Rossing Uranium has been given a new lease on life and will continue operations until 2036.

Managing Director Johan Coetzee announced the extension of the mine's life at Swakopmund.

The formal life span of the Rossing Uranium Mine was set to end in 2025, and the previous majority shareholder, Rio Tinto, considered closing operations in 2020.

Following the sale of Rio Tinto's 67% shareholding to China National Uranium Corporation, Rossing Uranium has assured a positive cash flow and continued operations until 2025.