Energy Resources of Australia Ltd.OTCPK - Current
Jun. 12, 2015, 6:56 AM
- Rio Tinto (NYSE:RIO) is assessing an about $300M non-cash impairment charge related to its shareholding in Energy Resources of Australia (OTCPK:EGRAY).
- Citing weak market conditions, ERA, in which Rio Tinto has a 68.4% stake, said it would not proceed with the final feasibility study of its Ranger 3 Deeps uranium project in Australia.