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CANBERRA, Australia (AP) - A government report on Tuesday recommended Australia lift its long-standing restrictions on the export and enrichment of uranium, which it imposed to ensure the mineral is not used to develop nuclear weapons and to allay concerns about radioactive waste disposal.
Australia, which has the world's largest deposits of uranium, only allows three uranium mines to operate in the country, bringing in about $441 million a year.
The report said Australia could add another $1.4 billion annually to its uranium mining industry if federal and state governments lifted restrictions on ore enrichment.
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