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Rio to take full control of uranium mine near Kakadu - Indigenous Business News

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data-scroll-devices="small-visibility,medium-visibility,large-visibility"><div class="fusion-column-wrapper fusion-column-has-shadow fusion-flex-justify-content-flex-start fusion-content-layout-column"><div class="fusion-title title fusion-title-3 fusion-sep-none fusion-title-text fusion-title-size-one" style="--awb-margin-bottom:10px;--awb-font-size:32px;"><h1 class="fusion-title-heading title-heading-left" style="font-family:&quot;Manrope&quot;;font-style:normal;font-weight:700;margin:0;font-size:1em;line-height:48px;">Rio to take full control of uranium mine near Kakadu</h1></div><div class="fusion-title title fusion-title-4 fusion-sep-none fusion-title-text fusion-title-size-div" style="--awb-margin-top:0px;--awb-margin-bottom:0px;--awb-margin-top-small:0px;--awb-margin-bottom-small:0px;--awb-font-size:11px;"><div class="fusion-title-heading title-heading-left title-heading-tag" style="font-family:&quot;Manrope&quot;;font-style:normal;font-weight:400;margin:0;font-size:1em;text-transform:uppercase;line-height:18px;">November 27, 2024</div></div></div></div></div><div class="fusion-separator fusion-full-width-sep" style="align-self: center;margin-left: auto;margin-right: auto;margin-top:20px;margin-bottom:20px;width:100%;"><div class="fusion-separator-border sep-single sep-solid" style="--awb-height:20px;--awb-amount:20px;--awb-sep-color:#993300;border-color:#993300;border-top-width:5px;"></div></div><div class="fusion-content-tb fusion-content-tb-1" style="--awb-text-color:var(--awb-color8);--awb-text-transform:none;"><p><em>By AARON BUNCH</em></p> <p><strong>Mining giant Rio Tinto will put its money where its mouth is and get on with the job of shutting down and rehabilitating a controversial uranium mine surrounded by the World Heritage Kakadu National Park.聽</strong></p> <p>Rio announced it would compulsorily acquire the remaining shares it does not own in Energy Resources of Australia (ERA).</p> <p>The purchase will give it full control of the Ranger uranium mine, where rehabilitation activities have already started, and the nearby Jabiluka deposit in the Northern Territory, about 300km east of Darwin.</p> <p>Rio Tinto chief executive of Australia Kellie Parker said the company would rehabilitate the Ranger Project Area to a standard that would establish an environment similar to Kakadu.</p> <div id="attachment_9923" style="width: 694px" class="wp-caption aligncenter"><img decoding="async" aria-describedby="caption-attachment-9923" class="lazyload wp-image-9923" src="https://ibnews.com.au/wp-content/uploads/2024/11/20240916119902648884-minihighres-300x199.jpg" data-orig-src="https://ibnews.com.au/wp-content/uploads/2024/11/20240916119902648884-minihighres-300x199.jpg" alt="" width="684" height="454" srcset="data:image/svg+xml,%3Csvg%20xmlns%3D%27http%3A%2F%2Fwww.w3.org%2F2000%2Fsvg%27%20width%3D%27684%27%20height%3D%27454%27%20viewBox%3D%270%200%20684%20454%27%3E%3Crect%20width%3D%27684%27%20height%3D%27454%27%20fill-opacity%3D%220%22%2F%3E%3C%2Fsvg%3E" data-srcset="https://ibnews.com.au/wp-content/uploads/2024/11/20240916119902648884-minihighres-200x133.jpg 200w, https://ibnews.com.au/wp-content/uploads/2024/11/20240916119902648884-minihighres-300x199.jpg 300w, https://ibnews.com.au/wp-content/uploads/2024/11/20240916119902648884-minihighres-400x265.jpg 400w, https://ibnews.com.au/wp-content/uploads/2024/11/20240916119902648884-minihighres-600x398.jpg 600w, https://ibnews.com.au/wp-content/uploads/2024/11/20240916119902648884-minihighres-768x509.jpg 768w, https://ibnews.com.au/wp-content/uploads/2024/11/20240916119902648884-minihighres.jpg 800w" data-sizes="auto" data-orig-sizes="(max-width: 684px) 100vw, 684px" /><p id="caption-attachment-9923" class="wp-caption-text">Rio Tinto says it will comply with the wishes of the Mirarr people, who are the traditional owners.</p></div> <p>&#8220;Our utmost priority and commitment is to complete this important rehabilitation project in a way that is consistent with the wishes of the Mirarr People,&#8221; she told the Australian Stock Exchange on Wednesday.</p> <p>&#8220;Proceeding with compulsory acquisition after participating for our full entitlement in the ERA capital raising underlines our commitment to Ranger&#8217;s rehabilitation.&#8221;</p> <p>Rio said it did not intend to mine or develop the Jabiluka uranium deposit if its compulsory acquisition was completed.