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Australian uranium exporters winners as Trump dumps quota plan

Jacob Greber

Washington | Australia’s $411 million uranium export industry to the US has dodged a bullet with Donald Trump set to reject calls from local mining companies and some Republicans for a 25 per cent "buy America" domestic quota.

In a big win for lobbying efforts supported by Australia, it is understood Mr Trump will announce shortly that he won't support recommendations from the US Commerce Department that would force nuclear power station operators to buy a significant portion of the radioactive fuel from US suppliers.

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Jacob Greber was The Australian Financial Review’s senior political correspondent. Connect with Jacob on Twitter. Email Jacob at jgreber@afr.com

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    Original URL: https://www.afr.com/news/world/north-america/australian-uranium-exporters-winners-as-trump-dumps-quota-plan-20190712-p526l8