Energy Resources Australia Says 2010 Uranium Production Falls 28% On Year
January 12 2011 - 6:34PM
Dow Jones News
Uranium oxide produced from Energy Resources of Australia Ltd.'s
(ERA.AU) Ranger mine fell 28% on the year in 2010, dropping from
5,250 metric tons in 2009 to 3,793 tons, the company said
Thursday.
ERA, whose Ranger operation in the Northern Territory is the
world's second-most productive uranium mine, said it had fallen
short of guidance of 3,900 tons due to material that had been
processed but not loaded into drums for sale.
"This tonnage will be drummed in January and reported in the
March 2011 quarter," the company said in its December 2010
operations review.
The company's uranium production rose 28% on the quarter and 2%
on the year in the December quarter to 1,165 tons.
-By David Fickling, Dow Jones Newswires; +61 2 8272 4689;
david.fickling@dowjones.com
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