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

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