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The continued exploration of the major brown coal deposits of the Latrobe Valley has resulted not only in the discovery of huge additional reserves, but also in new concepts of the stratigraphy and structure of the coal seams in that area. The author sets out his interpretation of the new information which has become available over the last six years.A section of the paper is devoted to the quality of the coal. As the chemical composition of these brown coals has been discussed in some detail by previous authors, only the major constituents and the heat value of the coal are dealt with in this paper. Some of the variations in quality are related to the geological structure.The occurrence of underground water and its relation to open cuts is dealt with briefly.INTRODUCTIONThe Latrobe Valley Tertiary Basin is almost entirely covered by a layer of Post Tertiary sediments which mask the underlying rocks and their structures. As a result, the geological understanding of this area has had to await the comprehensive drilling campaign in search of brown coal, initiated by the Victorian Mines Department in 1917, and subsequently carried on by the State Electricity Commission of Victoria. The first detailed geology was published by Herman (1922), and this was followed some 25 years later by papers by Edwards, and later Thomas and Baragwanath, to which reference will be made later in this paper. Herman included a section on the geology of the Latrobe Valley in his book Brown Coal, which was published in 1952.Since that time a considerable amount of new information has become available from the continued drilling carried out by the Commission. In addition, geophysical work carried out by the Commonwealth Bureau of Mineral Resources has assisted in the defining of geological structures in the area.

Jan 1, 1960

By R Wynn, R A. Pax, S Mann, B Cornish

The semi-autogenous grinding (SAG) mill at the MMG Century operation has failing load cells that are essential to the control strategy used to stabilise the mill. Currently, mill-bearing pressure is used as a proxy for the load cells, but it has been found to be a noisy signal and lacking in useful sensitivity. It is also prone to variations and drift due to temperature. After consideration of a number of options, a non-contact acoustic array has been installed around the SAG mill to provide a more stable proxy load signal as well as other information about the internal operation of the?mill.The installation consists of 12 microphones to provide some detail into the operational differences that occur during normal operations at the MMG Century SAG mill. This acoustic approach acknowledges that operational grinding mills emit significant acoustic emissions that are a consequence of the dynamic environment prevailing inside them.Previous studies have attributed the acoustic noise to a range of events that occur inside these mills (Pax, 2011; 2012). Consequently, non-contact acoustic determinations of in-mill behaviour can provide powerful insights into the operation of the primary comminution tumbling mills. By measuring key microphone signal attributes at different positions around a mill, a holistic picture of mill internal operation can be developed.This paper will describe the installation of the 12 microphones and discuss the use of the acoustic load signals as a proxy for failing load cells. It will also present data from new observations of internal mill dynamics and the results of implementation of control using these acoustic signals. Key to the control approach has been the development of a logically coherent picture of the processes inside the mill.CITATION:Pax, R A, Wynn, R, Mann, S and Cornish, B, 2014. Implementation of acoustic arrays for semi-autogenous grinding mill?operation, in Proceedings 12th AusIMM Mill Operators’ Conference 2014 , pp 273–282 (The Australasian Institute of Mining and Metallurgy: Melbourne).

Sep 1, 2014

By N Elith

The explosives demolition of a post-stressed, steel reinforced, concrete road bridge in Australia’s capital city, Canberra. The bridge was 50 m from the new replacement bridge, 320 m from community structures and within five kilometres of the national parliament buildings. The job required multiple overlays of risk assessment, public relations, safe work procedures, specialised blast design, environmental predictions and flyrock controls. Project stakeholders included Worksafe, Roads ACT, bridge owners, consulting structural engineers, community groups and road users. The bridge precincts, including a major road underneath, had to remain operational to peak traffic in the days leading up to the demolition. The break-up and removal of debris had to be executed in just two days from Friday to have the road beneath re-opened for Monday morning city-bound traffic.In Canberra, all explosives demolitions are now viewed with particular caution after a demolition in 1997, during which a young girl was killed. Any approval requires that Explosives Regulations, AS2187 2006 and Worksafe processes are satisfied, and a convincing case presented for blasting as a safe and viable option.Our design used specialised shaped cutting and blasting charges to sever in situ concrete beams and tendons and to shatter components of the stressed concrete bridge assembly. We include comments on structural engineering reports dealing with pre-weakening mechanisms. The benefit of pre-weakening is that it reduces the amount of explosives needed to safely complete the job and facilitates quick removal of debris after the shot. The complementary skills of the team, each one an expert in his field, resulted in a highly successful demolition, praised by authorities as an outstanding example of controlled use of explosives.

