India Seeks Uranium Mines Overseas

Bloomberg.com reports India is looking into acquiring uranium mines overseas.

The market news is quoted as saying:

Negotiations are also being held with Canada for importing the reactor fuel and an accord may be signed “soon,” said Srikumar Banerjee, chairman of the Atomic Energy Commission. India, which buys uranium from France, Russia and Kazakhstan, will push ahead with its nuclear-energy program, he said.

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