Australia, India strike deal on uranium exports during PM Modi’s visit
Australia and India have signed an agreement allowing Australia to export uranium to India for its nuclear energy industry. Indian Prime Minister Narendra Modi stated this agreement will support India's clean energy objectives and help it meet a target of 100 gigawatts of nuclear energy capacity by 2047.
The story so far
- Jul 9
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Open questions and key claims
Australia's relationship with India has 'never been stronger,' according to Prime Minister Albanese.
Narendra Modi's leadership and personal engagement with Australia have been central to the strengthening of the bilateral relationship.
The arrangement allows long-term uranium exports for 'exclusively peaceful purposes'.
Narendra Modi is expected to address over 20,000 members of the Indian-Australian community at Marvel Stadium.
India has long eyed Australia’s uranium to help meet a target of 100 gigawatts of nuclear energy capacity by 2047.
Australia’s uranium reserves make up around 28 percent of the world’s supply.
Australia has agreed to sell uranium to India.
This agreement ends a long stalemate between the two countries.
Who and where
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