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Bloomberg

South Africa’s IDC to Sell Its Stake in Namibian Uranium Mine

Friday, September 4, 2026


South Africa's Industrial Development Corp. announced plans to divest from a Namibian uranium project. The corporation cited the involvement of Iranian and Russian entities among the mine's backers as the reason for the sale.

Original reporting: https://www.bloomberg.com/news/articles/2026-09-04/south-africa-s-idc-to-sell-its-stake-in-namibian-uranium-mine

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