SKIP TO MAIN CONTENT

PM could imagine uranium export industry

Prime Minister Malcolm Turnbull 'could well imagine' a uranium export industry but is sceptical about nuclear power plants in Australia.

Prime Minister Malcolm Turnbull.
Prime Minister Malcolm Turnbull 'could well imagine' a uranium export industry in Australia. (AAP)

1 min read

Published

Updated

Source: AAP


Skip to article content

Prime Minister Malcolm Turnbull doubts Australians will ever get their power from a nuclear power station but can imagine a uranium export industry.

The prime minister says he's sceptical about Australia having nuclear power stations but with the nation's abundance of uranium, an export and waste storage sector is conceivable.

"That is a business that you could well imagine here," he told Adelaide's FIVEAA radio, while congratulating South Australian Premier Jay Weatherall for launching a royal commission into a possible nuclear industry for the state.

Opposition Leader Bill Shorten agreed nuclear power stations in Australia were unlikely.

"The cost of setting up a nuclear industry from scratch is expensive," he told reporters in Sydney on Wednesday.

News that makes sense

Your trusted source for staying up-to-date with the world around you. Get free daily news updates and analysis, straight to your inbox.

By subscribing, you agree to SBS’s terms of service and privacy policy including receiving email updates from SBS.

However, the outcome of the royal commission into a uranium sector would be "interesting" and could put some evidence on the table, he said.


Get SBS News straight to your inbox

Sign up now for daily news from Australia and around the world. You can also subscribe to Insight's weekly newsletter for in-depth features and first-person stories.

By subscribing, you agree to SBS’s terms of service and privacy policy including receiving email updates from SBS.

Follow SBS News

Download our apps

Listen to our podcasts

Get the latest with our News podcasts on your favourite podcast apps.

Watch on SBS

SBS World News

Take a global view with Australia's most comprehensive world news service

Stream now

Watch the latest news videos from Australia and across the world