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Rio refuses to back ERA's $300M emergency raising

THE diabolically complex task Rio Tinto agreed to in the 1970s of restoring the site of its decades-old, highly profitable Ranger uranium mine in the Northern Territory continues to get more costly, and the multi-national miner is stuck on the hook, but has decided to play hardball.

Haydn Black
ERA needs to return this to a pristine environment

ERA needs to return this to a pristine environment

Rio's partially-owned subsidiary, ASX-listed Energy Resources of Australia, revealed in June that it was desperate for funds to meet its legal obligations in the short term, and Rio has suggested it wants...

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