Sou Hu Cai Jing·2025-10-22 10:13Core Insights - The report emphasizes the commitment of China General Nuclear Power Corporation (CGN) to sustainable development in Namibia, coinciding with the 35th anniversary of diplomatic relations between China and Namibia [1][5][7] Group 1: Company Operations - The Husab Uranium Mine, managed by CGN's subsidiary in Namibia, is the largest single investment project by China in Africa, having started construction in 2013 and officially commencing production in 2016 [5][7] - The mine achieved a remarkable performance in the past year, ranking third globally in natural uranium production, attributed to stable and efficient operations [7][8] - The company maintained a 100% planned maintenance rate and received a five-star certification from the South African Occupational Safety Association (NOSA), ensuring robust production progress [7][8] Group 2: Economic Impact - In 2024, the total expenditure of the company reached 10.11 billion Namibian dollars, with 7.42 billion Namibian dollars allocated for local procurement, significantly boosting the local economy [7][9] - Approximately 70% of the company's tender contracts were awarded to local enterprises, injecting vitality into the local economy [9][15] Group 3: Social Responsibility and Cultural Integration - The company has a local employment rate exceeding 95% and has funded over 20 university students through scholarship programs, collaborating with local and Chinese universities to cultivate local mining talent [9][15] - Initiatives such as the "Hope Farm" project, which donated 1,000 goats and sheep to local low-income families, and the establishment of a computer classroom at a local school, demonstrate the company's commitment to social responsibility [9][15] - The annual "Husab Cup" marathon and other community engagement activities have enhanced interaction and trust between the company and the local community, promoting cultural exchange [9][15] Group 4: Strategic Importance - The strategic significance of the Husab Uranium Mine was highlighted by local government officials, emphasizing its role in Namibia's development and alignment with the country's Vision 2030 and national development plans [15] - The mine's operations contribute to global sustainable goals while enhancing local value chains, reflecting a trust-based and mutually beneficial international partnership [15]