Syrah Resources secures loan waiver amid Mozambique unrest
The company suspended operations at its flagship graphite mine in December.
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.