250t Canadian uranium fuelling Indian reactors

p2 biz Indian-Point-hudsonBy A Staff Reporter

As much as 250 tonnes of Canadian uranium went to fuel Indian nuclear plants in 2015-16.

Altogether, India imported 600 tonnes of uranium last year.

Of the total, an estimated 345 tonnes was sourced by New Delhi from Russia.

The radioactive material trade flows from bilateral civil nuclear cooperation agreements India has signed with Canada and India.


Help for Harayana farmers

In other Indo-Canada business news, Canada is to showcase several horticultural techniques at the ‘Agro Tech Fair’ in November.

The move is aimed at helping farmers in Haryana.

Canada‚Äôs Consul-General Christopher Gibbins recently called on Haryana Chief Secretary D.S. Dhesi and discussed the possibilities of mutual cooperation in various fields, including ‘Smart City,’ horticulture, skill development, and higher education.

Gibbins also discussed trade possibilities in machinery used in horticulture.


Tata-Canada venture gets Quebec cash

Tata Steel has said the Quebec government will invest $175 million (Rs884.8 crore) in its joint venture firm’s direct shipping iron ore project (DSO project).

Tata Steel Minerals Canada (TSMC) is a joint venture established in October 2010 by the Indian firm and New Millennium Iron Corp, with the former owning 94 per cent.

Quebec’s Deputy Premier Lise Theriault announced award of the government financial contribution to support achievement at Schefferville of a DSO project, Tata Steel said.

TSMC is developing the DSO deposits located in Quebec and Newfoundland and Labrador and forecasts an annual production of over 6 million tonnes of iron ore.

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