ERA 0.00% 16.0¢ energy resources of australia limited

******* annoucement - read it ******

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    Energy Resources of Australia Ltd
    ABN 71 008 550 865
    2 February 2005
    Media Release and Stock
    Exchange Announcement
    Energy Resources of Australia Ltd Chief Executive Harry Kenyon-Slaney announced
    today that a $28 million water treatment plant will be built at the Ranger uranium
    mine, following approval by the Northern Territory Government.
    Mr Kenyon-Slaney welcomed the Territory Government’s approval for the project,
    which has been in the planning stage for several years. “This project is a milestone
    for environmental management at Ranger, increasing the efficiency of our water
    treatment process. It will allow us more flexibility in our mining operations, and will
    assist us as we move towards the rehabilitation of the minesite.”
    The new plant will treat pond and process water used at the Ranger operations,
    removing impurities and leading to a reduction of water retained on site. The plant
    will process seven megalitres of pond water daily during the wet season, and 1000
    megalitres of process water annually for discharge into constructed wetlands and
    ponds on the minesite.
    Strict monitoring by Federal and Territory officials of plant operations and the
    management of all water discharged will continue.
    The construction project will employ up to 75 people at its peak in the 2005 dry
    season, and will maximise input from Territory companies. The project will
    commence in March and is expected to be completed by November 2005.
    For further information:
    Investor relations: Rod Antal, Chief Financial Officer (08) 8924 3522
    Media relations: Amanda Buckley, External Relations Manager 0419 801 349
    For further information on the company’s activities please access ERA’s website at
    Darwin Office GPO Box 2394, Darwin NT 0801 Tel: (08) 8924 3500 Fax: (08) 8924 3555
    Sydney Office 120 Christie Street, St Leonards NSW 2065 Australia Tel: (02) 9467 9811 Fax: (02) 9467 9800
    Ranger Mine Locked Bag 1, Jabiru NT 0886 Australia Tel: (08) 8938 1211 Fax: (08) 8938 1203
    Web Site
    A member of the Rio Tinto Group
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