The Australian government is hoping to amend legislation to ensure Energy Resources of Australia can complete the rehabilitation of the Ranger uranium mine in the NorthernTerritory environment environmental mining RioTinto
PERTH – The federal government has introduced a Bill to Parliament to amend existing legislation to allow the government to oversee the clean-up of the Ranger uranium mine, in the Northern Territory, beyond 2026, and to ensure that owner Energy Resources Australia completes rehabilitation.
ERA’s IBC has engaged an independent valuation expert to determine the fair value of the company and the offer price for an interim entitlement offer, and will advise shareholders of this proposed offer once they have been determined, which is expected late in the third quarter.said the Atomic Energy Amendment Bill 2022, introduced into the House of Representatives, was the first step to extending ERA’s authority to keep working on the rehabilitation until the work was complete.
King said that while rehabilitation was well advanced in some areas, it was apparent the full rehabilitation would extend beyond January 2026 when the existing regulatory arrangements end.Minister for Indigenous Australianssaid the Bill had the support of the Northern Land Council and Gundjeihmi Aboriginal Corporation which represent the Mirarr Traditional Owners.
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