Published • loading... • Updated
Australia, India strike deal on uranium exports during Modi visit
The long-term deal opens a new market for Australian miners and supports India’s plan to expand nuclear power capacity to 100 gigawatts by 2047.
- On Thursday, July 9, 2026, Indian Prime Minister Narendra Modi and Australian Prime Minister Anthony Albanese finalized administrative arrangements in Melbourne, enabling long-term Australian uranium exports to India for exclusively peaceful purposes under International Atomic Energy Agency safeguards.
- The agreement resolves technical formalities that stalled commercial uranium trade for over a decade following the 2014 civil nuclear cooperation pact, addressing concerns regarding potential weapons diversion while ensuring fuel is used solely for peaceful civilian power generation.
- India aims to expand nuclear capacity to 100 gigawatts by 2047, while the deal helps Australia diversify trade beyond its reliance on China; Australia holds nearly 28 percent of global uranium reserves, providing a reliable fuel source.
- Beyond nuclear energy, the leaders signed 18 pacts pledging greater defense and security cooperation in the Indo-Pacific, with their joint statement describing the expanded partnership as reflecting a "step change in the depth and ambition" of the relationship.
- The visit coincides with regional security tensions following Australia's criticism of China's recent ballistic missile test, while small protest groups gathered in Melbourne to voice concerns regarding domestic Indian politics and immigration policies.
Insights by Ground AI
Podcasts & Opinions
101 Articles
101 Articles
Australia agrees to sell uranium to India, ending stalemate
WELLINGTON, New Zealand — Australia will begin to sell uranium to India for peaceful purposes after the two countries' leaders signed an administrative deal Thursday, enacting an agreement on exports of the material that was held up for years over…
Australia Agrees to Sell Uranium to India During Modi Visit
·New York, United States
Read Full Article
Coverage Details
Total News Sources101
Leaning Left19Leaning Right27Center20Last UpdatedBias Distribution41% Right
Bias Distribution
- 41% of the sources lean Right
41% Right
L 29%
C 30%
R 41%
Factuality
To view factuality data please Upgrade to Premium
