Namibia’s green steel ambitions are set to advance following the signing of a Memorandum of Understanding (MoU) between the Namibia Green Hydrogen Programme (NGH2P), Broadmind Mining (Pty) Ltd and HyIron Green Technologies (Pty) Ltd.
Head of the Namibia Green Hydrogen Programme, James Mnyupe, said the cooperation brings together mineral resources and green hydrogen technology to underpin industrialisation.
“The Broadmind-HyIron-NGH2P partnership demonstrates how multi-sector cooperation can support this vision, creating local green jobs, boosting economic diversification, and enabling the production of future-proof materials for the global clean energy transition,” Mnyupe said.
The MoU will focus on exploring the feasibility of integrated mining, beneficiation and green steel production.
Broadmind Mining’s Executive Chairman, Sidney Martin, said the deal highlights how Namibia’s mineral resources can be converted into long-term value.
“The agreement between Broadmind, HyIron, and NGH2P is a clear demonstration of how Namibia’s mineral wealth can be transformed into long-term industrial value through strategic collaboration and technology,” Martin said.
He added that Broadmind will facilitate advanced exploration and pilot beneficiation trials to provide feedstock for HyIron’s proposed green iron plant.
HyIron Green Technologies will test Broadmind’s ore in its proprietary green hydrogen-powered direct reduced iron (DRI) process.
This collaboration with Broadmind allows us to explore sourcing high-potential iron ore domestically and process it using our already established green hydrogen-powered technology. By working with Namibian players on the ground, we are not only reducing emissions, we are helping to build the skills, supply chains, and infrastructure that a sustainable future demands,” Chief Executive Johannes Michels said.
According to NGH2P, the partnership will enable skills transfer, support local supply chains, and drive employment creation in mining, metallurgy and hydrogen-based processing. Mnyupe added that NGH2P will provide strategic support including permitting guidance, stakeholder coordination and mobilisation of catalytic funding.
“This partnership is one of the flagship collaborations expected to form part of the Sectoral Investment Plan being compiled by NGH2P under the Climate Investment Funds (CIF) Industry Decarbonization Programme, which Namibia was selected to join in June 2025,” Mnyupe said.
NGH2P said the agreement represents a milestone in Namibia’s industrialisation efforts and strengthens the country’s position as a future hub for green steel and hydrogen-powered processing in Africa.
Mnyupe noted that NGH2P will provide in-country support, including stakeholder coordination, permitting guidance and mobilisation of concessional and blended finance. He said the partnership is expected to be a flagship project under Namibia’s Sectoral Investment Plan within the Climate Investment Funds (CIF) Industry Decarbonisation Programme.
Namibia is aiming to access up to US$250 million in concessional climate finance through CIF to advance green industrialisation across minerals, hydrogen and renewable energy.
