Namibian Uranium Output Rose on China, India Demand

Namibian uranium concentrate production jumped in the second quarter on higher demand from China and India, the southern African country’s central bank said.

Namibia, Africa’s second biggest producer of uranium, mined 18 percent more of the nuclear fuel in the three months through June compared with a year earlier, the Windhoek-based Bank of Namibia said in a quarterly report published on its website today. Production increased by 9.9 percent from the first quarter, it said, without giving figures.