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Tuesday
Nov182014

Australian uranium shipments planned for 2015 as India ramps up nuclear power  

The uranium industry is hoping to make trial shipments to India next year as the nation makes plans to move to 25 per cent nuclear power by 2050.

Prime Minister Tony Abbott and Indian leader Narendra Modi have discussed the supply of Australian uranium for India's nuclear power plants.

It follows their signing of a safeguards agreement in New Delhi in September, overturning a long-standing ban on uranium exports to the subcontinent.

In his address to federal parliament on Tuesday, Prime Minister Modi said he saw Australia as a major partner in his country's quest to boost electricity production and address climate change.


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