The Namibia Green Hydrogen Programme (NGH2P), Broadmind Mining – a subsidiary of Broadmind Mining Holdings -, and HyIron Green Technologies have signed a landmark Memorandum of Understanding (MoU) to collaborate on establishing a sustainable, low-carbon green industrial value chain in Namibia.
This agreement marks a significant milestone in advancing Namibia’s mineral beneficiation capabilities and positioning the country as a green industrial hub in Africa.
This strategic cooperation focuses on leveraging Broadmind’s critical mineral assets, particularly rare-earth elements and iron ore, and HyIron’s proprietary green direct reduced iron (DRI) process, powered by renewable hydrogen. Together, the parties will explore the feasibility of integrated mining, beneficiation, and green steel production, which is a core component of Namibia’s green hydrogen-driven industrialisation agenda.
Unlocking Value Through Cooperation
Under the MoU, Broadmind will facilitate advanced exploration and pilot beneficiation trials to support feedstock development for HyIron’s green iron plant. In turn, HyIron will test the compatibility of Broadmind’s ore in its DRI process and provide technical parameters for future scale-up. The collaboration will enable skills transfer, support local supply chains, and drive employment creation in mining, metallurgy, and hydrogen-based processing.
NGH2P will provide strategic in-country support, including stakeholder coordination, permitting guidance, infrastructure planning, and most critically, mobilisation of catalytic funding to de-risk this pioneering initiative. This includes support in accessing concessional and blended finance instruments to enable rapid project implementation.
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 Decarbonisation Programme, which Namibia was selected to join in June 2025.
Namibia aims to unlock up to US$250 million (about N$4.5 billion) in concessional climate finance through CIF to catalyse green industrialisation across critical minerals, green hydrogen, and renewable energy value chains.
James Mnyupe, Head of the Namibia Green Hydrogen Programme, said 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.
Sidney Martin, Executive Chairman of Broadmind Mining, said: “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”.
Johannes Michels, Chief Executive Officer of HyIron Green Technologies said the collaboration allows the exploration of sourcing high-potential iron ore domestically and processing it using the 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,” he said.
Enabling ASII’s Objectives
The MoU also contributes directly to the strategic goals of the African Sustainable Industrialisation Institute (ASII), a continental centre of excellence to be headquartered in Namibia, aimed at enabling African governments and companies to exploit green industrial opportunities.
The NGH2P continues to welcome strategic partnerships that promote sustainable industrial development, local value addition, and inclusive economic transformation in line with Vision 2030 and the Sixth National Development Planning.
