Rio Tinto Assumes Control of Ranger Mine Cleanup Amid Delays and Soaring Costs

April 3, 2024
Rio Tinto Assumes Control of Ranger Mine Cleanup Amid Delays and Soaring Costs
  • Rio Tinto, majority owner of Energy Resources of Australia, to take charge of Ranger uranium mine rehabilitation.

  • The closed Ranger mine's rehabilitation costs have soared above $2.2 billion with completion delayed beyond 2028.

  • Rio Tinto's intervention follows disputes with ERA, leading to the demand for ERA's chairman to step down.

  • Mirarr traditional owners approve of Rio Tinto's role but are dissatisfied with ERA's control over Jabiluka mineral lease.

  • The move is part of Rio Tinto's strategy to bolster its cultural heritage policies post-Juukan Gorge incident.

  • Conservationists give a cautious nod to Rio Tinto's rehabilitation takeover due to its resources and expertise.

  • Australia remains a key player in the global uranium market despite its internal ban on nuclear energy.

Summary based on 3 sources


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