Feb 8 (Reuters) - Energy Resources Australia (ERA) , owned by global mining giant Rio Tinto (RIO) , on Friday flagged a higher-than-expected rehabilitation provision for its Ranger uranium project as costs from additional treatment and increased contingency rose.
The uranium miner said the rehabilitation provision for its Northern Territory-based project was now estimated at A$830 million ($587.06 million) as at Dec. 31, compared with its previous estimate of A$808 million.
The company's net loss from continuing operations widened 10-fold to A$435.3 million in 2018 from a year earlier.
($1 = 1.4138 Australian dollars)
News: RIO Rio Tinto's ERA sees higher rehab costs for Ranger uranium project
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