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Energy Resources of Australia Class A ( (AU:ERA) ) has shared an announcement.
Energy Resources of Australia Ltd (ERA) has received a new section 41 Rehabilitation Authority from the Minister for Resources, effective from 9 January 2026, to continue its rehabilitation activities in the Ranger Project Area. This development is crucial for ERA’s strategic priority of achieving world-class rehabilitation of the site, ensuring compliance with the Atomic Energy Act 1953. The company is also in ongoing negotiations with the Commonwealth regarding associated agreements, highlighting its commitment to a positive legacy and sustainable practices.
More about Energy Resources of Australia Class A
Energy Resources of Australia Ltd (ERA) has been a significant uranium producer in Australia, operating the country’s longest continually producing uranium mine until its closure in 2021. The company is now focused on sustainable rehabilitation of its former mine assets, particularly the Ranger Project Area, which is located on Aboriginal land near Kakadu National Park. ERA acknowledges the Mirarr people as the Traditional Custodians of the land.
Technical Sentiment Signal: Sell
Current Market Cap: A$1.01B
Find detailed analytics on ERA stock on TipRanks’ Stock Analysis page.