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Australia Lines Up Honeymoon Uranium Mine as Nuclear Momentum Builds

  • Developer says mine can be ready to restart in 12 months
  • U.S. backing subsidies for nuclear power, China ramping up
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Photographer: Daniel Acker/Bloomberg

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The planned restart of a mothballed uranium mine in Australia -- the world’s third-largest producer -- is a fresh sign that developers are beginning to respond to an improving demand outlook and the support of the Biden administration for zero-emissions nuclear energy.