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Mining at Energy Resources of Australia's Ranger mine was hampered in the first quarter of this year due to heavy December rains, the company said in its March Quarter Operations Review which was published yesterday. The deluge left the miner unable to access high-grade ore in the bottom of Ranger Pit 3. Ash handling system ManufacturerThe company, which holds its annual general meeting at Darwin's SkyCity Casino today, said it expects to start mining again by the end of April. This is earlier than anticipated and has enabled Energy Resources Australia to narrow its full-year production guidance to between 3200 and 3700 tonnes of uranium. Uranium was trading at around US$51 per pound this week. Chief executive Rob Atkinson told the NT News the flooded pit would be completely dry by July. "Large pumps are pumping 30 mega litres per day which is stored in retention ponds then put through water treatment plants," he said.

The miner started the year by producing a total of 612 tonnes of uranium oxide. The result was an 18 per cent lift on March 2011, but a flood-induced 41 per cent drop on the December quarter figures. bauxite processing plantThe processing plant had shown a high level of performance, Mr Atkinson said, with a mill recovery rate of 88 per cent. "We were predominantly mining the stockpiles in quarter one," Mr Atkinson said.

China has set up a rare earths industry association to fend off trade complaints and help regulate the sector that is critical to global high-tech manufacturing.

The Ministry of Industry and Information Technology announced the group's founding Sunday, saying it would coordinate mining, smelting and processing and seek to coking coal processing plantform a "reasonable price mechanism" for the materials, used in many high-tech applications. It said the group would help coordinate China's response to rare earth trade disputes such as a complaint alleging unfair market manipulation that was filed last month by the U.S., EU and Japan at the World Trade Organization.