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ERA on borrowed time?

QUESTIONS are being raised about Rio Tinto-controlled uranium miner Energy Resources of Australia’s ability to fund the ever-increasing rehabilitation costs at the Ranger mine in the Northern Territory.

Karma Barndon
An aerial view of the Ranger Mine showing the processing facilities in the foreground and the stockpiles in the background

An aerial view of the Ranger Mine showing the processing facilities in the foreground and the stockpiles in the background

ERA is facing an uphill battle to complete rehabilitation at Ranger by January 2026, with the timeframe blowing out to two years longer than planned and costs soaring to between $1.6 billion and $2.2 billion....

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