Nambia: Uranium Shipping from Langer Heinrich Mine Resumes
Tuesday, 23 July 2024 15:07
Namibia is Africa's top producer of uranium, with three active mines. After being in care and maintenance for about six years, the Langer Heinrich mine came back online on March 30, 2024.
Paladin Energy announced on July 22 its first uranium shipment since the Langer Heinrich mine resumed activity. The shipment of 319,229 pounds left the Walvis Bay port on July 12.
The mine had been closed since May 2018 due to low global uranium prices, but it reopened on March 30, 2024. Between then and June 30, the mine produced 517,597 pounds of uranium; an output that Paladin wants to ramp up to meet its targets for fiscal 2025.
From July 1, 2024, to June 30, 2025, Paladin aims to produce between 4 million and 4.5 million pounds of uranium, or up to 2,041 tonnes.
Langer Heinrich is 75% owned by Paladin and 25% by China National Nuclear Corporation. It is Namibia's third-largest mine, after Rössing and Swakop. The latter produced 2,920 tonnes and 5,318 tonnes of uranium, respectively, in 2023.
Live News
-
EgyptAir Takes Delivery of Its First A350-900 for Long-Haul Expansion
20:39
-
Togo signs 5-year IAEA Agreement to expand peaceful use of nuclear technologies
20:33
-
Algeria Launches National Framework to Govern Public Data
20:27
-
Cameroon issues inaugural 15-year Treasury bond in CEMAC zone
20:25
-
Cameroon tightens gold controls, revokes non-compliant artisanal mining permits
20:10
-
Algeria secures over $3 billion AfDB financing to extend national rail network
19:57
-
Uganda, Tanzania discuss cross-border rail link to diversify logistics routes
19:38
-
UNESCO backs efforts to safeguard Africa’s oral and written heritage through digitization
19:32
-
Uptooyoo Builds Marketplace for Freelancers and Trades in South Africa
19:17
-
Cameroon launches consultations for tailored special economic zones in five regions
18:45
Except for Tunisia entering the Top 10 at Libya’s expense, and Morocco moving up to sixth ahead of A...
Deposits grow 2.7%, supporting lending recovery Average loan sizes small, credit risk persists ...
Oil majors expand offshore exploration from Senegal to Angola Gulf of Guinea accounts for about 1...
The BCEAO granted Semoa a level-3 “full service” payment institution license on January 27, 2026...
MTN is considering buying back telecom towers it sold years ago, signalling that control of infras...
Aircraft to modernize long-haul fleet, open US and Asia routes A350 cuts fuel use 25%, supports Egypt’s tourism growth strategy EgyptAir received an...
Financing covers rail extension to El Meniaa and Ghardaïa over about 495 km Project is first phase of trans-Saharan rail corridor linking Algiers to...
Extension of Tanzania’s SGR toward Uganda discussed during Museveni visit Project could link Lake Victoria ferries to rail freight corridors Move...
Project backed by UNESCO secures and digitizes rare West African archives More than 2,100 manuscripts digitized and 4,000 documents...
Porlahla Festival ends third edition in Kouto, promoting Senufo culture Event draws regional and international participants, boosting cultural...
Essaouira is a coastal city in Morocco, on the Atlantic Ocean, in the Marrakech–Safi region, about two and a half hours by road from Marrakech. It stands...