Namibian uranium miner offers to sell water desalination plant to govt for $200m

June 7, 2016

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Namibian uranium miner Areva Resources Namibia has offered to sell its private 26-million cubic metres water plant to the Namibian government for $200-million (N$3.1-billion) to mitigate a nationwide water crisis that has hit cities and the mining industry hard. Areva Resources Namibian MD Hilifa Mbako told journalists that the company has offered to sell the Erongo Desalination Plant (EDP), which was built to provide emergency supplies of desalinated sea water to its Trekkopje Uranium, to government since it now supplies 75% of the water requirement for the coastal resort city of Swakopmund.

Category: General