Mining, quarrying January exports at N$6.3b

The mining and quarrying industry exported the most goods, valued at N$6.3 billion in January 2024, absorbing 53% of total exports.

The mining and quarrying industry products increased by N$1.6 billion compared to the previous month.

In December 2023, uranium decreased by N$2.1 billion, nickel ores and concentrated decreased by N$248 million, non-monetary gold decreased by N$163 million, and other crude minerals decreased by N$161 million. In January 2024, however, uranium increased by N$3.1 billion,  ores and concentrates of base metals increased by N$181 million and nickel ores and concentrates increased by N$172 million.

Uranium accounted for 31.7% of the total export of goods and was predominantly destined for China and Canada.Precious stones (diamonds) came second on the list, accounting for 13% of the total exports (of which 1.4% were re-exports) and were mainly destined for Botswana.

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