Shareholding

Rio Tinto owned the majority of shares (68.62 per cent) in Rössing Uranium Limited. On 26 November 2018 Rio Tinto announced that it had agreed to the sale of its stake in Rössing Uranium with the China National Uranium Corporation Limited (CNUC). Following merger approval from the Namibian Competition Commission, Rio Tinto announced on 16 July 2019 the completion of the sale of its 68.62 per cent stake in Rössing Uranium Limited to CNUC. On 25 July 2019 a handover ceremony was held at the mine site to mark the transfer of the majority shareholding from Rio Tinto to CNUC.

The Namibian Government has a shareholding of 3 per cent and it has the majority (51 per cent) when it comes to voting rights. The Iranian Foreign Investment Company (IFIC) is a passive legacy investor in Rössing Uranium, holding a 15 per cent stake that goes back to the early 1970s in the financing of the mine. The Industrial Development Corporation (IDC) of South Africa owns 10 per cent, while individual shareholders own a combined 3 per cent shareholding.