Rio Tinto to manage the Ranger Rehabilitation Project in Australia

The company states: “Rio Tinto will manage the Ranger Rehabilitation Project in Australia’s Northern Territory on behalf of Energy Resources of Australia Ltd, under a new Management Services Agreement, or MSA, signed today. The MSA will build on ERA’s existing rehabilitation work with Rio Tinto’s technical expertise in designing, scoping and executing closure projects. Transition to Rio Tinto management of the project will start immediately and is expected to take about three months. The agreement follows an approach to Rio Tinto from ERA’s Independent Board Committee to submit a proposal to provide services and advice to progress the project. Rio Tinto owns 86.3% of ERA’s shares. Under the MSA, Rio Tinto and ERA aim to complete the Ranger Rehabilitation Project in the safest and most efficient way, and to a standard that will establish an environment similar to the adjacent Kakadu National Park and that is consistent with the wishes of the Traditional Owners of the land, the Mirarr people.”