The Federal Government says it has no concerns about China expanding its use of uranium for nuclear power generation.

Australia's mining industry is expecting China's plans to build five more nuclear plants to create more opportunities for uranium exports.

The Resources and Energy Minister, Martin Ferguson, says the Government has an agreement with China on the safe use of Australian uranium.

"We will continue to export as much of our commodities we can, including uranium, to countries who are interested in purchasing our commodities," he said.

"But obviously with respect to the issue of uranium, there are very clear demands from the Government... which guarantees the safe use of Australian uranium."

Markets 'going begging'

But the Opposition's resources spokesman, Ian Macfarlane, says Australia risks losing business to other nations unless the Government loosens restrictions on the market.

He says the Government needs to allow new uranium mines to be opened and permit exports to more nations.

"There are billions of dollars of uranium lying in the ground in Queensland and the potential for jobs to go with that," he said.

"As well as that, we've got a confused policy from the Rudd Government on exporting uranium to countries like India under the same terms and conditions as the Rudd Government has already agreed to export uranium to China on.

"So, there are markets there going begging at the moment."