Earnings release
Page 1
ERA Energy Resources of Australia Ltd Head office Level 3 , Energy House , 18-20 Cavenagh St , Darwin NT 0800 GPO Box 2394 , Darwin NT 0801 , Australia T +61 8 8924 3500 F +61 8 8924 3555 Ranger mine Locked Bag 1 , Jabiru NT 0886 Australia T +61 8 8938 1211 F +61 8 8938 1203 www.energyres.com.au ABN 71 008 550 865 A member of the Rio Tinto Group ASX Announcement 7 July 2021 • June 2021 Quarter Operations Review ( unaudited ) No production of uranium oxide occurred in the June 2021 quarter , following cessation of processing operations on 8 January 2021 , as required by the Ranger Authority . Energy Resources of Australia Ltd ( ERA ) will continue to sell down its stocks of uranium oxide , with expected contract sales of 1.37 million pounds in 2021 , with the balance of inventories progressively sold into the spot market . ERA's focus is on the progressive rehabilitation activities on the Ranger Project Area . Key rehabilitation activities during the quarter included the preparation of the Tailings Storage Facility ( TSF ) for final floor cleaning and continued water treatment . On 26 June 2021 , a ceremony was held to celebrate the successful granting of land and execution of the Section 19A township lease for Jabiru to the Mirarr Traditional Owners . ERA is currently progressing a housing refurbishment program in Jabiru . Q2 21 vs Q2 20 vs Q1 21 6 mths 21 Vs 6 mths 20 Ore milled -100 % -100 % 23 -98 % ( ' 000 tonnes ) Mill head grade -100 % -100 % 0.07 % ( % uranium oxide ) Mill recovery ( % ) -100 % -100 % 86.1 % 1 % Production - uranium oxide - tonnes -100 % -100 % - 000 lbs 35 34 -96 % 75