Etango: Bannerman–CNNC FID sends Namibia's uranium project into full-scale construction
Where it stands: A positive final investment decision from the Bannerman Energy–CNNC Overseas joint venture has moved Namibia's Etango uranium project into full-scale construction. The project is targeting commissioning and production in 2028. The next things to watch are construction milestones against that 2028 target, production volumes and offtake arrangements.
- (2026-10-23): tags: nuclear, fuel-cycle
- 2026-10-23 (~10:13 AM ET, WNN — https://www.world-nuclear-news.org/articles/fid-sees-etango-enter-full-scale-construction): a positive final investment decision from the Bannerman Energy–CNNC Overseas joint venture allows Namibia's Etango uranium project to transition into full-scale construction, with commissioning and production targeted for 2028. Watch: construction milestones vs the 2028 target, production volumes, offtake arrangements.