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Ranger uranium mine closure to cost over $200 million more than expected


Energy Resources of Australia is reviewing “all funding options” to pay for the full closure and rehabilitating of its Ranger uranium mine, after studies showed the cost would be almost $300 million higher than previous estimates. Delivering is fourth quarter results, the company said the rise in costs was largely due to expenditures associated with additional water treatment, revegetation requirements and tailings transfer to pit three, as the mine is surrounded by a World-Heritage-listed National Park. more

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