The Australian Business Review • 20 January 2025
Special Report: The AUKUS alliance could unlock big opportunities for local companies able to capitalise on growing nuclear-related industry.
There’s been hot debate about the Australian-UK-US plan to provide Australia with nuclear-powered submarines at a cost of up to $368 billion. But one thing seems clear: The AUKUS alliance presents potentially huge opportunities for local companies aligned with the burgeoning nuclear technology and advanced manufacturing sectors.
Australia is already preparing to conduct maintenance for deployments of up to five nuclear-powered submarines from the US and UK to Western Australia’s HMAS Stirling base in 2027.
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