Trade war spills into uranium as U.S. weighs import tariffs
The Trump administration began an investigation into whether uranium imports threaten national security, a move that may lead to tariffs on the nuclear power plant fuel.
The draft terms of the reference for SA's royal commission into the role of nuclear power should investigate the costs of uranium mining, conservationists say.
Kaiser believes the easiest way to bolster the sector, which exists to provide capital to find and develop new mines, is to abolish Accredited Investor Exemption rules that currently restrict non-rich people from giving money directly to the treasuries of these companies.
Glencore has slashed spending for this year by up to $US1.4 billion amid a rout in commodity prices, and will spin-off its stake in the unwanted South African platinum producer Lonmin inherited in its merger with Xstrata two years ago.