ERA’s Ranger uranium mine, inside Kakadu national park, in 2018. Clean-up of the site is meeting resistance from ERA minority shareholders. Funding for the multibillion-dollar clean-up of the Ranger uranium mine, carved out of the Kakadu national park in the Northern Territory , has been thrown into limbo due to a corporate stoush over attempts to revive mining in the area.
Rio Tinto, the majority shareholder in Energy Resources Australia, which owns the tapped-out Ranger mine and the neighbouring Jabiluka deposit, says it wants to fund the clean-up of Ranger and will not develop Jabiluka without the consent of traditional owners. The Mirrar people, whose lands cover both mining leases, are adamantly opposed to any further mining.
But minority shareholders in ERA have been pushing for the company to consider reopening Jabiluka and look into a project mining deep below Ranger, which was previously rejected as uneconomic.
The dispute came to a […]
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