Uranium approval boosts jobs in Australia’s minerals sector

MCA welcomes the Federal Government’s environmental approval for the Yeelirrie Uranium Project, clearing the way for the creation of more highly paid, high skilled jobs in Western Australia.

Australia has the world’s largest endowment of uranium resources and is well placed to continue to supply growing global markets with affordable, near zero emissions energy.

The International Energy Agency (IEA) has identified nuclear power, along with carbon capture and storage and ongoing improvements in all technologies as critical to meeting long-term climate and development ambitions in the Paris Agreement.

This development will be another part of Australia’s contribution to the transition to a lower carbon economy.

The length of this approval process again underlines the need for certainty from policy-makers, including streamlined laws, which protect our environment while removing duplication and red tape as unnecessary overlap.

Australia’s complex and duplicative project assessment and approval processes generate unnecessary delays and uncertainty, presenting a barrier to attracting vital international investment.

MCA calls on Federal and State governments to stop delays on mining project approvals which threaten job creation and hurt Australia’s regional and remote communities.

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