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ERA Secures $766M for Ranger Rehab, Eyes Authority Extension Beyond 2026
7:03pm on Monday 2nd of June, 2025 AEST
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Energy
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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
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Energy Resources of Australia (ASX:ERA)
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