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Trump sanction pass a boost for stalled projects

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Australian-based uranium players say US President Donald Trump ran the risk of being blamed for job losses at nuclear power plants on American soil if he had imposed sanctions on imports.

Vimy Resources chief nuclear officer Julian Tapp said it appeared Mr Trump had been keen to avoid picking a fight with nuclear utilities in rejecting calls from US-based miners for a domestic quota on uranium supply.

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Brad Thompson writes across business and politics from Western Australia for The Australian Financial Review. Brad is based in our Perth bureau. Connect with Brad on Twitter. Email Brad at brad.thompson@afr.com

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    Original URL: https://www.afr.com/companies/energy/trump-sanction-pass-a-boost-for-stalled-projects-20190715-p527ch