News & Features, Resource News, Uranium
India seeks uranium mining assets
By Mineweb · November 29, 2011 · 10:22 am · Leave a Comment
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By Shivom Seth
Energy hungry India is seeking opportunities to own uranium mining assets abroad. Even as it is looking to access uranium directly from South Africa, India is also eager to scout for uranium mines in Australia, once the country reverses its policy against sale of the nuclear fuel.
“Following the International Civil Nuclear Cooperation, we see an opportunity to own uranium assets. There is also an opportunity to enter into long term contracts for the supply of uranium to run our nuclear plants,” said R K Sinha, director at Bhabha Atomic Research Centre, Mumbai.
