Nov 15 (Reuters) - Rio Tinto (LON:RIO) Ltd :
* SUPPORTS ERA'S PLANS TO RAISE FUNDS FOR REHABILITATION OF RANGER PROJECT AREA
* WILL SUPPORT ENERGY RESOURCES OF AUSTRALIA LIMITED'S (ERA) PLANS FOR A RENOUNCEABLE ENTITLEMENT OFFER TO RAISE $324 MILLION
* AS A 68.4 PER CENT SHAREHOLDER IN ERA, RIO TINTO WILL SUBSCRIBE TO ITS FULL ENTITLEMENT OF ABOUT $221 MILLION
* RIO TINTO WILL SUBSCRIBE TO ITS FULL ENTITLEMENT OF ABOUT $221 MILLION
* HAS ALSO AGREED TO FULLY UNDERWRITE OFFER
* ERA IS REQUIRED TO END MINING AND PROCESSING ACTIVITIES AT RANGER BY JANUARY 2021 AND COMPLETE FINAL REHABILITATION BY JANUARY 2026