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Sep 4, 2026 · Archive
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South Africa's IDC Seeks Buyer For 10.2% Stake In Rössing Uranium

South Africa's IDC Seeks Buyer For 10.2% Stake In Rössing Uranium

IDC has held the stake since Rössing's founding in the 1970s and set a 27 February 2026 deadline for offers.

  • IDC's 26 January 2026 letter says it has been a Rössing shareholder since the 1970s.
  • Rössing ranks among the world's largest, longest-running open-pit uranium mines, still operating five decades later.
  • Written offers were due by 27 February 2026, 17:00, sent to exits@idc.co.za.

Why it matters: IDC's own letter admits an expression of interest creates no obligation to sell the stake.

Industrial Development Corporation of South Africa (IDC) - EOI letter ↗ · Sep 4, 20269/4/26