What is the India-Australia uranium supplies agreement?

2. Why in the News

3. Background & Evolution

4. Core Static Facts

Item Detail
Governing treaty Australia-India Nuclear Cooperation Agreement, 2015 [S3]
Entry into force 13 November 2015 [S1]
Safeguarding body International Atomic Energy Agency (IAEA) — exports under IAEA watch [S3]
Purpose restriction Exclusively peaceful purposes [S3]
Enabling domestic law for private participation SHANTI Act, 2025 (assented 21 December 2025), replaces Atomic Energy Act 1962 & Civil Liability for Nuclear Damage Act 2010 [S2]
Liability under SHANTI Act Tiered, ₹100 crore to ₹3,000 crore based on power capacity [S2]
Government's retained monopoly under SHANTI Act Nuclear fuel cycle, waste management, security operations [S2]
Australia's global uranium reserve share More than one-quarter (25%+) of global reserves [S3]
New participants enabled Private Australian mining entities ↔ Indian private companies/joint ventures [S3]

5. Multi-Dimensional Analysis

Geopolitical/Strategic - Diversifies India's nuclear fuel sourcing amid Middle East energy disruption (U.S.-Israel-Iran conflict) [S3]. - Deepens India-Australia strategic partnership, part of broader Indo-Pacific/Quad-adjacent cooperation.

Economic - Opens a new private commercial channel for uranium trade, previously confined to state-to-state/PSU (NPCIL) arrangements. - Supports India's stated 100 GW nuclear capacity roadmap enabled by SHANTI Act [S2].

Legal/Constitutional - Administrative arrangement operates as an implementing instrument under the 2015 treaty, not a fresh treaty — treaty-making power vests with the Union Executive. - SHANTI Act replaces two standalone statutes (1962 Act, 2010 liability Act) into a unified framework [S2].

Scientific/Technological - Enables technology transfer and personnel training between the two countries, per treaty scope [S1].

Administrative - Requires Indian private entities to operate under Central Government license and safety authorisation of the Regulatory Board per SHANTI Act [S2].

6. Recent Developments (last 12-18 months)

7. Prelims Hooks

8. Mains Relevance

9. Related Topics to Study Next

10. Common Errors / Trap Areas

11. Sources