In July 2022, the Ministry of Environment, Forestry and Tourism of Namibia has extended the validity of the four Environmental Clearance Certificates and 4 Exclusive Prospecting Licenses (EPL) for the project Headspring Investments, making it possible to resume uranium exploration in the deposits of the country.

Headspring Investments, a Namibian subsidiary company of the Russian company Uranium One, is one of Namibia's largest license holders to explore uranium deposits suitable for mining by in-situ recovery, controlling an area of more than 7,000 square kilometers. The company has been conducting exploration work in Namibia since 2010, and has 8 Exclusive Prospecting Licenses (EPL). Earlier this year Headspring Investments applied for an extension of 4 EPLs (4654, 4655, 4656, 4657). The extension will now be finalised after receiving the Environmental Clearance Certificate (ECC) for each EPL. The licenses obtained allow for year-round, full-scale prospecting and exploration.

Namibia is among the top countries in the world in terms of uranium reserves. Uranium mining is important to the country's economy: in 2020, Namibia had the third-largest uranium production after Kazakhstan and Australia. Uranium is one of six minerals that have been declared strategic by the Namibian Government. The development of new deposits will make a significant contribution to Namibia's economic security and contribute to the further sustainable development of the region.