India clinches agreement for Australian uranium supply

Australian Prime Minister Anthony Albanese (R) talks as he stands with Indian Prime Minister Narendra Modi (L) during a press conference at Government House Victoria in Melbourne on July 9, 2026. (AFP)

Indian leader Narendra Modi said he clinched a uranium supply agreement while visiting Australia on July 9, securing a fuel source that will play a crucial role in his nation's nuclear energy ambitions.

Faced with an almost-insatiable appetite for electricity in the world's most populous nation, Modi has outlined plans to substantially scale-up nuclear power generation in coming years.

Australia lays claim to around 28 percent of the world's uranium resource, but legal hurdles and political sensitivities have hindered exports to India.