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India in hunt for uranium assets as Australia is seen as ‘investor-friendly’

By · November 21, 2011 · 10:43 am · Leave a Comment

 

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By Amanda Hodge

INDIA will consider acquiring Australian uranium mining assets or leases should Labor overturn its ban on sales at its party conference next month.

The Indian government is pursuing an ambitious nuclear power expansion program and is already in discussions with Kazakhstan and Mongolia to invest in uranium mines there, as well as in joint venture projects in Africa.

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