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Rio Tinto’s ERA Takeover Faces Legal Hurdles as Ranger Rehab Costs Rise

3:48pm on Thursday 30th of July, 2026 AEST Mining
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Rio Tinto’s ERA Takeover Faces Legal Hurdles as Ranger Rehab Costs Rise

3:48pm on Thursday 30th of July, 2026 AEST
Key Points
  • Rio Tinto holds over 98% of ERA shares but faces appeal against compulsory acquisition
  • Ranger Rehabilitation Project spends $54 million with Pit 3 capping delays and cost risks
  • Water treatment operations delayed, awaiting Q3 2026 commencement
  • ERA plans power purchase agreement to support rehabilitation post-infrastructure
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