Global Demand for Nuclear Energy Fuels Rise in Australian Uranium Exports

‘It’s good news for the uranium export miners at the moment,’ said Mark Weaver, a general manager at the Australian Radioactive Waste Agency.

Cylinders of uranium from the Russian cargo ship unloaded at the port of Dunkirk, northern France, on March 20, 2023.Sameer Al-Doumy/AFP via Getty Images

The Department of Industry, Science, and Resources (DISR) has revealed that there has been a significant increase in Australia’s uranium exports due to growing global demand for nuclear energy.

Mark Weaver, general manager at the Australian Radioactive Waste Agency, a part of the DISR, said the growth began in 2020.