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Home News Uranium

Namibia maintains top three position in global uranium production

by Editor
July 1, 2025
in Uranium
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Namibia maintains top three position in global uranium production
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Namibia continues to hold its place as one of the world’s leading uranium producers in 2025, securing the number three spot globally behind Kazakhstan and Canada.

With an estimated production range of 5,500 to 6,500 tonnes of uranium concentrate (U₃O₈) this year, Namibia remains a reliable supplier in an industry experiencing renewed demand.

Over the past five years, Namibia’s uranium sector has delivered stable results despite changes in the global market. Production has typically stayed in the 5,500–6,500 tonne range annually, accounting for around 11–12% of global mined supply. This consistent output reflects the strength of its key operations and the country’s stable investment climate.

Namibia’s uranium production is centred on three primary mines: Husab, Rössing, and Langer Heinrich.

Husab Mine, operated by Swakop Uranium, is the country’s largest producer and one of the world’s biggest open-pit uranium mines. Since its commissioning in 2016, it has delivered between 4,000 and 4,500 tonnes of U₃O₈ annually, making it the backbone of Namibia’s uranium industry.

The Rössing Mine, one of the longest-running uranium mines in the world, has maintained steady production in the range of 2,200 to 2,500 tonnes each year. Its reliable output continues to play a significant role in Namibia’s export profile.

Langer Heinrich Mine resumed production in 2024 after being on care and maintenance for several years. Its restart was well-timed with rising global uranium prices. By mid-2024, it had produced around 235 tonnes of U₃O₈, and it is expected to ramp up further in 2025 toward an annual target of approximately 1,300 to 1,600 tonnes.

Between 2018 and 2022, Namibia maintained its uranium production levels despite global challenges, including disruptions caused by the COVID-19 pandemic. Unlike some producers who scaled back operations, Namibia’s output remained steady thanks to Husab and Rössing. In 2022, national production was reported at approximately 5,613 tonnes, accounting for over 11% of global mine output.

The return of Langer Heinrich in 2024 marked a significant development for Namibia’s uranium industry. Its contribution, combined with stable output from Husab and Rössing, pushed Namibia’s total production for 2024 toward an estimated 6,800 tonnes.

Namibia’s uranium industry benefits from a policy environment that supports mining investment and development. Bannerman Energy’s Etango Uranium Project is one of the most advanced new developments in the sector.

As of mid-2025, Bannerman reports steady progress on early construction works at Etango, with over one million lost-time-injury-free hours achieved. The project has secured key infrastructure agreements for power and water supply and completed a capital raise to support the next phase of construction. A Final Investment Decision is targeted for 2025.

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