The Jabiluka Mineral Lease (MLN) holds a large, high-quality uranium ore body of global significance. Credit: via Shutterstock.com.

Energy Resources Australia (ERA) has submitted an application for the renewal of the MLN, adhering to plans disclosed over a year ago.

The existing lease is set to expire in August 2024, and the renewal would continue the agreement with the Mirarr Traditional Owners, which includes their right to veto any development of the Jabiluka deposit.

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ERA CEO Brad Welsh said: “We believe the renewal of ERA’s mineral lease is the best way to protect Jabiluka’s cultural heritage.

“ERA has protected the cultural heritage at Jabiluka for almost two decades under a long-term agreement with the Mirarr Traditional Owners that also includes a veto right over any future development.

“The agreement and veto right only remain in place if the lease is renewed.”

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MLN is known for its substantial and high-quality uranium ore body, considered significant on a global scale.

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Despite this, ERA has confirmed that there are no plans to develop the deposit.

The renewal of the lease is seen as a continuation of the company’s commitment to the long-term care and maintenance agreement with the Mirarr, which has been in place since 2005.

The Gundjeihmi Aboriginal Corporation, representing the Mirarr Traditional Owners, has been vocal about its stance against both the renewal and development of the Jabiluka Mineral Lease.

The corporation has recently reaffirmed its opposition, which is a critical factor in the future of the lease.

ERA independent non-executive director and former Federal Indigenous Affairs Minister Ken Wyatt said: “The application for the lease renewal protects the rights of the Mirarr to control the future of the site.

“I have worked with Indigenous groups from all over the world and understand the importance of a veto right. The best way to preserve the veto right is to renew the MLN1 Jabiluka lease.”