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Namibia

Open in the explorerOrganisations (9)Events

Production, refining and reserves

CommodityMetricValueWorld rank · shareSource
LithiumMine production 20242,700 t Li content—USGS MCS 2025
LithiumReserves 202414,000 t Li content#10 · 0%USGS MCS 2025
CopperMine production 2022200 t Cu content#53 · 0%USGS Minerals Yearbook 2022 (copper), table 20
CopperRefinery production 202237,285 t Cu (primary smelter, blister)—USGS Minerals Yearbook 2022, The Mineral Industry of Namibia, table 1 (advance data release)
Graphite (natural)Mine production 20193,500 t natural graphite—USGS MCS 2020
FluorsparMine production 201811 t acid-grade fluorspar (97% CaF2)—USGS Minerals Yearbook 2022, The Mineral Industry of Namibia, table 1 (advance data release)
FluorsparReserves 20123 million t fluorspar#6 · 1%USGS MCS 2013
ManganeseMine production 202312,000 t manganese ore (gross weight)#25 · 0%USGS Minerals Yearbook 2023 (manganese), table 6
TinMine production 2023634 t Sn content#15 · 0.2%USGS Minerals Yearbook 2023 (tin, tables-only release), table 9
ZincMine production 202340,000 t Zn content#25 · 0.3%USGS Minerals Yearbook 2023 (zinc, tables-only release), table 16
ZincRefinery production 202016,206 t Zn (primary smelter)—USGS Minerals Yearbook 2022, The Mineral Industry of Namibia, table 1 (advance data release)
NiobiumMine production 20051 t Nb content—USGS MCS 2006
TantalumMine production 20221 t tantalite concentrate (gross weight)—USGS Minerals Yearbook 2022, The Mineral Industry of Namibia, table 1 (advance data release)
LeadMine production 202218,362 t lead-zinc concentrates (gross weight)—USGS Minerals Yearbook 2022, The Mineral Industry of Namibia, table 1 (advance data release)
UraniumMine production 20236,985 t U content#3 · 13%NEA/IAEA Red Book 2024 (Uranium 2024), Table 1.18
UraniumResources 2023550,800 t U content#5 · 7%NEA/IAEA Red Book 2024 (Uranium 2024), Table 1.2a, <USD 260/kgU
CesiumReserves 201930,000 t Cs2O#3 · 14%USGS MCS 2020
RubidiumReserves 201950,000 t Rb2O#1 · 50%USGS MCS 2020
ArsenicRefinery production 2019700 t arsenic trioxide (gross weight)—USGS MCS 2020
SilverMine production 20225 t Ag content—USGS Minerals Yearbook 2022, The Mineral Industry of Namibia, table 1 (advance data release)

Policies and export measures

Policy tracker →

  • 2023-08-08 · agreement

    Japan–Namibia Joint Statement on Cooperation in the Mining Sector

    Japan's trade minister and Namibia's Minister of Mines and Energy signed a joint statement setting principles for critical-mineral cooperation, including diversified and responsible supply chains and step-by-step joint projects. Building on it, JOGMEC and the Namibian ministry agreed to work together on a Namibia Rare Earth Industry Master Plan.

    Source: Ministry of Economy, Trade and Industry (METI), Japan

  • 2023-06-06 · ban

    Cabinet ban on exports of unprocessed lithium ore and other critical minerals

    On a submission by the Minister of Mines and Energy, Cabinet prohibited the export of certain critical minerals in unprocessed form, namely crushed lithium ore, cobalt, manganese, graphite and rare earth elements. Small quantities may still be exported at the Minister's discretion.

    Source: Namibian Broadcasting Corporation (NBC, state broadcaster)

  • 2022-11-08 · agreement

    EU–Namibia strategic partnership on sustainable raw materials value chains and renewable hydrogen

    The Commission President and Namibia's President signed the memorandum of understanding on 8 November 2022 (signature date), at the margins of COP27.

    Source: European Commission, DG GROW

Trade in critical minerals

Exports 2024$2.2 bn

  1. Uranium$1.1 bnto China 74%, France 13%, United States of America 8% · 3 more
  2. Copper$577 mto Belgium 60%, Bulgaria 17%, Malaysia 10% · 23 more
  3. Nickel$211 mto China 49%, Canada 37%, Finland 12% · 5 more
  4. Cobalt*$122 mto China 60%, Saudi Arabia 13%, Switzerland 12% · 6 more
  5. Zinc$75 mto Spain 42%, China 31%, Poland 15% · 8 more
  6. Lead$29 mto China 98%, United Arab Emirates 1%, India 0% · 2 more
  7. Tin$26 mto Thailand 98%, China 1%, United Kingdom 1% · 3 more
  8. Lithium*$13 mto Hong Kong 83%, China 17%, United Kingdom 0% · 23 more

