Tuesday, April 4, 2006


China to buy Australian uranium

`Australia and China have signed a nuclear deal allowing Beijing to import Australian uranium for power stations.

The agreement was signed under the gaze of both countries’ prime ministers.

Australia, which has 40% of the world’s known uranium deposits, sells uranium only to members of the Nuclear Non-Proliferation Treaty. [..]

Australia insists that potential uranium buyers must agree to a separate bilateral deal stipulating that they will not divert nuclear fuel into weapons programmes.’

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