Rössing records its strongest performance in 2025

Rössing has reported one of its strongest operational performances in recent years, producing 3,185 tonnes of uranium oxide during the 2025 financial year and generating more than N$8.2 billion in revenue, according to its latest Sustainability and Performance Report.

The results show that Namibia’s oldest uranium mine produced 585 tonnes more uranium oxide than in 2024, when output stood at 2,600 tonnes, reflecting significantly improved mining and processing performance across the operation.

To achieve that increase, the mine processed 10.07 million tonnes of ore, up from 8.49 million tonnes the previous year. That means the processing plant treated an additional 1.58 million tonnes of ore, while mining operations removed almost 35.93 million tonnes of material from the open pit, compared with 30.33 million tonnes in 2024. In practical terms, Rössing moved an extra 5.6 million tonnes of rock during the year to feed the processing plant.

The stronger operational performance translated into substantially higher sales. Revenue increased from N$5.93 billion in 2024 to N$8.22 billion in 2025, putting an additional N$2.3 billion into the company’s turnover. Rössing attributed the improvement to higher uranium sales volumes, higher metal output, and N$857 million generated from the same-priced purchase of material under a location-swap arrangement.

Yet the financial results also illustrate the pressures facing uranium producers.

Despite generating more revenue and producing substantially more uranium, the company recorded a net profit after tax from normal operations of N$1.022 billion, almost identical to the N$1.028 billion achieved in 2024. The figures suggest that increased operating costs and continued financial pressures across the business largely offset higher production and stronger sales.

Even so, shareholders received a higher dividend.

The Board declared total dividends of 140 cents per share, comprising the 2024 final dividend of 68 cents and a 2025 interim dividend of 72 cents, resulting in total dividend payments of N$231.84 million, compared with N$218.59 million a year earlier.