Australia, India strike deal on uranium exports during Modi visit
The arrangement opens a new uranium market for Australia and supports India’s plan to expand nuclear power, officials said.
- Prime Minister Anthony Albanese and Indian Prime Minister Narendra Modi are poised to finalize an agreement to boost Australian uranium exports to India after over a decade of delays since their nuclear co-operation pact.
- Modi arrived in Melbourne for meetings and a large rally with 30,000 Indian-Australian community members at Marvel Stadium.
- The leaders are expected to sign agreements on uranium supply, critical minerals, and defence co-operation.
- India aims to reach 100GW of nuclear power capacity by 2047, significantly increasing its current levels, which will increase the need for uranium that Modi seeks to secure from Australia.
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85 Articles
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India in its biggest development, has signed an agreement with Australia to export Uranium to India for peaceful civilian use. This deal was signed during the 3rd India-Australia Annual Summit in Melbourne where PM Modi met Australian PM Anthony Albanese. This
Australia Agrees to Sell Uranium to India During Modi Visit
Australia to sell uranium to India
Canberra signed an administrative deal with New Delhi for exports held up for years over concerns about weapons use Australia agreed to supply uranium to India, ending a stalemate in talks since 2014 following New Delhi’s refusal to sign a nuclear non-proliferation treaty. Indian Prime Minister Narendra Modi and Australia’s Prime Minister Anthony Albanese signed...
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