Nov 8, 2011

By P Holtham, J Meng, E Tabosa, W Xie

Turbulence and its distribution are of great importance in flotation, and have received considerable attention recently. However, there is no mature technique to measure turbulence in three-phase (liquid-solid-gas) industrial flotation cells due to the opaque, highly aggressive and abrasive nature of the slurry involved. Previous research has shown that the piezoelectric vibration sensor (PVS) is a promising tool for turbulence measurement in industrial flotation cells. The PVS is a robust device that converts mechanical vibration to electrical signal, from which turbulence information can be extracted. An improved calibration method has allowed development of a frequency model to calculate the force applied to the sensor. Experimental results and comparison with laser doppler anemometry (LDA) have shown that the PVS can measure fluid kinetic energy, which is related to turbulent kinetic energy, a parameter used in the literature to represent turbulence in flotation. Laboratory measurement in a two-phase (water and air) 60 L cell and with slurry in a 3.5 L cell gave good stable results and mostly consistent trends between the measured turbulence profile and cell operation. When applied in a 300 m3 industrial cell filled with water, the addition of air or slurry to the cell resulted in a shift in the turbulence profile. This is expected because a change in fluid density will change the force applied to the sensor. It is therefore concluded that the piezoelectric sensor is an easy-to-use and robust technique that is fully capable of measuring turbulence in industrial flotation environments.CITATION:Meng, J, Tabosa, E, Xie, W, Runge, K C and Holtham, P, 2014. Development and application of a piezoelectric sensor for turbulence measurement in industrial flotation cells, in Proceedings 12th AusIMM Mill Operators’ Conference 2014 , pp 457–470 (The Australasian Institute of Mining and Metallurgy: Melbourne).

Sep 1, 2014

The control objectives and constraints for grinding circuits are ana- lysed, taking a single-stage ballmill-cyclone circuit as an example. The design of a hierarchical modular control system is described, for implemen- tation on modern microprocessor-based control systems. Product sizing measurement is identified as a problem area, and a new approach to product sizing inference, from on-line cyclone feed and overflow measure- ments, is presented. The procedure over-comes several practical difficulties of a previously proposed inferential method and is therefore expected to find application in more advanced grinding circuit control systems.

Jan 1, 1988

By P J. Howard, P Darvall, J H. Mainwaring

In less than a year, Atlas Iron’s Corunna Downs Project has moved from a new discovery to a substantial resource of high quality in an underexplored greenstone belt. Located approximately 170 km south-east of Port Hedland and 40 km south-west of Marble Bar, in the Pilbara Region of Western Australia, Atlas Iron Ltd (Atlas) has conducted extensive exploration work at Split Rock, Razorback, Runway and Shark Gully, consisting of geophysical surveying, field mapping, 464 reverse circulation and 16 diamond drill holes resulting in a current resource of 51 Mt at 57.3 per cent Fe (Atlas, 2014b).The Corunna Downs Project is interpreted to be hosted within the Cleaverville Formation of the Archaean Gorge Creek Group. Within the project area these rocks outcrop as subvertically dipping banded iron-formations (BIFs) and jaspilites, cherts, minor shales and meta-sediments forming a north–south trending plateau.Primary hematite-martite iron mineralisation is overprinted in the near surface environment by supergene goethite, and frequently capped with a thin laterite cover. The strongest enrichment areas have been discovered within topographic lows, proximal to fault zones, which coincide with a geophysical anolmaly. These characteristics were targeted, and the subsequent areas mapped in greater detail, allowing for efficient resource definition.Although first explored for iron in the late 1960s, it wasn’t until Atlas’ acquisition of the project in October 2012, that major strides were made to defining an economic resource. At present, Corunna Downs is Atlas’ best greenfields exploration discovery, both in terms of the potential scale of the resource and its blending capacity.The Corunna Downs prospect is emerging as a major new iron ore province in the Pilbara and includes 80 km of potential host stratigraphy. Corunna Downs sits strategically between Atlas’ Mt Webber and McPhee Creek tenements, and can play an important part in Atlas’ growth strategy as iron ore market conditions become more volatile and challenging.CITATION:Mainwaring, J H, Howard, P J and Darvall, P, 2015. Discovery of the Corunna Downs deposits, in Proceedings Iron Ore 2015, pp 305–312 (The Australasian Institute of Mining and Metallurgy: Melbourne).

