Not only is NSW missing out on the benefits of nuclear power generation (which would increase electricity supply and drive down prices), a ban on uranium mining is holding back the State’s economy.
NSW One Nation will end the uranium mining ban which has been in place since 1986.
Across our western border, South Australia has been able to reap the benefits of this billion dollar national industry. Why not similar jobs and investment in NSW, especially in regional and remote areas of the State hard-hit by drought and economic struggle?
There are too many government regulations holding back the NSW economy, with the uranium mining ban one of the dumbest.
If One Nation holds the balance of power after the 23 March election in the lower and/or upper houses, we will want any new government to free up the uranium mining and nuclear power industries. This must be a priority for the State’s economic development.
In 2014 the current government invited commercial exploration of uranium deposits in NSW, but as one mining investor (connected to Hartz Rare Earth) said, “Who in their right mind would put their hard-earned cash into exploring for uranium in NSW when even if you were successful in finding an economic resource you will not be allowed to develop it and have the chance to be rewarded for all the risk you took?”
The only way to properly develop the industry, creating much needed investment and jobs, is to remove all government restrictions on uranium exploration, mining and power generation. What are we waiting for?