Jan 31 (Reuters) - Energy Resources Of Australia Ltd ERA.AX
* "Expects that uranium market will remain challenging in near term"
* ERA expects uranium production for 2017 to be within range of 2,000 tonnes to 2,400 tonnes
* ERA expects sales of uranium oxide in 2017 to be broadly in line with production
* "Whilst supply is expected to exceed demand in near term, china led demand-growth should support a rebalancing of market over time"
* ERA directors have decided not to declare a final dividend for 2016 financial year
* For FY ERA recorded a net loss after tax of $271 million compared to a net loss after tax of $275 million in 2015
* FY revenue from sale of uranium oxide was $268 million versus $333 million
* Sales volume for 2016 was 2,139 tonnes compared with 2,183 tonnes for 2015 Source text for Eikon: ID:nASXQ1S1w Further company coverage: ERA.AX