Omasa #5 | DECEMBER 2024

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Global events

BANNERMAN ENERGY | DEC 2024

Expanding the use of nuclear power through global collaboration, integrating nuclear into global decarbonisation

strategies, and fuelling the energy needs of AI … these were some of the discussion points at international events in

the past quarter.

150

250

350

EXHIBITION INTEREST GROWS

Exhibitors

Number of booths

2024: 317

2023: 162

2024: 199

International Uranium Fuel

Seminar 2024

October 27-29, Kansas City

annerman Energy’s VP of Market Strategy,

Olga Skorlyakova, attended this event in

Missouri, joining participants across the nuclear

fuel cycle, including utility fuel buyers, uranium

producers, investors, and analysts. Key sessions

explored the ongoing evolution of the fuel cycle,

efforts to establish new mining operations, and

the impact of global geopolitical shifts on nuclear

fuel markets. By addressing pressing topics in

uranium policy, nuclear fuel markets, and trade

dynamics this event offered participants critical

insights into both current challenges and future

opportunities in the industry.

2024 Global Uranium

Conference

October 23-24, Adelaide

ndustry leaders, policymakers, and stakeholders

met to discuss the uranium sector’s role in the

clean energy transition.

A major theme was the expected surge in

uranium demand from Artificial Intelligence (AI).

Craig Scroggie, CEO of NextDC, emphasised the

need for continuous stable electricity to support

data centres.

Bannerman Energy, Communications

Coordinator, Emma Culver, gave an overview of

the Etango Uranium project and how the project

is applying ESG (environmental, social, and

governance) to the construction process.

She focused on:

Environmental Stewardship:

In the unique Namib-Naukluft National Park,

we are minimising our environmental footprint

through careful site management, desalinated

water use, pollution controls, and a strict no-

waste policy.

Empowering Local Communities:

We have broken larger construction contracts

into smaller ones, creating direct opportunities

for local Namibian contractors to participate,

fostering community engagement and directly

benefitting the local community.

Strengthening Governance:

With rigorous contract terms, stringent

environmental standards and ESG reviews, we

ensure our project aligns with industry best

practices, stakeholder expectations and reflects

our commitment to responsible operations.

Safety & Culture:

With 15 years of zero lost-time injuries, safety is

a foundational value. We are actively building

a people-first culture through aligned values,

our quarterly newsletter (Omasa), employee

town hall meetings, and innovative training

programmes tailored to our diverse team.

2024 World Nuclear

Association Symposium

September 4-6, London

ith over 800 participants, the event

emphasised the urgent need to triple

global nuclear capacity by 2050 to meet rising

energy demands and climate goals. A major

highlight was the renewed commitment by

governments and industry leaders to expand

nuclear power through international collaboration

and investment, particularly in small modular

reactors (SMRs), which are seen as essential for

decentralised, scalable clean energy.

Key announcements included the UAE’s Barakah

Plant’s fourth unit going operational, projected

to meet 25% of the UAE’s electricity needs, and

Orano’s plans for a US-based uranium enrichment

facility. Orano is a French multinational nuclear

fuel cycle corporation.

Companies like Microsoft voiced support for

nuclear alongside renewables, citing nuclear’s

potential to provide “firm power” crucial for

consistent energy in data centres. (See our article

on page 12.)

Looking forward, the industry aims to build on

the momentum of COP28 commitments with

initiatives and partnerships leading up to COP30,

reflecting a period of rapid advancement as

nuclear energy integrates further into global

decarbonisation strategies.

GLOBAL EVENTS HIGHLIGHT

DEMAND FOR NUCLEAR

2023: 268

amibian mining activity – and interest

therein – is higher than it’s ever been.

This was evident at the 11th Mining Expo &

Conference where halls were fully booked

and the conference venue itself had to move

to a tent setup outside the hall. The theme –

‘Green Shoots for Namibia’s Mining Industry:

a Season of Opportunity and Growth to Drive

Economic Expansion’ – set the tone for a

record attendance.

Namibian President-Elect, Netumbo Nandi

Ndaitwah, called on entrepreneurs to venture

into the production of nuclear energy to

benefit from the downstream value chain

activities, emphasising that the mining and

exploration sector contributes significantly

to government revenue. This increased from

N$4.4 billion in 2022 to N$6.8 billion in 2023.

Finalising the local content policy for the oil

and gas sector will ensure that Namibians

benefit from every part of the value chain.

“We are committed to maximising the

economic impact of our natural resources,

fostering local expertise, and ensuring that

the wealth generated from these industries

contributes directly to the prosperity of our

people,” she added.

The event certainly left many with a hunger

for more in 2025.

Bannerman Mining Resources Namibia received the Best Stand award

for a Development Company, a newly introduced category.

GREEN SHOOTS TAKE ROOT

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