Energy Resources of Australia Ltd
EGRAY
Other OTC0.01
USD
- -
- -
ISIN
US29271X1081
CUSIP
29271X108
Return %
Stock
S&P500
1Y
-38.52
26.99
3Y
-97.22
77.19
5Y
-91.67
79.08
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
•
in mil. unless spec.Growth Rates
FRC
•
in mil. unless spec.Quarterly Revenue
FRC
•
in mil. unless spec.Quarterly Earnings Per Share
FRC
•
in mil. unless spec.Quarterly Dividends Per Share
FRC
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in mil. unless spec.- CEO
- Brad Welsh
- Full Time Employees
- 190
- Sector
- Energy
- Industry
- Uranium
- Address
- TIO Centre Darwin NT Australia 0801
- IPO Date
- May 18, 2011
- Website
- energyres.com.au
- Similar Companies
- Business
- Energy Resources of Australia Ltd (ASX:ERA) is an Australia-based uranium mining and rehabilitation company focused on the site rehabilitation of the former Ranger Project Area uranium mine in the Northern Territory. The company, founded in 1980 and headquartered in Darwin, Australia, previously engaged in the extraction, processing and export of uranium oxide from the Ranger mine, which ceased operations in January 2021; it now concentrates on comprehensive rehabilitation activities including pit backfilling, tailings storage facility management, revegetation, civil and structural works, mechanical installations, piping, electrical systems and consultancy services for the 79-square-kilometer Ranger Project Area located eight kilometers east of Jabiru and surrounded by Kakadu National Park. As a subsidiary of Rio Tinto Group, which holds an 86.3% stake, ERA operates primarily in the mining support services and uranium sectors, targeting regulatory compliance, environmental restoration and engagement with Traditional Owners such as the Mirarr people. In recent developments, ERA announced a non-underwritten pro rata renounceable entitlement offer in August 2024 to raise up to $880 million at $0.002 per share, securing binding pre-commitments from Rio Tinto for approximately $760 million to fund rehabilitation expenditures through 2027; the company also completed Pit 1 revegetation planting in early 2021, released its Ranger Mine Closure Plan for 2026 completion and continues phased execution of rehabilitation work packages amid ongoing funding and compulsory acquisition updates as of October 2025.