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The same will happen with the uranium sector.
In short, Australia's uranium sector is high risk and low return.
It needs to, and Australia's uranium sector deserves some long overdue scrutiny.
If Bishop continues to put the interests of a high risk, low return industrial sector before those of our nation and region, the consequence is that it is likely that Australia's uranium sector will fuel future Fukushimas.
That deal made clear that Uranium One was intent on becoming "a powerhouse in the United States uranium sector with the potential to become the domestic supplier of choice for U.S. utilities," the company declared.
But the uranium sector has collapsed since 2011.
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In the current issue, for example, you'll find an in-depth report on the coal sector, uranium, and updates on all of our portfolio companies that are poised to benefit most from the European Energy Renaissance.
National security type reviews (section 232) were also implemented in relation to steel and aluminum ($46.1 billion of imports) and are underway for both the automotive ($290 billion including both cars and parts) and uranium products ($2.8 billion) sectors.
The main use of uranium in the civilian sector is to fuel nuclear power plants.
The major application of uranium in the military sector is in high-density penetrators.
The economy has struggled for years, with uranium deposits undeveloped, the cotton sector in trouble and gold and diamond mines under the control of militias.
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CEO of Professional Science Editing for Scientists @ prosciediting.com