Council Warns Australia’s Position as Top Global Supplier of Uranium at Risk Due to Domestic Restrictions on Shipping
The Uranium Council has warned in a high-level advisory report to Australian energy and resources ministers that the country's position as top supplier of the mineral is at risk. The council blamed the development on domestic restrictions in shipping uranium.
Although Australia owns over a third of global reserves of uranium, it is being overtaken by Kazakhstan and Canada, the report pointed out.
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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
