Australia's uranium resources in the Pacific Basin context

Australia's role as an uranium producer is central to the Pacific Basin nuclear industry. Australia's low cost reserves are the world's largest, perhaps up to two times greater than those of her closest competitor, Canada. In the domain of actual production, however, the nation's uranium output is currently limited by government policy. Nonetheless, in view of the Pacific Basin nations' increasing focus on nuclear energy as an efficient and clean energy source, it is likely that Australian producers will, over the next decades, be long term suppliers of uranium concentrates to Pacific Basin markets such as Japan, Korea, China/Hong Kong, Indonesia, China-Taipei, the USA and even Canada. 1 fig