Rio forced to back big ERA raising

RIO Tinto will bankroll a A$476 million entitlement offer for Energy Resources Australia, to fund the Ranger uranium mine rehabilitation obligations in the Northern Territory’s Kakadu National Park.

Rio forced to back big ERA raising Rio forced to back big ERA raising Rio forced to back big ERA raising Rio forced to back big ERA raising Rio forced to back big ERA raising
Rio, already ERA's largest shareholder with a 68.39% holding, is likely to have to dig deep for the 6.