Sunday, April 02, 2006

Govt to sign China uranium deal. 02/04/2006. ABC News Online

Federal Resources Minister Ian Macfarlane has confirmed that Australia will sign a safeguard agreement with China which will clear the way for the sale of uranium potentially worth hundreds of millions of dollars.

Mr Macfarlane is confident the agreement to be signed tomorrow governing Australian uranium exports to China will ensure its peaceful use.

"In terms of the arrangement and what will be signed tomorrow, it is definitely a safeguard agreement," he said.

"It is the same agreement that has been signed, as I say, with 36 other countries around the world."

Mr Macfarlane is in Perth to provide a resources briefing to visiting Chinese Premier Wen Jiabao, who spent today touring key West Australian industrial and energy research facilities.

Premier Wen flies to Canberra this afternoon and will meet the Prime Minister John Howard on Monday.

The Australian Conservation Foundation (ACF) says it remains fundamentally opposed to any deal to export uranium to China.

ACF president Ian Lowe says such a move would further regional insecurity and increase nuclear risks.

"No matter how strong and how valid the assurances that China or any other country gives us, once we export uranium it's outside of our control, so we're making the world a dirtier and more dangerous place by exporting uranium," he said.

Professor Lowe is also not convinced by the argument that it would be environmentally better for power-hungry China to seek nuclear, rather than coal-fired, energy.

"Nuclear might be better than coal but it's not nearly as good as renewables," he said.

"Renewables are our real economic opportunity and the real environmental opportunity. In fact China's planning to get 15 per cent of its energy from renewables and only 6 per cent from nuclear."
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