Queensland sits on $10bn worth of uranium, Macfarlane tells nuclear power inquiry

Queensland is missing out on a multi-billion dollar addition to its resources and energy industry, owing to bans on uranium mining, Queensland Resources Council (QRC) CEO Ian Macfarlane told an inquiry on Monday. In a statement issued following public hearings at the House of Representatives inquiry into the “prerequisites for nuclear energy in Australia”, he said that Queensland uranium could be mined sustainability and economically.