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Namibia Taps Russian Expertise to Boost Energy Self-Sufficiency

Namibia Taps Russian Expertise to Boost Energy Self-Sufficiency
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In a twist few saw coming, Namibia, the world’s third-largest uranium producer, will soon switch from importing energy from its neighbors to hosting Southern Africa’s second nuclear power station—courtesy of Russia’s Rosatom.
In April, President Netumbo Nandi-Ndaitwah of Namibia welcomed Russian Deputy Prime Minister Yury Trutnev to Windhoek for talks on boosting nuclear energy partnership. They explored ways to leverage Namibia’s vast uranium resources alongside Russia’s technical expertise, signaling a new chapter in cooperation between the world’s top uranium producer and a global nuclear leader.
With uranium prices up more than 125 percent for almost two years, Namibia’s reserves now top around $12.4 billion in value, according to reports. The Southern African country mines about 6,000 tonnes of uranium oxide yearly—10 percent of the world’s total—from mining sites like Rossing and Husab.
The Namibia-Russia partnership goes beyond uranium mining. By setting up local processing, Windhoek could create over 2,500 skilled jobs and boost GDP by about $1.8 billion a year by 2030. It is a central pillar of “Vision 2030” —a roadmap for bringing high-tech know-how to Namibia and diversifying its economy.
Alan Clegg, Independent Mining Valuator and MetaLeach MD, East London, South Africa, shared insights with African Currents on Namibia’s plan to convert its uranium wealth into domestic nuclear energy.

"Namibia is somewhere between third and fourth, but they are a top-ranked top-five producer in the world [...]. As we say in our business, energy equals economy equals life. So without energy, you've got no chance of developing economically in today's world and therefore giving life and prosperity to one's citizens," Clegg said.

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