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Australia could buy South Korean nuclear reactors

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Seoul/Canberra | The Coalition will consider buying reactors from South Korea as part of its plan to build seven nuclear power stations in Australia by 2050.

South Korea is gradually increasing its exports of nuclear energy technology to diversify its economic base and strengthen its geopolitical influence.

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Michael Read is the Financial Review's economics correspondent, reporting from the federal press gallery at Parliament House. He was previously an economist at the Reserve Bank of Australia and at UBS. Connect with Michael on Twitter. Email Michael at michael.read@afr.com
Elouise Fowler is a journalist for The Australian Financial Review based in the Melbourne office. Connect with Elouise on Twitter. Email Elouise at elouise.fowler@afr.com.au

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    Original URL: https://www.afr.com/policy/economy/australia-could-buy-south-korean-nuclear-reactors-20240722-p5jvgo