ERA pulls the plug on Ranger 3 Deeps

ENERGY Resources of Australia has decided not to move forward with the Ranger 3 Deeps project in the Northern Territory, with major shareholder Rio Tinto supporting the move.

ERA pulls the plug on Ranger 3 Deeps ERA pulls the plug on Ranger 3 Deeps ERA pulls the plug on Ranger 3 Deeps ERA pulls the plug on Ranger 3 Deeps ERA pulls the plug on Ranger 3 Deeps

In a statement late yesterday ERA said the expansion would not go ahead due to low uranium prices and uncertainty on the market’s direction.

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