Canada produces 28% and Australia 23%.[2]
The company has major shareholdings in two operating uranium mines:
- Energy Resources of Australia Ltd (ERA) in Australia, in which Rio Tinto has a 68 per cent interest; and
- Rossing Uranium in Namibia, in which Rio Tinto has a 69 per cent interest.
Rio Tinto also has majority interests in two undeveloped uranium ore bodies. These are:
- the Jabiluka lease in the Northern Territory held by ERA;
- the Kintyre lease in Western Australia is owned by Canning Resources Pty Ltd, which is wholly owned by Rio Tinto. [1]
Energy Resources of Australia (ERA) was prosecuted following a series of severe radiation safety failures at the Ranger Mine. [3] Ranger has, so far, produced over 30 million tonnes of radioactive tailings, and there have been more than 120 documented leaks, spills and licence breaches. The mine, which opened in 1981, is located in the Kakadu National Park. The incidents have got more sever and more frequent as the infrastructure has aged.[4]
RTZ is a member of the World Nuclear Association.
Resources
References
- ↑ Jump up to: 1.0 1.1 Rio Tinto, "Rio Tinto Submission to the Review of Uranium Mining, Processing and Nuclear Energy in Australia", August 2006. (210kb Pdf)
- ↑ Uranium Information Centre, World Uranium Mining, July 2005.
- ↑ Australian Conservation Foundation, Busted: Kakadu uranium miner pleads guilty to contamination, Press Release, Undated, 2005.
- ↑ Australian Conservation Foundation, ACF position on uranium mining and nuclear power, Press Release May 4, 2006.
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