East Asia – a nuclear hotspot?

By 2050, at least half the world’s new nuclear power plants are likely to be built in East Asia. Most of these planned plants will be built in China, Taiwan and South Korea. However, there are tentative proposals that other plants for elsewhere in the region, including Vietnam and Indonesia. However, one thing for certain, Australia will be supplying the uranium to these countries. It is funny that Australia is happy to mine uranium for export, but not use it itself. Nevertheless, unlike many of its North Asian neighbours, it has a vast treasure-house of energy resources. Therefore, the energy security concerns its customers have do not apply for Australia.



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