Uranium group welcomes WA Liberals

The Australian Uranium Association says the Liberal victory in Western Australia has provided certainty for the state's uranium sector.

ABC News reports AUA CEO Michael Angwin said the state election result meant uranium miners in WA could expand without fearing a change in legislation.

 

“What it means for the industry is that there is now certainty and that means companies will be much surer about the investment climate in Western Australia and I think that's a good basis for the continuing development of the industry,” he said.

 

“The industry is going through a difficult time globally at the moment but the certainty produced by the Government's commitment to allow uranium mining will be one of the things which will enable WA to proceed when perhaps it's less than elsewhere in the world.”

 

The WA Labor party is opposed to uranium mining and said if it was elected it would not approve new mines.

 

Earlier this week industry commentators said the re-election of Colin Barnett would mean 'business as usual' would continue for the mining industry.

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