Albanese and Modi power up Australia–India energy future with uranium export pact

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Australia and India have strengthened cooperation on energy security, critical minerals and resilient supply chains, with the two countries announcing new steps including enabling Australian uranium exports to India for peaceful purposes.

Prime Minister Anthony Albanese and Indian Prime Minister Narendra Modi welcomed the Australia–India Joint Statement on Energy Security during their meeting in Melbourne, reaffirming their commitment to secure, reliable and sustainable energy supplies.

The agreement highlights cooperation across traditional energy sources, renewable energy, critical minerals and future technologies as both nations navigate global energy challenges and accelerate the transition towards cleaner energy systems.

A key milestone is the completion of administrative arrangements allowing Australian uranium exports to India under the 2015 Australia–India Nuclear Cooperation Agreement, exclusively for peaceful purposes and under International Atomic Energy Agency safeguards.

Prime Minister Albanese said Australia and India shared a commitment to strengthening energy security and building resilient supply chains. “India is an important and reliable energy partner for Australia, and we look forward to continuing to enjoy a mutually beneficial energy trading relationship,” he said.

“Australia’s natural resources are vital for other countries’ energy security and stability, and we look forward to becoming a reliable, trusted supplier of uranium to India.”

The two leaders also welcomed progress under the India–Australia Renewable Energy Partnership, including the opening of the Rooftop Solar Training Academy in Gujarat, which aims to support skills development and solar energy expansion.

The partnership will also strengthen collaboration between Geoscience Australia and the Geological Survey of India through a renewed memorandum of understanding focused on resource mapping, scientific exchanges and critical mineral exploration.

Prime Minister Modi said the latest agreements represented significant progress across multiple sectors of the bilateral relationship.

“Today’s talks have unparalleled outcomes in areas such as renewable energy, climate action, nuclear energy, critical minerals, technology, education and more.”

He added that Australia and India were also working towards accelerating the Comprehensive Economic Cooperation Agreement (CECA), saying the deal would be “balanced, ambitious and beneficial for both countries.”

The Joint Statement recognises Australia’s role as a major supplier of resources, including coal and liquefied natural gas to India, while India remains an important supplier of refined petroleum products to Australia.

Both nations committed to maintaining stable energy flows, encouraging investment across the energy value chain and strengthening regional energy resilience, including for Pacific Island countries.

The announcement forms part of a broader series of agreements unveiled during Prime Minister Modi’s visit to Australia, covering defence and security, education, technology, culture, trade and sport.

The leaders said cooperation on energy and resources would play a key role in supporting economic growth, supply chain resilience and the long-term Australia–India strategic partnership.

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