Rio limits ERA funding support

RIO Tinto has told 68.4% subsidiary Energy Resources of Australia it will only contribute additional funding for rehabilitation costs if the company raises fresh equity.

Rio limits ERA funding support Rio limits ERA funding support Rio limits ERA funding support Rio limits ERA funding support Rio limits ERA funding support

ERA's Ranger mine in the Northern Territory

Earlier this year, ERA finalised a feasibility study for the closure of the Ranger uranium mine in the Northern Territory and announced an increase in the rehabilitation provision from US$526 million