26 Minerals Council of Australia The potential economic value to the Australian economy can be measured following a similar process The total beneft to the Australian economy could be as high as 7 billion at 140TGW At a minimum the industry has the potential to deliver approximately 1 billion in economic prosperity It is important to recognise that such a beneft would represent in part a sizeable economic boost to regional areas At the 195TGW the size of the potential economic value of a larger uranium industry is higher The economic beneft may be as high as 95 billion Once again it can be expected that regional areas would be major b e n e f c i a r i e s o f this increase in economic activity It is important to note that the benefts calculated above are not limited to the uranium industry but include benefts to other sectors also F u r t h e r i t i s important to realise that the biggest contribution comes from Australia growing its market share in uranium production There is no reason why the Australian market share should be limited to resource share but nonetheless that goal would be a reasonable policy target Chart 5 Estimated economic beneft in 2040 at 140TG W billions 8 7 6 5 4 3 2 1 0 Source Authors calculations 10 15 20 25 30 Low nuclear case Current policies New policies High nuclear case 450 scenario The benefts calculated ar e not limited to the uranium industry but include benefts to other sectors also