Australia is negotiating conditions to export uranium to China.
The federal government has been holding talks with Beijing for weeks on a regime of nuclear safeguards that could kickstart a lucrative uranium export trade to China, The Weekend Australian reports.
Nuclear energy is banned in Australia but the issue is being hotly debated within government ranks as a way to meet the nation’s rising energy needs.
Australia earns more than $400 million a year exporting uranium for power generation overseas.