Nov 19 (Reuters) - Energy Resources Of Australia Ltd ERA.AX:
RIO TINTO MOVES TO OVER 98% OWNERSHIP OF ERA
RIO TINTO WILL HOLD OVER 98% OF ERA'S SHARES.
INTENDS TO PROCEED WITH COMPULSORY ACQUISITION OF ALL REMAINING ERA SHARES
IF COMPULSORY ACQUISITION IS COMPLETED, RIO TINTO HAS NO INTENTION TO INVEST IN MINING OR DEVELOPMENT OF JABILUKA DEPOSIT
PROPOSING TO BUY REMAINING SHARES OF ERA AT A$0.002 PER ERA SHARE
Further company coverage: ERA.AX
((Reuters.Briefs@thomsonreuters.com;))
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