Namibia is poised to become a top 5 global uranium producer in the next 5 years if Extract Resources manages to obtain its goals in the development of the Rossing South uranium project. Extract believes it is the most important uranium discovery of recent years.
During a recent media tour to the Rössing South uranium project site , non-executive chairperson, Steve Galloway told the Economist that Extract Resources Namibia would be developing a world-class asset with its ongoing aggressive exploration to increase the existing resources base to become the second largest uranium mine in the world.