
Rio takes full control of Jabiluka
Rio takes full control of Jabiluka Rio Tinto (ASX: RIO) announced its compulsory acquisition of all remaining Energy Resources Australia (ERA) (ASX: ERA) shares that it does not currently own. This follows a ruling by the Takeovers Panel that Rio would assume control over rehabilitation activities at Jabiluka. As a result of Rio Tinto taking up its pro rata entitlements in the entitlement offer and the level of participation by other ERA shareholders, Rio Tinto will hold over 98% of ERA’s shares. Rio intends to proceed with the compulsory acquisition at $0.002 per ERA share, being the same...









