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Rio’s Uranium Arm Chairman Resigns After Indigenous Controversy

The chairman of Energy Resources of Australia Ltd. has resigned following pressure from majority owner Rio Tinto Plc over a proposal to mine uranium in northern Australia against the wishes of an Indigenous community.

Peter Mansell will resign immediately as ERA’s chair after the company secured a A$100 million ($65 million) loan from Rio to pay for rehabilitation of the closed Ranger mine in the Northern Territory, the company said on Thursday.