Rössing Uranium life-of-mine extension, Namibia – update

16th February 2024 By: Sheila Barradas - Creamer Media Research Coordinator & Senior Deputy Editor

Rössing Uranium life-of-mine extension, Namibia – update

Name of the Project
Rössing Uranium life-of-mine extension (LoME).

Location
Namibia.

Project Owner/s
Rössing Uranium.

Project Description
The project aims to extend the life-of-mine of the mine from 2026 to 2036, underpinned by a north-eastern extension of the openpit, referred to as the Phase 4 push-back.

Included in the project is the extension of the tailings storage facility and the processing plant, as well as infrastructure upgrades required to sustain production until 2036.

Potential Job Creation
Not stated.

Net Present Value/Internal Rate of Return
Not stated.

Capital Expenditure
More than N$1-billion.

Planned Start/End Date
The LoME was approved in February 2023. The push-back will start in 2024, as uranium production continues from the current operations, known as Phase 2 and Phase 3. Production will begin from Phase 4 in 2026.

Latest Developments
None stated.

Key Contracts, Suppliers and Consultants
None stated.

Contact Details for Project Information
Rössing Uranium corporate communications department, tel +264 64 520 9111 or email RUL.communications@rossing.com.na.