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ERA's June quarter output slips

Uranium miner Energy Resources of Australia has posted a 25 per cent decline in June quarter uranium oxide production to 449 tonnes.

Energy Resources of Australia has produced 449 tonnes of uranium oxide in the three months to June 30, a 25 per cent decline on the March quarter.

The company says all ore milled was taken from existing stockpiles and no exploration was conducted during the quarter.

The Rio Tinto-owned uranium miner has reaffirmed its full-year production guidance of 2,000 to 2,400 tonnes for 2017.


1 min read

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Source: AAP



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