Rio Tinto ready to build Simandou after almost 30 years of setbacks
Simandou has faced delays due to legal disputes, political changes, and the challenges of building a 600 km rail and port infrastructure.
Australia said the Fukushima nuclear disaster in Japan would not curb the world’s appetite for uranium and predicted its exports will continue to rise as its develops more mines.
Spending on exploration in Australia to find more uranium is expected to rise by more than third this year, Australia’s minister for mines, Martin Ferguson, said in a speech to geologists on Thursday.
