Chief Executive's message
Energy Resources of Australia Ltd (ERA) is planning an ambitious and exciting programme of significant investments for 2010 and 2011 to ensure sound and successful operations at Ranger, and to provide a solid foundation for the future.
ERA will focus on the completion of the feasibility study and environmental approvals process for the proposed Ranger heap leach facility. This facility would lead to the production of an additional 15,000 to 20,000 tonnes of uranium oxide.
The Company will also focus on Ranger 3 Deeps mineral resource, including the possible construction of an underground exploration decline.
ERA will continue its unrelenting commitment to the goal of zero injuries, and its focus on direct engagement with its employees on safety issues.
In 2009 we achieved a 33 per cent decline in the all injury frequency rate, to a world-class 0.68 reportable injuries per 200,000 hours worked.
Our operational and financial performance also depends on sound environmental management and protection.
The Commonwealth Government's Supervising Scientist stated in his 2008/2009 annual report that the "extensive monitoring and research programmes of the Supervising Scientist Division confirm that the environment has remained protected", and the Company's environmental management systems remain independently certified to ISO14001.
Water management and environmental protection at Ranger remains highly important and ERA has committed to extensive work and expenditure on additional management capability over the coming 12 months.
ERA's partnerships with its stakeholders and the community requires positive outcomes if ERA's operations in the region are to be sustainable.
ERA will continue to engage with the Mirarr Traditional Owners, with local communities and with governments to maintain Jabiru as an important regional centre, and to create cultural, social and economic development opportunities for our neighbours and future generations.
In meeting the future demand for uranium supply, and the expectations of electricity consumers the world over, ERA strives for safety leadership, environmental protection and strong and enduring relationships with all stakeholders.
A strong market and sustained interest around the world in nuclear energy as a critical part of the mix in a carbon constrained global economy will support ERA's efforts to generate value and deliver sustainable development of its resources for the benefit of shareholders and stakeholders alike.
