Uranium exports set for India, UAE

Australian uranium is set to be exported to India and the United Arab Emirates under new safeguard arrangements.

Toro Energy's continuous miner during Wiluna project's mining trials in Western Australia's Mid-West region

Source: AAP

Uranium exports from Australia to India and the United Arab Emirates are poised to start.

Foreign Minister Julie Bishop says exports to India for use in its power plants could start immediately following the signing of the Australia-India Nuclear Cooperation Agreement's administrative arrangements.

The government has also finalised an agreement with the UAE to supply uranium for its developing nuclear power program.

The two agreements set out strict conditions for the peaceful use, safeguarding and security of Australian uranium, Ms Bishop said in a statement on Wednesday.


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Source: AAP


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