Historic Landmark Report .................... Uranium as a Crucial Driver of the Namibian Economy

The current recovery in world uranium prices offers Namibia a good chance for success for the mining projects launched in the past decade. As the global energy transition has begun, uranium demand is expected to grow, therefore Namibian economy could get significant benefits in the long-term. Along with uranium mining, Russian state corporation Rosatom, whose subsidiary received several licenses in Namibia in 2018, is ready to offer a number of social initiatives that are so necessary for the country. In addition, Rosatom has been supplying enriched uranium products to South Africa’s Koeberg nuclear power plant (NPP) since the 90's, NTP Radioisotopes Pty supplied radioisotope products to a Rosatom subsidiary. Russia also signed an intergovernmental agreement on strategic partnership and cooperation in the nuclear industry with South Africa in 2014. The agreement also provides for "comprehensive collaboration" in other areas, including construction of a Russian-technolog...