Dec 12 (Reuters) - Energy Resources Of Australia Ltd (ERA) :
- REHABILITATION ACCOUNTING STANDARDS UPDATE
- CONTINUES TO REFINE ITS ESTIMATE OF TOTAL REHABILITATION COSTS FOR RANGER PROJECT AREA
- CURRENTLY EXPECT TO RECORD A PROVISION OF APPROXIMATELY A$2.3 BILLION BASED ON AVAILABLE INFORMATION AT THIS STAGE
- EXPECTS TO SPEND ABOUT A$1.2 BILLION IN NOMINAL TERMS, ON REHABILITATION ACTIVITIES UP UNTIL END OF 2027
- OF INCREASE IN PROVISION, ABOUT 85% ATTRIBUTABLE TO REHABILITATION ACTIVITIES POST 2027
- PROVISION RECORDED WILL BE ADJUSTED WHEN CO HAS FINALISED ESTIMATE OF COST OF REHABILITATION RANGER PROJECT AREA
News: ERA Energy Resources Of Australia Announces Rehabilitation Accounting Standards Update
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