</p> <p>The Australian Conservation Foundation welcomed the development.</p> <p>&#8220;The move signals the end of decades of headlines and heartache and draws a line under the threat of future uranium mining in the World Heritage-listed Kakadu region,&#8221; campaigner Dave Sweeney said.</p> <p>&#8220;The Mirarr have worked long and strong to protect their land and culture from the impacts of uranium mining and today&#8217;s news is due to their efforts.</p> <p>&#8220;The rehabilitation of the Ranger site is Australia&#8217;s most costly and complex mine rehabilitation and Rio Tinto is best placed to deliver credible outcomes.&#8221;</p> <p>Mr Sweeney said ERA had been dragging its heels on the rehabilitation work.</p> <p>&#8220;The ERA Kakadu uranium mining story has been a long one, but today there is a chance its closing chapter can become one of respect and repair,&#8221; he said.</p> <div id="attachment_9924" style="width: 692px" class="wp-caption aligncenter"><img decoding="async" aria-describedby="caption-attachment-9924" class="lazyload wp-image-9924" src="https://ibnews.com.au/wp-content/uploads/2024/11/20090526000182257785-minihighres-300x195.jpg" data-orig-src="https://ibnews.com.au/wp-content/uploads/2024/11/20090526000182257785-minihighres-300x195.jpg" alt="" width="682" height="443" srcset="data:image/svg+xml,%3Csvg%20xmlns%3D%27http%3A%2F%2Fwww.w3.org%2F2000%2Fsvg%27%20width%3D%27682%27%20height%3D%27443%27%20viewBox%3D%270%200%20682%20443%27%3E%3Crect%20width%3D%27682%27%20height%3D%27443%27%20fill-opacity%3D%220%22%2F%3E%3C%2Fsvg%3E" data-srcset="https://ibnews.com.au/wp-content/uploads/2024/11/20090526000182257785-minihighres-200x130.jpg 200w, https://ibnews.com.au/wp-content/uploads/2024/11/20090526000182257785-minihighres-300x195.jpg 300w, https://ibnews.com.au/wp-content/uploads/2024/11/20090526000182257785-minihighres-400x260.jpg 400w, https://ibnews.com.au/wp-content/uploads/2024/11/20090526000182257785-minihighres-600x390.jpg 600w, https://ibnews.com.au/wp-content/uploads/2024/11/20090526000182257785-minihighres-768x499.jpg 768w, https://ibnews.com.au/wp-content/uploads/2024/11/20090526000182257785-minihighres.jpg 800w" data-sizes="auto" data-orig-sizes="(max-width: 682px) 100vw, 682px" /><p id="caption-attachment-9924" class="wp-caption-text">The Ranger uranium mine was Australia&#8217;s longest continuous uranium mining operation. AAP</p></div> <p>Pocked by deep holes and abandoned mining ponds, Ranger, which sits on a 79sq km site, was Australia&#8217;s longest continuous uranium mining operation.</p> <p>The open-cut mine first produced uranium oxide via acid leach extraction in 1981 and the processing of stockpiled ore ended in 2021.</p> <p>The uranium oxide produced has powered the world&#8217;s nuclear power plants under the Atomic Energy Act that gave ownership of the resource to the Commonwealth.</p> <p>The NT government lease agreement with ERA for the Jabiluka area, an as-yet undeveloped uranium deposit south of Ranger that is estimated to hold 137,100 tonnes of uranium oxide, expired in August after 42 years.</p> <p>Gundjeihmi Aboriginal Corporation, Minerals Council of Australia and the NT government have been contacted for comment.</p> <p><em>AAP</em></p> </div></div></div><div class="fusion-layout-column fusion_builder_column fusion-builder-column-2 fusion_builder_column_1_5 1_5 fusion-flex-column" 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class="fusion-recent-posts fusion-recent-posts-2 avada-container layout-default layout-columns-1" style="--h4_typography-font-size:18px;"><section class="fusion-columns columns fusion-columns-1 columns-1"><article class="post fusion-column column col col-lg-12 col-md-12 col-sm-12"><div class="fusion-flexslider fusion-flexslider-loading flexslider flexslider-hover-type-none"><ul class="slides"><li><a href="https://ibnews.com.au/sa-voice-to-parliament-urges-meaningful-change/" aria-label="SA Voice to parliament urges meaningful change" class="hover-type-none"><img decoding="async" width="800" height="533" src="https://ibnews.com.au/wp-content/uploads/2024/11/20230728001825024992-minihighres.jpg" class="attachment-full size-full lazyload" alt="" 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rel="author">admin</a></span></span><span class="updated" style="display:none;">2024-11-27T07:35:43+00:00</span><h4 class="entry-title"><a href="https://ibnews.com.au/sa-voice-to-parliament-urges-meaningful-change/">SA Voice to parliament urges meaningful change</a></h4><p class="meta"><span class="vcard" style="display: