About us
OUR PURPOSE
Our purpose is to be a safe, responsible, and efficient Namibian producer and supplier of uranium to the global nuclear industry, creating optimal returns for shareholders and sustainable benefits to stakeholders.
OUR VALUES
SAFETY
We take care
We comply with the systems and standards in place that support our priority to safety, health, and the environment. We strive to eliminate hazards to achieve zero harm at all costs. We commit to providing products and services of high quality that are safe and reliable to our customers.
RESPONSIBILITY
We create maximum value
We aim to deliver sustainable growth for our employees and the company together for a better future, while maintaining the highest level of integrity and governance in our actions and interactions. We are committed to creating maximum value for our shareholders through ethically sound and legally compliant business practices. Our decisions are founded on the benefits to our communities and other key stakeholders.
INNOVATION
We seek excellence
We create an inclusive environment for our employees that advocates innovative ideas. We have platforms that welcomes innovation across all levels of the organisation. In pursuit of excellence, we aim to have world-class technologies and management systems in our operation.
COORDINATION
We achieve together
We closely coordinate with our internal and external stakeholders to work together effectively and ethically. We truly respect and support each other to make the most of everyone’s contribution. We have the courage and the commitment to do what is right and not what is easiest to achieve win-win results.
Rössing Uranium: A legacy of progress
Since 1976, Rössing Uranium has been a leader in Namibia’s mining industry and a key supplier to the global nuclear energy sector. As one of the world’s first large-scale uranium mines, we have played a major role in clean energy production.
Originally developed under Rio Tinto, Rössing entered a new era in 2019 when China National Uranium Corporation (CNUC) became the majority shareholder, strengthening global partnerships and advancing mining expertise.
Today, we lead in responsible uranium production, using advanced technology and sustainable mining practices. Our focus on safety, environmental stewardship, and community growth ensures lasting value for Namibia and beyond.
CNNC: Investing in Namibia’s Future
In 2019, China National Nuclear Corporation (CNNC) acquired a majority stake in Rössing Uranium Mine, marking a new chapter in one of Namibia’s most significant mining operations.
With this acquisition, CNNC reaffirmed its commitment to keeping Rössing operational, ensuring long-term sustainability, and continuing its legacy of contributing to Namibia’s economy, workforce, and communities.
As China’s leading nuclear enterprise, CNNC drives global nuclear energy development, overseeing nuclear power generation, uranium mining, and advanced reactor technologies.
CNUC: Securing Global Uranium Supply
China National Uranium Corporation (CNUC) is part of China National Nuclear Corporation (CNNC), one of the world’s leading nuclear energy companies. With over 60 years of experience, CNUC is a major supplier of natural uranium and plays a key role in securing fuel for nuclear power plants.
CNUC is involved in every stage of the uranium industry, from exploring and mining to processing and supplying uranium for energy production. The company is also committed to sustainable mining and has been actively supporting the long-term development of Rössing Uranium Mine in Namibia.
CNUC’s work supports CNNC’s bigger mission:
- Building nuclear power – Designs and operates nuclear power plants, including advanced reactors like small modular reactors (SMRs)
- Securing uranium supply – Manages uranium mining to ensure enough fuel for the future
- Innovating for the future – Invests in nuclear safety, waste management, and new reactor technologies
Through its leadership in uranium mining and nuclear fuel supply, CNUC remains at the forefront of global energy transformation, providing safe and efficient solutions for the future of nuclear power.
Message from CNNC/CNUC Chairperson
The year 2025 marks a critical milestone for China National Nuclear Corporation CNNC as it advances the in-depth implementation of the ‘Year of Pursuing Excellence’ initiative.
The year 2025 marks a critical milestone for China National Nuclear Corporation CNNC as it advances the in-depth implementation of the “Year of Pursuing Excellence” initiative and accelerates its journey towards building a world-class enterprise. It has also been a year of remarkable achievements for Rössing Uranium on its path of high-quality development. Throughout the year, CNUC has remained firmly committed to the world-class enterprise standards of excellence in products, outstanding brand reputation, innovation leadership, and modern governance. We have fully supported Rössing Uranium in implementing the Excellence Performance Model and promoting the coordinated development of business operations and social responsibility.
Thanks to the unity, dedication, and hard work of all Rössing employees, the mine achieved a historic breakthrough in production and operations. In 2025, Rössing produced over 3,100 tonnes of uranium oxide, reaching its highest annual production level since 2011. This solid achievement fully reflects the spirit of “Pursuing Excellence”, further demonstrates CNUC’s commitment to supporting the stable and sustainable development of the global uranium supply chain and injects strong momentum into the global nuclear industry. CNUC has always upheld the development philosophy of integrating economic and social benefits. We continue to support Rössing Uranium in contributing to Namibia’s long-term development by working in partnership with local communities and investing in education, skills development, employment opportunities, and community upliftment. Through these efforts, Rössing is helping to transform support from a “relief-based” model to a more sustainable “capacity-building” model, bringing tangible benefits to local communities and demonstrating the responsibility and commitment of a World-class enterprise. In 2026, we will celebrate the 50th anniversary of Rössing Uranium. Since its commissioning in 1976, Rössing has been deeply rooted in Namibia for half a century. Over the past five decades, it has not only made important contributions to Namibia’s economic and social development, but has also become a significant force in the global nuclear industry’s resource supply system.
At fifty, Rössing stands in its prime, ready to embark on a new journey with renewed strength and ambition. CNUC has always regarded Rössing Uranium as a core pillar of its overseas strategic presence and remains committed to developing Rössing into a century-long mine. Looking ahead to the next fifty years, we will accelerate the exploration and development of new ore bodies such as Z20, deepen technological upgrading and management optimisation, and promote the sustainable and high-quality development of the mine. Standing at this new historical starting point, we hope that all Rössing employees will continue to carry forward the spirit of dedication, practice the pursuit of excellence, uphold responsibility, and move forward with determination in enhancing production capacity, deepening social responsibility, and advancing China-Africa cooperation. CNUC will continue to support Rössing Uranium in building a resilient, competitive, and sustainable business for the future.
In close collaboration with the Namibian Government as a key stakeholder, and together with our employees, business partners, and local communities, we will work to create long-term value, strengthen Rössing’s role in the global uranium industry, and contribute to Namibia’s sustainable economic growth
XU YUAN
Chairman
China National Uranium Corporation Limited