ERA struggles continue as Jabiluka development a no-go for Rio

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ERA struggles continue as Jabiluka development a no-go for Rio
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.RioTinto is refusing to entertain plans by Energy Resources of Australia to undertake uranium mining at Jabiluka in the NT, backing traditional owner concerns aboriginal traditionalart heritage rehabilitation environmental funding finance

PERTH – Mining major Rio Tinto has trashed an independent valuation report of uranium miner Energy Resources of Australia , saying it failed to recognise the long-standing opposition to the development of the Jabiluka uranium deposit.

However, the valuation report was based on the development of the Jabiluka deposit, which is located on the Jabiluka mineral lease, and contains some 302-million pounds of uranium oxide at an average grade of 0.55%. In response to the valuation report, the Mirrar Traditional Owners put out a statement saying they were ‘appalled’ by the report, saying the Jabiluka site was of ‘enormous cultural heritage significance’.

“We are again asking the ERA IBC to urgently develop a workable plan to fund the increased rehabilitation costs.”

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