Nov 15 (Reuters) - Rio Tinto Ltd :
- SUPPORTS ERA'S PLANS TO RAISE FUNDS FOR REHABILITATION OF RANGER PROJECT AREA
- WILL SUPPORT ENERGY RESOURCES OF AUSTRALIA LIMITED'S (ERA) PLANS FOR A RENOUNCEABLE ENTITLEMENT OFFER TO RAISE $324 MILLION
- AS A 68.4 PER CENT SHAREHOLDER IN ERA, RIO TINTO WILL SUBSCRIBE TO ITS FULL ENTITLEMENT OF ABOUT $221 MILLION
- RIO TINTO WILL SUBSCRIBE TO ITS FULL ENTITLEMENT OF ABOUT $221 MILLION
- HAS ALSO AGREED TO FULLY UNDERWRITE OFFER
- ERA IS REQUIRED TO END MINING AND PROCESSING ACTIVITIES AT RANGER BY JANUARY 2021 AND COMPLETE FINAL REHABILITATION BY JANUARY 2026
News: ERA Rio Tinto Says Supports Era's Plans To Raise Funds For Rehabilitation Of Ranger Project...
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