Energy Resources of Australia Ltd. (ERA.AU) said Monday it applied for government approval of a heap leach expansion project at the Ranger uranium mine in Australia's Northern Territory.

If approved, the heap leach facility will treat 10 million metric tons of low grade mineralized material a year, contained in stockpiles and the operating Ranger pit, to produce a total of 15,000 to 20,000 tons of uranium oxide.

ERA's pre-feasbility study into the heap leach project is expected to be completed within the first half of 2009.

ERA is the world's fourth largest uranium producer.

-By Elisabeth Behrmann, Dow Jones Newswires;

61-2-8272-4689 elisabeth.behrmann@dowjones.com
Energy Resources Of Aust... (ASX:ERA)
Historical Stock Chart
From Jun 2024 to Jul 2024 Click Here for more Energy Resources Of Aust... Charts.
Energy Resources Of Aust... (ASX:ERA)
Historical Stock Chart
From Jul 2023 to Jul 2024 Click Here for more Energy Resources Of Aust... Charts.