Australia is set to begin uranium exports to India as the two nations unveiled a series of commitments during Prime Minister Narendra Modi’s official state visit.
Modi and Australian Prime Minister Anthony Albanese signed an “administrative arrangement” to allow for uranium exports to India for peaceful purposes under the 2015 Australia–India Nuclear Cooperation Agreement.
Australia has one-third of the world’s raw uranium, while India has plans to massively increase its nuclear power generation from 8 gigawatts to 100 gigawatts by 2047.
“Australia’s natural resources are vital for other countries’ energy security and stability, and we look forward to becoming a reliable, trusted supplier of uranium to India,” said Albanese in a statement….
Australia Set to Begin Uranium Exports to India Amid Mass Nuclear Power Expansion
