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India's largest power producer, state-controlled NTPC, has issued a tender to appoint consultants to identify uranium-mining assets in Canada, Australia, Kazakhstan and South Africa, with bids due July 16, 2026. The push supports India's plan to grow nuclear capacity more than elevenfold by 2047, with NTPC targeting about 30% of a 100 GW goal, after a December law ended the state monopoly on atomic power generation. During a visit to Melbourne, Prime Minister Narendra Modi agreed to import uranium from Australia, adding to existing supplies from Uzbekistan, Russia and Canada's Cameco Corp.
Cameco's $2.6bn supply deal to start deliveries from 2027Cameco's C$2.6-billion agreement with India's Department of Atomic Energy, signed during Canadian Prime Minister Mark Carney's March 2 visit, will deliver nearly 22-million pounds of uranium ore concentrate from 2027 to 2035, under the Canada–India Strategic Energy Partnership.
India lifted gold and silver import tariffs to curb demandIndia earlier raised import tariffs on gold and silver to 15% from 6% to ease pressure on foreign exchange reserves, after Modi urged citizens to avoid gold purchases for a year.
Narendra Modi Updates
India’s largest power producer is seeking to invest in overseas uranium mines to secure supplies needed to fuel 30 GW of nuclear power capacity it plans to build over the next two decades....
The foreign ministers of Australia, India, Japan and the US agreed to jointly build a port in Fiji and signed pacts covering critical minerals and energy security, as they sought to inject fresh...
India has raised import tariffs on gold and silver to 15% from 6%, government orders said on Wednesday, as part of efforts to curb overseas purchases of the metals and ease pressure on the...
Indian banks have resumed gold and silver imports after a hiatus that stretched for more than a month by agreeing to pay a 3% customs levy that earlier prompted lenders to halt shipments, trade and...
Canadian uranium major Cameco has signed a C$2.6-billion long-term supply agreement with India’s Department of Atomic Energy, committing to deliver nearly 22-million pounds of uranium ore...
India moved to deepen trade ties with Brazil on Saturday, signing a pact to expand cooperation in mining and minerals as it seeks to meet rising domestic steel demand and support capacity expansion...
President Emmanuel Macron called for a renewed push by French companies and financiers into Africa, arguing that excessive regulation and corporate caution have allowed rivals to displace France...
Canada and India are close to finalizing an export agreement in a deal valued at about $2.8-billion, the Globe and Mail reported on Monday, citing people familiar with the matter. The deal for...
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