Why Wiluna is worth watching

On the surface the economics of Toro Energy's Wiluna uranium mine stack up. That is, of course, until you factor in clean-up costs.

What could be Western Australia’s first uranium mine is unlikely to turn a profit unless costs to clean up the mine can be made to disappear.

Our modelling of the economics of Toro Energy’s Wiluna uranium project found that the mine is unviable if Toro Energy has to pay even optimistic estimates for the decommissioning and rehabilitation of the site.

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