Energy Resources of Australia Ltd. (ERA.AU) said Tuesday it has been advised by the Northern Territory Government that a planned heap leach development at its Ranger uranium mine will require formal environmental assessment.

The Rio Tinto Ltd. (RIO.AU) subsidiary said Northern Territory Minister for Natural Resources, Environment, the Arts and Sports Alison Anderson has advised it the project will need formal assessment at the level of an environmental impact statement.

This follows a decision by the Federal Government last month that the heap leach project was a controlled action under the Environmental Protection & Biodiversity Conservation Act and would require further environmental assessment.

Chief Executive Officer Rob Atkinson has said in the past he believes the heap leach operation will be clean and safe and he is confident it will win environmental approval.

-By Alex Wilson, Dow Jones Newswires; 61-3-9292-2094; alex.wilson@dowjones.com
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