Namibia: Uranium Sales Drop Due to Shortage of Shipping Vessels

Namibia has recorded a decline in uranium exports due to a shortage of shipping vessels and containers suitable for transporting uranium.

The Bank of Namibia’s quarterly report says the decline was 41.6% and 45%, compared to the previous quarter and previous year, respectively.

“Export earnings from uranium fell both on an annual and quarterly basis during the second quarter of 2024 on the back of lower volumes exported,” the report says.

The country exported uranium to the value of N$1.8…