Uranium deal, LNG import among key outcomes expected as PM Modi visits Australia

A historic uranium deal, plans to boost LNG imports and a stronger defence partnership are among the key outcomes expected from Prime Minister Narendra Modi’s visit to Australia, according to sources.

The Prime Minister and his Australian counterpart, Anthony Albanese, are expected to discuss a broad agenda, ranging from energy security and critical minerals to defence cooperation, maritime security, and technology partnerships, during the three-day visit.

The visit comes at a time when both countries are looking to deepen cooperation amid shifting geopolitical dynamics in the Indo-Pacific region.

Historic uranium pact, LNG in focus
A “historic Uranium agreement to secure Uranium supplies for India’s civil nuclear energy” is expected to be among the major highlights of the visit, sources said. The deal would strengthen India’s energy security as it looks to expand its nuclear power capacity.

The deal holds significance as Australia currently has the world’s largest known uranium reserves, accounting for nearly 28 per cent of global resources, making it a crucial partner of New Delhi.