Jul 13, 2015

By Thompson AG, Cadby GW

The New Austrian Tunnelling Method (NATM) is a proven concept for the safe and economic construction of underground facilities. This is especially true for tunnelling activity where changing ground conditions are often encountered. However, the principles central to the NATM have gained only limited use within Australia, presumably due to the measurement process inter- fering with tunnel driving and the cost associated with instrumentation and interpre- tation expertise. The design and operating principles of two basic instruments are explained together with laboratory simulated test results and suggest- ions for use in an integrated NATM style approach to underground excavation and construc- tion. The two instruments monitor load in rock reinforcement and deformation in rock or primary and secondary linings. The instruments may be fitted with a miniature display module which outputs the measured parameter in engineering units directly. The design of the sensing components allows the instruments to be installed in various configurations suitable for routine performance monitoring, quality control, support element testing or detailed investigations. The display module which reduces the need for instrumenta- tion expertise should suit contractors and allow performance data to be obtained which quickly may be used to modify support procedures to suit ground conditions. When complemented by convergence measurements the devices enable most facets of the NATM to be implemented.

Jan 1, 1987

By V Louchnikov

Ever increasing depth of mineral extraction presents a challenging environment for hard rock underground mines. High in situ stresses and associated seismicity with potential rock burst hazards are the major decisive factors contributing to the choice of a ground support regime. Conventional ground support systems, designed primarily for static loads, are not always capable of providing safe working conditions for underground personnel in seismically active mines. Systems specifically developed to resist dynamic loading and allowing for larger deformations are therefore preferred alternatives. High-tensile chain-link mesh has a proven record of successful use in open cut operations in various rockfall barrier installations due to its high energy absorption capacity. It has also been used in underground operations in various parts of the world. Its application in Australian underground mining, however, is limited due to the high labour intensity. This paper describes a method of mechanised installation of a chain-link mesh as trialled at Golden Grove, a base metals underground mine in Western Australia. A purpose-built mechanised roll mesh handler, developed in Australia, was used in this trial. The handler is compatible with all standard multi-boom underground drill rigs and is operated utilising the hydraulic circuit normally used for the feed arrangement.A number of operational benefits have been identified during the trial, the main two being:•improved safety of underground personnel due to the reduced amount of manual handling, and•increased productivity due to the decreased cycle time (the trial suggests a 40 - 50 per cent reduction in time over the weld mesh installation method).Although the energy-absorbing mesh combined with yielding rock bolts is a ground support system of choice for rock burst prone conditions, the operational upsides recognised during the trial imply that this product can also be competitively used in less demanding ground conditions where customarily weld mesh or shotcrete are used as a primary surface support.

Mar 21, 2011

By Cheung L. C C, Maconochie A. P

SIROFRAG is a computer-based imaging system that quantifies the post-blast rock fragment size distribution in a muckpile in a mine environment. Improvements in blast performance and blast modelling are being hampered by a lack of a quick and objective method to evaluate the major result of the blast: the fragment size distribution. This is usually done by hand digitising muckpile photographs: a labour intensive and tedious process. SIROFRAG is being developed to quickly, cheaply and objectively provide this information. SIROFRAG is based on active stereo image analysis. It uses a light stripe to illuminate a muckpile and a pair of video cameras to determine the 3D nature of the scanned objects. The imaging system is based on a novel prototype scanning projector that allows images to he captured in full daylight. The Microsoft Windows based software controls the projector and interprets the captured images to provide a size distribution of exposed rock fragments.

Jan 1, 1995

The Hail Creek coking coal deposits are situated in Central Queensland, inland from the port of Mackay. A joint venture of Australian and Japanese companies has been formed to examine the feasibility of developing these deposits for sale on the overseas markets. The project envisaged involves large scale mining operations and on site benefic- iation to wash the coal to marketable quality. Infrastructure items include a 140 kilometre railway to the coast, a port facility, and at Ilail Creek, power and water supplies, roads and communications, and accommodation for a substantial workforce. The need for town development and the responsibility for the development are established. The town planning implications of coal production at the rate of five million long tons of washed coal per annum from open cut and underground mines are considered. A procedure for estimating the size of the town is expounded and the town size is determined. The factors influencing site selection are explained and a site is suggested. A method of designing the town is described and comments are made on developmental aspects. Spaciousness and preservation featuring the natural environment will be the theme of the town development.

