# Namibia's Etango Mine Aims for 2028 Uranium Production

> Namibia's Etango Uranium Mine targets first production by 2028, boosting national economy and export earnings.
- Title: Namibia's Etango Mine Aims for 2028 Uranium Production
- Summary: Namibia's Etango Uranium Mine targets first production by 2028, boosting national economy and export earnings. Namibia's Etango Uranium Mine plans to start…
- Keywords: namibia, etango mine, uranium production, bannerman energy, china national nuclear corporation overs, modestus amutse, uraniu production capacity, nuclear energy, news, world, politics, Namibia's
- Source: Allafrica — https://allafrica.com/stories/202610260408.html
- Published: 2026-10-26T12:04:15+00:00
- Read time: 1 min
- Topics: namibia, etango mine, uranium production, bannerman energy, china national nuclear corporation overs, modestus amutse, uraniu production capacity, nuclear energy, news, world, politics
## Etango Mine Targets 2028 Production
The Etango open-pit uranium mine aims to start commissioning and first yellowcake production by the end of 2028.
## Final Investment Decision
Bannerman Energy and China National Nuclear Corporation Overseas approved a $353-million development in Namibia's Erongo region.
## Minister Amutse's Support
Minister Modestus Amutse welcomed the development, stating the mine could contribute significantly to national development.
## Annual Production Capacity
The mine plans to produce approximately 3.5 million pounds of uranium oxide annually once operational.
## Namibia's Uranium Position
Namibia ranks third globally in uranium production, accounting for 12% of worldwide output.
## Bannerman's Milestone
Bannerman managing director Gavin Chamberlain called the final investment decision a defining moment for the company and Namibia.
## Local Employment Focus
99% of Etango's 629 workers are Namibians, with local businesses gaining experience through the project.
## Future Economic Goals
Namibia aims to overtake Canada in uranium production as the mine begins operations by 2028.
## Key takeaway

Namibia's Etango Uranium Mine plans to start production in 2028, aiming to increase uranium exports and create jobs for Namibians.