Boss Energy withdraws bid for Energy Resources' Jabiluka uranium site

Boss Energy

29/07/2024 01:25

July 29 (Reuters) - Boss Energy  BOE.AX  has withdrawn
an offer to buy Energy Resources of Australia's  ERA.AX 
Jabiluka uranium site in the Northern Territory, after a
government decision to not renew the mine lease, the companies
said on Monday. 
    Boss Energy had offered A$550 million ($360 million) for the
mine site, Energy Resources said.   
    
    ($1 = 1.5260 Australian dollars)

 (Reporting by Rishav Chatterjee in Bengaluru; Editing by Tom
Hogue)
 ((Rishav.Chatterjee@thomsonreuters.com;))