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Boss Energy made $550m Jabiluka bid before PM’s mine veto

Anthony Macdonald and Peter Ker

Jul 28, 2024 – 6.27pm

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Australia’s newest uranium producer Boss Energy was in talks to acquire the controversial Jabiluka uranium site in the Northern Territory, before Prime Minister Anthony Albanese dashed hopes that it would ever be mined.

Boss Energy, an ASX-listed uranium producer that has just restarted production at South Australia’s Honeymoon project, made a confidential non-binding and indicative offer to Jabiluka’s leaseholder Energy Resources of Australia’s board, and was due to meet representatives of NT Aboriginal groups to discuss its proposal this week.

Anthony Macdonald is a Chanticleer columnist. He is a former Street Talk co-editor and has 10 years' experience as a business journalist and worked at PwC, auditing and advising financial services companies.

Peter Ker covers resource companies for The Australian Financial Review, based in Melbourne.