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Rio is ERA's only hope as super-sized $880M raising needed

More than 90 investors rejected request for what was originally a $210M capital plan

Haydn Black
Kakadu. Credit: ERA.

Kakadu. Credit: ERA.

After months of sounding out the market, Energy Resources of Australia's search for funding to complete its $2.4 billion-plus rehabilitation obligation at the Ranger uranium mine has been largely rejected....

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