CAPITAL MARKETS

ERA expects challenges to continue

URANIUM miner Energy Resources of Australia expects the market to remain “challenging” and decided not to declare an interim dividend as it unveiled slightly lower production and sales revenue for the half-year to June 30.

Ngaire McDiarmid
ERA expects challenges to continue

Its almost A$10 million net loss after tax for the half-year was a 95% improvement on the $197 million net loss for the previous corresponding period, which had been impacted by a non-cash impairment charge...

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