@Jack1960 "Chinese interests control the other 25% of LH. I don't think they will take any form of asset confiscation lightly."
I reckon you'd be right about that, particularly if this reaction to having a lithium mining licence recently revoked is anything to go by: "Xinfeng claims the minister has no power to revoke its mining license" https://www.observer24.com.na/xinfeng-claims-the-minister-has-no-power-to-revoke-its-mining-license/
But it doesn't really change anything in terms of Namibia's agency. It's a sovereign country – China can bitch and moan all it wants, slap tariffs on this that and the other Namibian good, withdraw its Ambassador from Windhoek, etc etc, but short of sending in the army, there's not really much else it can to if the Namibian government decides to kick out Chinese companies and appropriate their assets (though they would be very, very bold moves - to say the least lol)
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