Original article by Barry FitzGerald
The Australian – Page: 23 : 25-Aug-16

Energy Resources of Australia has posted a 2016 interim net loss of $A196.5m, down from $A255.3m previously. Revenue fell from $A174.4m to $A154.4m, and ERA boasted total cash resources of $A454m at the end of the half-year. Rehabilitation work at the Ranger uranium mine is expected to cost $A507m, but ERA is optimistic that it will not have to access a $A100m credit facility from Rio Tinto to complete the site remediation work.

CORPORATES
ENERGY RESOURCES OF AUSTRALIA LIMITED – ASX ERA, RIO TINTO LIMITED – ASX RIO