Etango: Bannerman–CNNC FID sends Namibia's uranium project into full-scale construction

Open · 1 update · since Oct 23, 2026 · updated Oct 23, 2026 Energy

Where it stands: A positive final investment decision by the Bannerman Energy–CNNC Overseas joint venture has moved Namibia's Etango uranium project into full-scale construction. The project is aiming for commissioning and production in 2028. The next things to watch are construction milestones against that target, production volumes and offtake arrangements.

Latest

• 2026-10-23 (~10:13 AM ET, WNN — world-nuclear-news.org/articles): 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.

Background

• (2026-10-23): tags: nuclear, fuel-cycle