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Edge16 Oct 2026
Winner, Winner: The Chicken McNugget Story
How a 1940s breeding contest, a Cornell food scientist, and a hedge by Ray Dalio helped McDonald's turn the Chicken McNugget into a fast-food icon.
Energy Resources of Australia
Energy Resources of Australia (ERA) investor relations material
Energy Resources of Australia Q3 2026 TU earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Q3 2026 TU earnings summary21 Oct, 2026
Executive summary
Pit 3 capping reforecast adds ~14 months to the schedule; further rehabilitation cost increases of A$25m–A$95m in net present cost terms remain under review.
Progressive rehabilitation continued, with A$66m spent during the quarter; cash and other financial assets totalled A$439m at 30 September 2026.
Financial highlights
Rehabilitation expenditure was A$66m in the September quarter; no mining, production or development expenditure was incurred.
The revised Pit 3 capping methodology increases forecast completion costs; the impact is reflected in the rehabilitation provision at 30 June 2026.
Further Tranche 1A reforecast elements indicate potential additional rehabilitation costs of A$25m–A$95m in net present cost terms.
Outlook and guidance
Available financial resources are expected to support planned rehabilitation activities to approximately Q4 2027.
Finger filling capping is ahead of target; use of end tipping in the softest Pit 3 areas depends on trial completion and regulatory approvals.
A power purchase agreement starts in late Q4 2026 to support rehabilitation and maintain supply when existing power infrastructure is eventually demolished.
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Latest events from Energy Resources of Australia
- Net loss widened to $214 million as rehabilitation costs and provisions increased sharply.ERA
H1 2026 - Net loss narrowed and rehabilitation advanced, but major funding and project risks persist.ERAH2 2025
- Net loss improved to $35 million as rehabilitation and funding activities continued.ERAH1 2025
- ERA launches $880m equity raise for Ranger rehabilitation, with Rio Tinto backing $760m.ERAInvestor Presentation
- ERA seeks major equity funding for Ranger rehabilitation amid legal and financial pressures.ERACorporate Presentation
- Net loss narrowed, but urgent funding is needed as cash may run out by early 2025 and legal action continues.ERAH1 2024
- $43 million spent on Ranger rehabilitation; Jabiluka lease renewal denied, funding remains uncertain.ERAQ2 2024 TU
- Net loss narrowed sharply as ERA raised $766M for rehabilitation, but major risks persist.ERAH2 2024
Next Energy Resources of Australia earnings date
H2 202624 Mar, 2027
Energy Resources of Australia
Next Energy Resources of Australia earnings date
H2 202624 Mar, 2027
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Frequently asked questions
Energy Resources of Australia Ltd is a mining company primarily focused on the extraction and production of uranium oxide. The company operates the Ranger Uranium Mine located in Australia’s Northern Territory, producing uranium oxide for sale to electric utilities around the world for use in nuclear power generation. Energy Resources of Australia emphasizes environmental management and rehabilitation in its operations, particularly as the Ranger mine nears the end of its production life. The company works in compliance with stringent environmental and safety regulations and collaborates with stakeholders to support sustainable practices in the region. It is headquartered in Darwin, Australia, and its shares are listed on the ASX.