Bannerman Energy: Advancing Etango as a Global Uranium Supply Source

Bannerman Energy Ltd (ASX: BMN) is a uranium development firm with listings in Australia, Namibia, and the United States. Its core project, the Etango Uranium deposit in Namibia’s Erongo Region, ranks among the most advanced uranium development initiatives globally. With over 15 years of exploration and feasibility work, Etango has demonstrated strong technical and economic viability, backed by a Definitive Feasibility Study and the successful operation of a demonstration plant. The project is licensed and environmentally approved, targeting annual production of up to 6.7 million pounds of U₃O₈.

Bannerman recently secured its first two binding offtake agreements with Tier-1 North American utilities, covering 1 million pounds of uranium between 2029 and 2033. This milestone reinforces its strategy to build a flexible sales portfolio while maintaining financial and operational readiness for a final investment decision. Bannerman is also recognized as an ESG leader, with strong community engagement in Namibia.

Customer Notice:

Nextgen Global Services Pty Ltd trading as Kapitales Research (ABN 89 652 632 561) is a Corporate Authorised Representative (CAR No. 1293674) of Enva Australia Pty Ltd (AFSL 424494). The information contained in this website is general information only. Any advice is general advice only. No consideration has been given or will be given to the individual investment objectives, financial situation or needs of any particular person. The decision to invest or trade and the method selected is a personal decision and involves an inherent level of risk, and you must undertake your own investigations and obtain your own advice regarding the suitability of this product for your circumstances. Please be aware that all trading activity is subject to both profit & loss and may not be suitable for you. The past performance of this product is not and should not be taken as an indication of future performance.

Kapitales Research, Level 13, Suite 1A, 465 Victoria Ave, Chatswood, NSW 2067, Australia | 1800 005 780 | info@kapitales.com