India Seals Uranium Pact with Australia

Australia will start shipping uranium to India as India joins the international nuclear community after being kept away due to not signing a nuclear non-proliferation treaty.

According to Mineweb:

Anil Wadhwa, a government official in the External Affairs Ministry said the two countries would sign four agreements during the visit, whereas the agreement that caters to the export of the yellow cake inked earlier, has seen steady progress.

He added that though India has uranium export deals with 11 countries and imports uranium from Russia, France, and Kazakhstan, India would be the first country to get Australian uranium without being a signatory to the nuclear non proliferation treaty.

Neelima Patil, an analyst, said:

Deputy Premier of South Australia John Rau has said as much, while on his visit to Delhi last week, that Australian uranium miners have been waiting for some time to ink joint ventures with India, given the policy changes that have been announced over the past two years.

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