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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
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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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