• ERA reported a net loss of $214 million for the half-year ended 30 June 2026
• Cash flows from operating activities were negative $97 million
• Rehabilitation costs increased, and the provision for rehabilitation rose to $2,435 million
• The company is progressing with the Ranger Project rehabilitation
• ERA is facing a capital and reserves shortfall exceeding $1 billion

Energy Resources of Australia Ltd (ERA) reported a net loss of $214 million for the half-year ended 30 June 2026, compared to a net loss of $35 million for the same period in 2025. The company incurred negative cash flows from operating activities of $97 million, up from $100 million in the previous year. Rehabilitation costs for the half-year were $101 million, compared to $106 million in 2025. The rehabilitation provision increased to $2,435 million, up from $2,301 million at the end of 2025. ERA is progressing with the Ranger Project rehabilitation, focusing on the dry capping of Pit 3. The company is also facing a capital and reserves shortfall exceeding $1 billion and is expected to continue operating at a loss due to ongoing rehabilitation work.

ERA expects its cash reserves to provide sufficient funding for Ranger Project Area rehabilitation until approximately Q4 2027

ERA's strategic priority is the comprehensive rehabilitation of the Ranger Project Area to a standard where it can be reincorporated into the surrounding Kakadu National Park.