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Namibia's economy relative to uranium mining. Namibia is the fourth largest uranium producer in the world and produces a staggering 10% of the world's uranium. The mining industry make up a considerable portion of the Namibian economy, consisting of approximately 10% of its GDP and 50% of its total exports.
The Rössing uranium mine in Namibia is the longest-running and one of the largest open pit uranium mines in the world. It is located in the Namib Desert near the town of Arandis, 70 kilometres from the coastal town of Swakopmund. Discovered in 1928, the Rössing mine started operations in 1976. In 2005, it produced 3,711 tonnes of uranium ...
The Husab Mine (formerly the Rössing South Mine), operated under the Husab Uranium Project, is a uranium mine near the town of Swakopmund in the Erongo region of western-central Namibia. The mine is located approximately 5 kilometres (3.1 mi) south of the larger Rössing uranium mine and 45 kilometres (28 mi) from Walvis Bay. [1]
The Langer Heinrich Mine (LHM) is a large open pit mine located in the western part of Namibia in the Erongo Region. Langer Heinrich represents one of the largest uranium reserves in Namibia having estimated reserves of 57,000 tonnes of ore grading 0.055% uranium. [1] The Langer Heinrich Mine is currently owned by Paladin Energy Ltd with a 75% ...
Namibia produces diamonds, uranium, copper, magnesium, zinc, silver, gold, lead, semi-precious stones and industrial minerals. [3] The majority of revenue (7.2% of GDP in 2011) comes from diamond mining. [4][5] In 2014, Namibia was the fourth-largest exporter of non-fuel minerals in Africa. [3]
It represents one of the largest uranium resources in Namibia, having an estimated resource of 48,200 tU in ore grading 0.014-0.0167% uranium. The Valencia deposit was named after the farm where the uranium deposits were found. If built, the mine was expected to produce 18 million tonnes of uranium a year over an 11-year period.
Uranium mining by country. The world's largest producer of uranium is Kazakhstan, which in 2019 produced 43% of the world's mining output. Canada was the next largest producer with a 13% share, followed by Australia with 12%. [1][2] Uranium has been mined in every continent except Antarctica.
Nuclear energy in Namibia. Nuclear energy in Namibia is a topic of geopolitical interest but is currently not an infrastructure concern. There are no nuclear power plants in Namibia. There is potential interest in the country's nuclear power capacities, as Namibia is the world's fourth-largest uranium producer. [ 1]