Jan 1, 1973

By B Murphy, T Mattsson, R Crosbie, T Maksimainen

"An Outotec e500 TankCell, with 500 m³ of actual flotation volume, was commissioned at the Kevitsa Cu-Ni-PGE concentrator in northern Finland during 2014. This flotation cell was implemented at the head of the existing copper circuit as the first Cu rougher flotation cell. This was the first flotation cell of this size to be run under production conditions by any supplier anywhere in the world.The cell has been in continuous operation since start-up in October 2014 and has provided improvements in metallurgical performance at very low specific power consumption. On average, the cell has recovered 71 per cent of copper contained in the 0.37 per cent Cu flotation feed at a concentrate grade of 17 per cent Cu. The specific power consumption for the cell (excluding blower power) is typically around 0.4 kW/m³.After start-up, the impeller speed and superficial gas velocity were varied and the impact on metallurgical performance measured. In this paper a review of the cell operation at Kevitsa is given. Furthermore, the impact of mixing and gas dispersion on metallurgical performance is presented.Citation:Crosbie, R, Mattsson, T, Murphy, B and Maksimainen, T, 2016. Metallurgical Performance of Outotec's e500 TankCell at the Kevitsa Cu-Ni-PGE Concentrator, in Proceedings 13th AusIMM Mill Operators’ Conference 2016, pp 127–134 (The Australasian Institute of Mining and Metallurgy: Melbourne)."

Oct 10, 2016

By S Mitra, D O’Dea, N Barrett, T Honeyands, P Zulli

The steel industry continues to explore and demonstrate technologies that decrease its greenhouse gas emissions, especially in blast furnace ironmaking where alternate operating conditions will be required. As the furnace has been optimised over many years, it is approaching the minimum fuel rate possible with coke and Pulverised Coal Injection (PCI). Alternative operating conditions are therefore required to further decrease greenhouse gas emissions. Because of this, hydrogen has been proposed as a reducing agent in the blast furnace. Injection of hydrogen through the tuyeres was assessed using a comprehensive 2D blast furnace global model. The model was calibrated to a blast furnace operating with PCI as a base case and various approaches to hydrogen injection assessed, with a particular focus on displacing PCI. The maximum hydrogen injection rate of 19.5 kg H2 per tonne of hot metal was predicted, limited by decreases in the raceway adiabatic flame temperature and top gas temperature. Internal blast furnace conditions, such as gas composition and reduction degree were also predicted. Holistic analysis was performed to estimate the effectiveness of hydrogen injection on reduction of greenhouse gas emissions. Based on these results, the changes in blast furnace operation and emissions under hydrogen injection are discussed.

Nov 8, 2021

By K Hobbs

Mining is experiencing a difficult period of low profitability and declining productivity. To achieve sustainability, mining companies are challenged with improving output, quality and safety while decreasing costs. At the same time, organisations are having to manage a workforce in which individuals no longer accept a traditional style of management, employees prefer more flexible employment, and diversity within teams is becoming the expected norm.Increasing organisational diversity has been shown to have a positive impact on performance and therefore sustainability. Gender diversity and equality between working men and women is the area most studied in this regard. Executives are becoming more aware of the correlation between gender diversity and performance with some larger organisations having dedicated resources to increase the number and status of women in their organisations. Despite this, limited improvement in gender equality is apparent globally over the last decade with some industries, including mining, going backwards. So why is this the case and what other strategies are available?In 2015, the United Nations Women National Committee Australia (UN Women NCA) in conjunction with Autopia released a white paper discussing the lack of visible change in gender equality despite the widespread implementation of merit-based personnel management strategies. Using research from around the world and thoughts from influential government, education and business leaders, the paper ‘Rethinking Merit’ debunks the myth of the meritocracy. It provides a number of recommendations for organisations committed to improving their performance and sustainability through diversity, including a variety of real-life company examples, instead of relying solely on merit-based decision-making.This paper takes the recommendations of ‘Rethinking Merit’ and applies them to the mining industry. It shows the relevance that rethinking merit has for the industry and why applying the recommendations can result in an increase in diversity, therefore enabling greater performance and sustainability of mining companies. This paper provides case studies from Aurizon, Iluka Resources and BHP Billiton and, as a guide for managers, a generic diversity strategy designed to be implemented alongside traditional merit-based personnel management techniques.CITATION:Hobbs, K, 2016. Rethinking merit for a sustainable mining industry, in Proceedings International Mine Management Conference, pp 139-154 (The Australasian Institute of Mining and Metallurgy: Melbourne).

