Energy Resources Australia Ltd (ERA) says the outlook for the uranium market appears positive after the yellowcake miner posted a record annual profit. Net profit for calendar 2008 rose to $221.79 million from $76.09 million in 2007, after the result was boosted by a large settlement from its insurers. ERA received $188 million pre-tax for damages and mine disruptions cause by flooding at its Ranger mine in the Northern Territory in 2006 and 2007 and losses suffered due to a failure in an acid plant in 2006.