Uranium Boom

Glad to see that federalism is alive and well in Australia:

THE HOWARD Government has seized control of uranium mining in the Northern Territory to give "certainty" to the industry and ensure the expansion of exports to meet growing demands for nuclear energy worldwide.

In a move defying an election pledge by Clare Martin's Labor Government to block new mines, federal Resources Minister Ian Macfarlane declared in Darwin the Territory was "open for business."

And what about the American market in enriched uranium?:

A provision tucked into the 1,724-page energy bill that Congress is poised to enact today would ease export restrictions on bomb-grade uranium, a lucrative victory for a Canadian medical manufacturer and its well-wired Washington lobbyists.