Jun 22, 2016

By P Viljoen, A Holland, C Parken

In the raisebore industry, there are two known methods of removing large diameter reamer heads once the reaming of an underground shaft is complete: 1. Lower the reamer head to the base of the shaft and use a thermal lance to cut the drill string and drag the reamer away from the hole. This method exposes the person doing the job to falling rocks from the unsupported mineshaft, a hazard which is difficult to control and has caused fatalities. 2. Install breast plates in the backs above the reamer head at the top of the hole, and use air hoists to lift the reamer out of the hole. Steel beams are then placed across the hole which the reamer is lowered down onto, dragged forward away from the hole, disassembled, and removed. This method is time consuming, expensive, and complex in the controls required to ensure safe completion of the job At Carrapateena, the air hoist method had been successfully used, however, with the cost involved and the complexity of this process, development of an improved and fit for purpose reamer removal method was pursued. OZ Minerals collaborated with Pybar to develop an industry first application of Enerpac SL100 lift and shift technology; a track mounted system with hydraulic lifting units that can both lift the reamer out of the hole and tram it back along the tracks away from the hole. A key component of turning the idea into a reality was by establishing a truly collaborative relationship between client and contractor. When the SL100 mobile gantry arrived, it was set up in Adelaide and trialled with the whole raise bore crew attending the two-day workshop and risk assessment; a rare opportunity for drillers. There have now been five successful reamer removals with the SL100 mobile gantry at Carrapateena. It has proven to be an efficient process with the entire process from setup to demobilisation taking less than 48 hours. This new way has completely removed hot works and uncontrolled hazards from working at the bottom of a shaft. It has also saved the reamer stabiliser from being cut and thus wasted. Exposure to the open hole has been minimised significantly as assembly of the SL100 is completed well forward of the open hole. This new process is exponentially safer, quicker and cheaper.

Mar 15, 2021

By G Corder

The aim of the circular economy is to accelerate the transition from a conventional linear take-make-dispose economic model to a circular model. It is restorative and regenerative by design and aims to keep products, components and materials at their highest utility and value at all times. This extended abstract presents a brief overview of the circular economy, provides application of the circular economy in other industrial sectors including the downstream metals value chain and proposes how circular economy thinking could progress the development of complex orebodies.CITATION: Corder, G, 2018. Can the concept of the circular economy help unlock complex orebodies?, in Proceedings Complex Orebodies Conference 2018, pp 8–10 (The Australasian Institute of Mining and Metallurgy: Melbourne).

Nov 21, 2018

By C W. Davis

Every diesel engine emits approximately 100 million nano diesel particles (nDP) per cubic centimetre of raw exhaust. Each nDP has a diameter of between 50 and 70 nano metres or 1/100th the size of red blood cells (diameter of between 6 and 8 microns). When inhaled, some nDP pass through the lungs and penetrate all body tissue [1]. Europe and North America have recognised and are addressing the long term health problems posed by nano diesel particulate matter (nDPM) across their societies [2.3]. Australia has been slow to recognise the issue, at both a societal and mining industry level. There are chronic health effects for every underground miner and serious legal issues for mining companies with increasingly stringent Occupational Health and Safety legislation being implemented at a state level across Australia. This paper will review progress within Australian society and more particularly the underground hard rock mining industry, particularly in Western Australia (WA).

Mar 15, 2021

By S Khadhraoui, T Yusuf, C Kirmse, E Hecker, R Degel, A Akouch, N Borowski, M Reuter

For an optimal design and control of metallurgical processes, a deep understanding of the thermodynamics of the governing reactions is required. Modelling the thermochemical behaviour of those reactions is complex, as it involves multi-component and multi-phase systems. For this purpose, thermodynamic computing systems such as FactSage™ (Bale et al, 2016), which combine Gibbs energy minimisation routines with large databases of optimised thermodynamic data of solutions and compounds, have been used within the SMS group GmbH. Recently, the successful integration of those thermodynamic computing systems into the digital platforms of SMS has been achieved through ChemApp, which made running complex thermochemical calculations in Python-integrated development environments possible. ChemApp is a programmer’s package for thermochemistry and incorporates the Gibbs energy minimiser of FactSage™ as reported by Petersen and Hack (2007) as well as by Zietsman and Petersen (2018). The digital platforms link the fundamental and the industrial aspects together and can be applied as a process advisor, or for the evaluation of the environmental footprint and the economic implications of different process routes, as discussed by Reuter (2023). Two examples illustrating the progress of the developments in this regard will be introduced: 1. The Tilting Refining Furnace (TRF) for copper scrap recycling and refining to anode copper (the BlueControlApp). 2. Dephosphorisation control for the oxygen steelmaking process (Basic Oxygen Furnace (BOF)).

