middle.news

ERA Secures $766M for Ranger Rehab, Eyes Authority Extension Beyond 2026

7:03pm on Monday 2nd of June, 2025 AEST Energy
Read Story

ERA Secures $766M for Ranger Rehab, Eyes Authority Extension Beyond 2026

7:03pm on Monday 2nd of June, 2025 AEST
Key Points
  • ERA raised approximately $766 million through a successful entitlement offer
  • Cash and financial assets total nearly $791 million at December 2024
  • Progressive rehabilitation of the Ranger Project Area continues, with Pit 3 capping underway
  • ERA is negotiating an extension of its Section 41 Authority beyond January 2026
Read Story
middle.

Tap to Read

Tap the card to read the full analysis
about Energy Resources of Australia (ASX:ERA)
OPEN ARTICLE