Bannerman Energy

Bannerman Energy is an Australian uranium development company focused on advancing the Etango uranium project in Namibia. The company is headquartered in Perth, Western Australia, and is listed on the Australian Securities Exchange (ASX) under the ticker code BMN. Bannerman's primary asset is the Etango project, located in the Erongo region of central Namibia, which hosts one of the largest undeveloped uranium deposits in Africa. The project is designed as a conventional open-pit mining operation with acid leach processing facilities. Bannerman has been working to advance Etango through feasibility studies, environmental assessments and financing arrangements to position it for production as global uranium demand increases. The company's strategy centres on developing Etango as a long-life, low-cost uranium oxide producer to supply nuclear power generation markets. Namibia is one of the world's leading uranium-producing countries, and Bannerman benefits from established mining infrastructure and a supportive regulatory environment for uranium development. The company was founded in the early 2000s and has maintained its focus on the Etango project through multiple commodity cycles, positioning itself to capitalise on renewed interest in nuclear energy as a low-carbon baseload power source.