and 17 more commodities

Imports 2024$815 m

  1. Copper$343 mfrom Peru 68%, Bulgaria 23%, Chile 9% · 13 more
  2. Nickel$242 mfrom Zambia 99%, Dem. Rep. Congo 1%, Botswana 0% · 2 more
  3. Cobalt$144 mfrom Dem. Rep. Congo 99%, Zambia 1%, United States of America 0% · 2 more
  4. Zinc$33 mfrom Dem. Rep. Congo 88%, Zambia 12%, Panama 0% · 2 more
  5. Manganese$28 mfrom Morocco 100%, South Africa 0%, Botswana 0%
  6. Potash$19 mfrom Germany 56%, Uzbekistan 26%, Canada 12% · 7 more
  7. Tin$3 mfrom Dem. Rep. Congo 90%, Zambia 10%, South Africa 0% · 1 more
  8. Barite$1 mfrom Morocco 66%, India 12%, China 7% · 3 more

and 26 more commodities

Trade values in current US dollars (ores, concentrates, intermediates, chemicals and refined metal), not prices. * Includes HS codes that also cover other products. Source: CEPII BACI (HS22), Etalab Open Licence 2.0 — details.

Fiscal regime for mining

InstrumentApplies toRateLegal basis
RoyaltyGold, Silver, Platinum, Palladium, Platinum-group metalsGroup: precious metals; any holder3%market value of the minerals (s. 114(3) of the Act)Determination of Rates of Royalties Leviable in respect of Certain Groups of Minerals, GN 45 in GG 4236 of 1 April 2009, as amended by GN 277 in GG 5076 of 12 November 2012 (under Minerals (Prospecting and Mining) Act 33 of 1992, s. 114(1)(c)) · Schedulein force 2009-04-01
RoyaltyCopper, Zinc, Lead, Manganese, Lithium, Tantalum, Tin, Tungsten, Vanadium, Cobalt, Rare earthsGroup: base and rare metals; any holder (slug list indicative)3%market value of the minerals (s. 114(3) of the Act)Determination of Rates of Royalties Leviable in respect of Certain Groups of Minerals, GN 45 in GG 4236 of 1 April 2009, as amended by GN 277 in GG 5076 of 12 November 2012 (under Minerals (Prospecting and Mining) Act 33 of 1992, s. 114(1)(c)) · Schedulein force 2009-04-01
RoyaltyUraniumGroup: nuclear fuel minerals; any holder (Rössing Uranium Mine Ltd listed separately, also 3%)3%market value of the minerals (s. 114(3) of the Act)Determination of Rates of Royalties Leviable in respect of Certain Groups of Minerals, GN 45 in GG 4236 of 1 April 2009, as amended by GN 277 in GG 5076 of 12 November 2012 (under Minerals (Prospecting and Mining) Act 33 of 1992, s. 114(1)(c)) · Schedulein force 2009-04-01
RoyaltyGarnet (industrial)Group: semi-precious stones; any holder (slug indicative)2%market value of the minerals (s. 114(3) of the Act)Determination of Rates of Royalties Leviable in respect of Certain Groups of Minerals, GN 45 in GG 4236 of 1 April 2009, as amended by GN 277 in GG 5076 of 12 November 2012 (under Minerals (Prospecting and Mining) Act 33 of 1992, s. 114(1)(c)) · Schedulein force 2009-04-01
RoyaltyFluorspar, Salt, Graphite (natural), Sand and gravel (industrial), Kaolin, Phosphate rockGroups: industrial minerals and non-nuclear fuel minerals (e.g. coal); any holder (slug list indicative)2%market value of the minerals (s. 114(3) of the Act)Determination of Rates of Royalties Leviable in respect of Certain Groups of Minerals, GN 45 in GG 4236 of 1 April 2009, as amended by GN 277 in GG 5076 of 12 November 2012 (under Minerals (Prospecting and Mining) Act 33 of 1992, s. 114(1)(c)) · Schedulein force 2009-04-01
RoyaltyDiamond (industrial)Rough and uncut minerals of the precious stone group10%market value of the mineral (s. 114(3))Minerals (Prospecting and Mining) Act 33 of 1992, as amended by Act 8 of 2008 · s. 114(1)(a)in force 2008-12-29
RoyaltyAll mineralsAll other minerals: rate determined by the Minister by notice in the Gazette (dimension stone 5% under s. 114(1)(b)); the Minister may levy an additional royalty if minerals are exported unprocessed where local processing is practical, or sold below international prices—market value of the mineral (s. 114(3))Minerals (Prospecting and Mining) Act 33 of 1992, as amended by Act 8 of 2008 · s. 114(1)(c), 114(2)in force 2008-12-29
Export levyCopper, Lead, ManganeseCopper concentrate (HS 260300), lead concentrate (260700), manganese concentrate (260200); same rate for EU and general destinations1%free on board valueExport Levy Act 2 of 2016, Schedule 1 as substituted by GN 397 of 2019 (GG 7080) · s. 7; Schedule 1in force 2019-12-20
Export levyZincCrushed zinc ore (HS 260800) 2%; zinc concentrate 1%; zinc sheets 0.5%; zinc ingots 0.25%2%free on board valueExport Levy Act 2 of 2016, Schedule 1 as substituted by GN 397 of 2019 (GG 7080) · s. 7; Schedule 1in force 2019-12-20
Export levyDiamond (industrial)Unsorted rough diamonds (HS 710210) 2%; sorted by size 1.5%; sorted and graded 1%; cut and polished 0.5%; jewellery 0%2%free on board valueExport Levy Act 2 of 2016, Schedule 1 as substituted by GN 397 of 2019 (GG 7080) · s. 7; Schedule 1in force 2019-12-20
Export levyGoldGold bullion (HS 710813)1%free on board valueExport Levy Act 2 of 2016, Schedule 1 as substituted by GN 397 of 2019 (GG 7080) · s. 7; Schedule 1in force 2019-12-20
Export levyUraniumUranium oxide / yellowcake (HS 261210)0.25%free on board valueExport Levy Act 2 of 2016, Schedule 1 as substituted by GN 397 of 2019 (GG 7080) · s. 7; Schedule 1in force 2019-12-20
Export levyFluorsparAcid-grade fluorspar (HS 2529.21/22)0.25%free on board valueExport Levy Act 2 of 2016, Schedule 1 as substituted by GN 397 of 2019 (GG 7080) · s. 7; Schedule 1in force 2019-12-20
Export levyLithium, TantalumLithium carbonate (HS 283691) and unwrought tantalum (HS 8103.20): 2% general rate, free to the EU2%free on board valueExport Levy Act 2 of 2016, Schedule 1 as substituted by GN 397 of 2019 (GG 7080) · s. 7; Schedule 1in force 2019-12-20
Corporate income tax (mining)All mineralsMining of minerals other than diamonds (and related contract-mining services); non-mining companies 30% from 202537.5%taxable income from miningIncome Tax Act 24 of 1981, Schedule 4 (rates of normal tax on companies) · Schedule 4 para 3(1)(b)in force 2008-01-01
Corporate income tax (mining)Diamond (industrial)50% plus a surcharge of 10% of the tax (effective 55%)55%taxable income from diamond miningIncome Tax Act 24 of 1981, Schedule 4 (rates of normal tax on companies) · Schedule 4 para 3(1)(c)in force 2008-01-01

