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Jabiluka must not be a victim of the illogical three mines policy



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T im Fischer m p Federal Member for Farrer

Leader of the National Party of Australia

Shadow Minister for Energy and Resources

JABILUKA MOST WOT BE A VICTIM OF THE ILLOGICAL THREE MINES POLICY

Jabiluka uranium deposit must be given the green light preferably by abolishing the illogical three mine policy but in any event within the broad definition of that policy the National Party and Shadow Minister for Resources and Energy Tim Fischer said today.

"This massive deposit of uranium is an essential resource going begging and it should now be full steam ahead for this deposit which is now owned by North Broken Hill," Mr Fischer said.

"This is the acid test for Labor's troika of Bob Hawke, Simon Crean and Alan Griffiths, all of whom have spoken out on this policy before.

"Jeannette McHugh from Labor's left wing comprehensively defeated Bob Hawke, Simon Crean and Alan Griffiths at the Hobart ALP conference; now is their chance to turn the table by giving a practical interpretation to the existing illogical policy and

giving the green light for Jabiluka," Mr Fischer said.

"Even so it will still be a half baked effort compared to the Coalition's better alternative of abolishing Labor's three mine policy.

"One wonders why the Prime Minister remained silent during the great uranium debate choosing to complete a cross word rather than showing leadership on this key issue; but now is his chance.

Mr Fischer concluded by saying what is at stake is sensible development, jobs, export income and the very real prospect that Canada will steal the march in supplying the 'light water' reactors that will be coming on stream by the year 2000. Given that Canada has about 10% of the world's low cost uranium

reserves against Australia's 30%, to continue with the current illogical three mines policy makes no sense at all.

ENDS 4 July 1991

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