none;"><span class="fn"><a href="https://ibnews.com.au/author/admin/" title="Posts by admin" rel="author">admin</a></span></span><span class="updated" style="display:none;">2024-11-27T07:35:43+00:00</span><span>November 27, 2024</span><span class="fusion-inline-sep">|</span></p></div></article><article class="post fusion-column column col col-lg-12 col-md-12 col-sm-12"><div class="fusion-flexslider fusion-flexslider-loading flexslider flexslider-hover-type-none"><ul class="slides"><li><a href="https://ibnews.com.au/righting-a-significant-wrong-in-australia/" aria-label="Righting a significant wrong in Australia" class="hover-type-none"><img decoding="async" width="800" height="533" src="https://ibnews.com.au/wp-content/uploads/2024/11/20220923001706716402-minihighres.jpg" class="attachment-full size-full lazyload" alt="" srcset="data:image/svg+xml,%3Csvg%20xmlns%3D%27http%3A%2F%2Fwww.w3.org%2F2000%2Fsvg%27%20width%3D%27800%27%20height%3D%27533%27%20viewBox%3D%270%200%20800%20533%27%3E%3Crect%20width%3D%27800%27%20height%3D%27533%27%20fill-opacity%3D%220%22%2F%3E%3C%2Fsvg%3E" data-orig-src="https://ibnews.com.au/wp-content/uploads/2024/11/20220923001706716402-minihighres.jpg" data-srcset="https://ibnews.com.au/wp-content/uploads/2024/11/20220923001706716402-minihighres-200x133.jpg 200w, https://ibnews.com.au/wp-content/uploads/2024/11/20220923001706716402-minihighres-400x267.jpg 400w, https://ibnews.com.au/wp-content/uploads/2024/11/20220923001706716402-minihighres-600x400.jpg 600w, https://ibnews.com.au/wp-content/uploads/2024/11/20220923001706716402-minihighres.jpg 800w" data-sizes="auto" /></a></li></ul></div><div class="recent-posts-content"><span class="vcard" style="display: none;"><span class="fn"><a href="https://ibnews.com.au/author/admin/" title="Posts by admin" rel="author">admin</a></span></span><span class="updated" style="display:none;">2024-11-27T07:33:25+00:00</span><h4 class="entry-title"><a href="https://ibnews.com.au/righting-a-significant-wrong-in-australia/">Righting a significant wrong in Australia</a></h4><p class="meta"><span class="vcard" style="display: none;"><span class="fn"><a href="https://ibnews.com.au/author/admin/" title="Posts by admin" rel="author">admin</a></span></span><span class="updated" style="display:none;">2024-11-27T07:33:25+00:00</span><span>November 27, 2024</span><span class="fusion-inline-sep">|</span></p></div></article><article class="post fusion-column column col col-lg-12 col-md-12 col-sm-12"><div class="fusion-flexslider fusion-flexslider-loading flexslider flexslider-hover-type-none"><ul class="slides"><li><a href="https://ibnews.com.au/court-finalises-144m-to-families-in-stolen-wages-claim/" aria-label="Court finalises $144m to families in stolen wages claim" class="hover-type-none"><img decoding="async" width="800" height="534" src="https://ibnews.com.au/wp-content/uploads/2024/11/20231128001870931971-minihighres.jpg" class="attachment-full size-full lazyload" alt="" srcset="data:image/svg+xml,%3Csvg%20xmlns%3D%27http%3A%2F%2Fwww.w3.org%2F2000%2Fsvg%27%20width%3D%27800%27%20height%3D%27534%27%20viewBox%3D%270%200%20800%20534%27%3E%3Crect%20width%3D%27800%27%20height%3D%27534%27%20fill-opacity%3D%220%22%2F%3E%3C%2Fsvg%3E" data-orig-src="https://ibnews.com.au/wp-content/uploads/2024/11/20231128001870931971-minihighres.jpg" data-srcset="https://ibnews.com.au/wp-content/uploads/2024/11/20231128001870931971-minihighres-200x134.jpg 200w, https://ibnews.com.au/wp-content/uploads/2024/11/20231128001870931971-minihighres-400x267.jpg 400w, https://ibnews.com.au/wp-content/uploads/2024/11/20231128001870931971-minihighres-600x401.jpg 600w, https://ibnews.com.au/wp-content/uploads/2024/11/20231128001870931971-minihighres.jpg 800w" data-sizes="auto" /></a></li></ul></div><div class="recent-posts-content"><span class="vcard" style="display: none;"><span class="fn"><a href="https://ibnews.com.au/author/admin/" title="Posts by admin" rel="author">admin</a></span></span><span class="updated" style="display:none;">2024-11-27T07:33:31+00:00</span><h4 class="entry-title"><a href="https://ibnews.com.au/court-finalises-144m-to-families-in-stolen-wages-claim/">Court finalises $144m to families in stolen wages claim</a></h4><p class="meta"><span class="vcard" style="display: none;"><span class="fn"><a href="https://ibnews.com.au/author/admin/" title="Posts by admin" rel="author">admin</a></span></span><span class="updated" style="display:none;">2024-11-27T07:33:31+00:00</span><span>November 27, 2024</span><span 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