Rates and terms as set in the cited law or regulation; agreements with individual projects can differ. Not legal or tax advice.

Deals and financing (6)

  1. 2026-07-30 · Equity investment · completed · CAD 47.668

    JOGMEC → TJ Namibia Rare Earths Corporation (with Toyota Tsusho) · Lofdal heavy rare earths project

    JOGMEC committed up to CAD 47.7 million to a new special purpose company with Toyota Tsusho to take the Lofdal dysprosium-terbium deposit in Namibia through a definitive feasibility study.

    official release

  2. 2026-03-18 · Acquisition · signed

    Toyota Tsusho Corporation → JOGMEC · Lofdal heavy rare earths project (Kunene)

    Toyota Tsusho won JOGMEC's public tender to take over part of JOGMEC's 40% interest option in the Lofdal heavy rare earth project in Namibia, explored jointly with Namibia Critical Metals since 2020.

    official release

  3. 2025-09-05 · Offtake · signed

    Two Tier-1 North American utilities (unnamed) → Bannerman Energy · Etango uranium project

    Bannerman signed two binding contracts with North American utilities to sell 1 million pounds of uranium over 2029-2033 from its planned Etango project in Namibia.

    official release

  4. 2024-03-07 · Acquisition · completed · US$49 m

    Sinomine Resource Group (subsidiary) → Dundee Precious Metals Inc. · Tsumeb copper smelter (Namibia)

    Dundee Precious Metals agreed to sell its interest in the Tsumeb custom copper smelter in Namibia, with all assets and liabilities, to a subsidiary of Sinomine Resource Group for USD 49 million in cash.

    official release

  5. 2024-02-21 · Acquisition · signed

    Snow Lake Resources Ltd. → Owners of the Engo Valley uranium project · Engo Valley uranium project (683 km2)

    Snow Lake Resources obtained an exclusive option to acquire 85% of the Engo Valley uranium project in north-western Namibia.

    official release

  6. 2024-01-24 · Project finance · signed · US$150 m

    Nedbank and one other lender → Paladin Energy · Langer Heinrich uranium mine restart

    Paladin executed a USD 150 million syndicated debt facility to support the restart of the Langer Heinrich uranium mine in Namibia and its Canadian exploration.

    official release

Mines and facilities (19)

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