Rössing Uranium recorded its highest production of uranium oxide in more than a decade in 2025, generating over N$1 billion in profit.
The mine in the Erongo region is the longest-running uranium mine in the world and is majority-owned by the China National Uranium Corporation.
The company’s 2025 sustainability and performance report, released on Friday, shows the company paid N$750 million in taxes, royalties, and dividends in Namibia.
“The company recorded one of its strongest operational performances in recent years, successfully processing 10 million tonnes of ore through its mills, achieving the highest mill throughput since 2013,” spokesperson Daylight Ekandjo says.
Rössing produced over 3 000 tonnes of uranium oxide for the first time since 2010.
Namibia is now the third-largest primary producer of uranium oxide globally after Kazakhstan and Canada.
“Our 2025 performance reflects the dedication of our employees, contractors and stakeholders who continue to drive operational excellence while maintaining a strong focus on safety, sustainability and community development,” managing director Joan Coetzee says.
Rössing decreased the number of injuries in 2025 compared to 2024, with one permanent disabling injury, according to the report.
The company also spent N$27 million on skills development and N$46 million in community development initiatives, most of which is channelled through the Rössing Foundation.
Speaking at the launch of the report on Friday, minister of industries, mines and energy Modestus Amutse called Rössing a reliable partner for Namibia’s development.
“The reported expenditure of N$5.2 billion on local suppliers, representing 84% of total procurement spend, speaks volumes about the company’s commitment to local content and economic empowerment,” he said.
Local procurement, employment of Namibians and infrastructure development all contribute to the overall development of the country beyond the mining sector, the minister said.
Rössing currently employs 855 people, 98.9% of whom are Namibian.
Amutse said Namibia’s growing strength in uranium production positions the country well to take advantage of a growing global demand for cleaner energy systems.
“As one of the world’s leading uranium producers, our country is well positioned to contribute to the global energy transition while leveraging our mineral wealth to accelerate domestic industrialisation, economic diversification and sustainable development,” he said.
He repeated his calls for Namibia’s mining sector to move beyond extraction towards higher-value beneficiation.
“Beneficiation is central to our industrialisation agenda as it enables the creation of higher-value products, stimulates manufacturing, creates quality jobs, strengthens local supply chains, and enhances sustainable economic growth.
“We therefore aim to position Namibia not merely as a producer of minerals, but as a competitive participant in regional and global mineral value chains,” Amutse said.