Jun 19, 2024

By T N. Little

The aim of any rock breaking activity is to achieve success by developing designs that are blasting objective-specific and geology-specific, and then implementing such designs. This paper targets mining geologists with the aim of extending their knowledge of the rock fragmentation processes and providing insights to the significant relationships between geology and blasting. There are two main relationships, and if mining geologists appreciate both these relationships, then they can play a key role in optimising production. The business risk continuum is introduced to support this understanding. The first relationship is between geology and potential blasting hazards, and the operational complexity required to manage those risks. The risks associated with eight different ground types are discussed in terms of ground conditions, hazards and controls. These types are: reactive ground, hot ground, geothermal ground, fibrous ground, cavernous ground, combustible ground, pyritic ground and conductive ground.The second relationship is between the bench geology and blasting results. The blasting results discussed include: muckpile characteristics, remaining rock faces and blasting emissions. In this regard, some detailed insights and graphical examples are given for the influence of geology on blasting emissions, in particular, vibration, airblast and flyrock.A detailed description of the geological materials themselves can convey much useful information for blasting operators provided they are able to utilise this knowledge. Geologists are ideally suited to provide this description more effectively if they are familiar with the blasting process and the rock mass properties that influence blasting hazards and blasting results. It is also important to have clear statements of blasting objectives and associated operational targets, and this will maximise the likelihood of achieving the desired outcomes. The main aim of the paper is to highlight that geology is currently not fully utilised in the blasting process. In this regard, geologists are often not entirely aware of the blasting process and how they can contribute. The two significant relationships discussed above are integral parts of this process, and thus they are discussed as separate issues in the main body of this investigation.

Aug 22, 2011

By E Gabriel, J C. Koppe, A Gomes and P Crispim, R Schaarsdmit, I Pablos

Drill and blast (D&B) is one of the most important production operations in open pit mining. The resulting fragmentation of the D&B reflects in the downstream unit operation. Good fragmentation of the ore will minimise the cost of loading, hauling and crushing. The understanding of the geological model integrated with a software system for bench face surveying and planning of blast layouts based on three-dimensional images can help to achieve the fragmentation goals of the mine operation. A case study integrating these tools was carried out in a large iron mine in Brazil. The iron ore in the study area consists of hard and friable itabirites. More than three different ore types may occur on the same bench. Under these conditions, data integration becomes necessary to improve the results of blasting. A blasting plan was based on the generated geological model. The methodology helps understanding the factors that can interfere in the fragmentation process, allowing defining actions that can improve the blast design in those places that fragmentation wasn’t achieved. This condition is important for a continuous improvement of the drilling and blasting operation. In comparison with the previous blasting carried out at Itabira mine, which did not take into account the geological model, substantial improvements in fragmentation were observed, eliminating the need for secondary blasting.CITATION:Schaarsdmit, R, Pablos, I, Koppe, J C, Gabriel, E, Gomes, A and Crispim, P, 2015. Geological modelling and bench face survey to improve blasting fragmentation, in Proceedings 11th International Symposium on Rock Fragmentation by Blasting, pp 401–406 (The Australasian Institute of Mining and Metallurgy: Melbourne).

Aug 24, 2015

By Lloyd C. J

The uranium markets are at present well covered by available producers. However the predicted increase in demand, recently reinforc- ed by the Arab oil crisis, will by, the early 1980s'outdistance supply. Current trends are towards light water reactors with-fast breeder reactors not expected to make any significant impact to the mid 1980s. The proposed lifting of the US embargo on the use of foreign uranium in US reactors will expand the market available to non US producers. A balancing in supply and demand worldwide will probably occur in the early 1980s. Australia's potential producers at present hold about 20 percent of the worlds U308 resources. Three companies, have contracts to supply nearly 10 900 tonnes of U308 between now and 1986 which represents about 1 percent of the predicted demand to 1986. Australian producers need to establish themselves more firmly in the market place in order that other countries will not replace us. Contracts can be written now which will allow for world market prices to be paid in the future, thus protecting the Australian producer.

Jan 1, 1974