Environment/ Our People / Our Community....
Extract expects that the Husab Uranium Project will have a positive impact on the local, regional and national community in Namibia, including provision of employment, direct and indirect stimulation of the economy, and fiscal contributions to the state through royalties and taxes. It is estimated that, once operating, the project could represent 5-6% of the GDP of Namibia.
Extract and its wholly owned Namibian operational company, Swakop Uranium, recognise the need to proactively develop, maintain and promote environmentally sustainable practices at Husab.
The Company’s approach to sustainability, including the environment, our people, and engagement with the community in which we work is underpinned by the following key principles:
- Our aspiration to engage with the relevant communities in the Erongo region
- Creating and fostering a culture of sustainable and environmentally responsible values through training programmes and educational activities
- Integration of sustainable business practices into the Company’s activities
- Commitment to continuous improvement of environmental performance and occupational health and safety standards
- Efficient resource use and enhancement of biodiversity protection.
