As Rössing Uranium approaches its 50th anniversary, the company has reported one of its strongest operational performances in recent years, producing 3,185 tonnes of uranium oxide during the 2025 financial year and generating more than N$8.2 billion in revenue, according to its latest Sustainability and Performance Report.
The results show that Namibia’s oldest uranium mine produced 585 tonnes more uranium oxide than in 2024, when output stood at 2,600 tonnes, reflecting significantly improved mining and processing performance across the operation.
To achieve that increase, the mine processed 10.07 million tonnes of ore, up from 8.49 million tonnes the previous year. That means the processing plant treated an additional 1.58 million tonnes of ore, while mining operations removed almost 35.93 million tonnes of material from the open pit, compared with 30.33 million tonnes in 2024. In practical terms, Rössing moved an extra 5.6 million tonnes of rock during the year to feed the processing plant.
The stronger operational performance translated into substantially higher sales. Revenue increased from N$5.93 billion in 2024 to N$8.22 billion in 2025, putting an additional N$2.3 billion into the company’s turnover. Rössing attributed the improvement to higher uranium sales volumes, higher metal output, and N$857 million generated from the same-priced purchase of material under a location-swap arrangement.
Yet the financial results also illustrate the pressures facing uranium producers.
Despite generating more revenue and producing substantially more uranium, the company recorded a net profit after tax from normal operations of N$1.022 billion, almost identical to the N$1.028 billion achieved in 2024. The figures suggest that increased operating costs and continued financial pressures across the business largely offset higher production and stronger sales.
Even so, shareholders received a higher dividend.
The Board declared total dividends of 140 cents per share, comprising the 2024 final dividend of 68 cents and a 2025 interim dividend of 72 cents, resulting in total dividend payments of N$231.84 million, compared with N$218.59 million a year earlier.
The report also points to one of the company’s strongest safety performances in recent years.
After recording a fatal accident in 2024, Rössing completed the 2025 financial year without a single fatality. Total workplace injuries declined from 17 to 11. In contrast, the company’s All Injury Frequency Rate improved from 0.65 to 0.38, reflecting a significant reduction in workplace injuries following the implementation of strengthened safety interventions and risk management systems.
Investment in people remained another major priority.
Rössing spent N$12.8 million on employee training and development during the year, funding professional qualifications, correspondence studies and educational support for employees and their dependants. The company also reported continued progress in workforce transformation, with 42.9% of executive positions and 82% of senior management posts now occupied by people from historically disadvantaged groups.
The mine’s contribution extended well beyond uranium production.
During 2025, Rössing spent N$5.12 billion on goods and services, of which N$4.02 billion went to Namibian-registered suppliers. Businesses in the Khomas Region received about N$2.01 billion of that expenditure, while suppliers in the Erongo Region received approximately N$1.65 billion, underlining the mine’s importance to the domestic economy. South African suppliers received N$419 million, while purchases from other international suppliers amounted to N$681 million, largely reflecting imports of sulphuric acid and specialised mining consumables.
The company also invested N$46 million in community development programmes, including N$36 million channelled through the Rössing Foundation. Of that amount, N$14.8 million was invested in projects supporting education, water, enterprise development, climate resilience and other initiatives aligned with Namibia’s national development priorities.
As Rössing prepares to mark half a century of production in June 2026, the latest results demonstrate that the mine continues to operate at a remarkable scale. In a single year, it moved almost 36 million tonnes of material, processed more than 10 million tonnes of ore, generated over N$8.2 billion in revenue, spent more than N$5 billion with suppliers, invested millions in communities and training, and produced the highest uranium output recorded by the operation in recent years. Nearly fifty years after the first drum of uranium oxide left the processing plant, Namibia’s oldest uranium mine continues to play a central role in the country’s mining economy.
