A long-time uranium fan, the Metal Detective has become dispirited of late about the radioactive substance that greenies and just about everyone else loves to hate.
Coal – another ‘dirty’ fuel disliked by BHP and other greenies – is still fuelling Australia’s trade performance.
But as coal becomes less palatable and is replaced by renewables, which become more dependable and cheaper each year, where does it leave expensive nuclear fission power with a radioactive aftertaste? If the trend plays out as expected, the majors will gradually divest from coal.
BHP is writing blogs about green energy, while Rio is studying how best to exploit its huge Jadar lithium deposit in Serbia that could me...