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Berkeley Energia to get extension to Salamanca uranium plant authorisation

The initial authorisation for the uranium concentrate plant as a radioactive facility was granted in September 2015

Berkeley Energia Ltd -

Berkeley Energia Limited (LON:BKY) said the Board of the Nuclear Safety Council (NSC) in Spain has indicated its authorisation for the uranium concentrate plant at Salamanca should be extended.

The initial authorisation for the uranium concentrate plant as a radioactive facility was granted in September 2015.

Berkeley Energia said while it has not received formal notification of the decision, the outcome of the NSC board meeting was posted on its website yesterday (23 July).

The favourable report issued by the NSC considered that the circumstances and characteristics of the uranium concentrate plant are the same as those contained in the Initial Authorisation, said the company.

The next step is for the Ministry for Ecological Transition and the Demographic Challenge to approve this authorisation, it added, and set its duration period.

In 2016, Berkeley Energia said it had also applied for Authorisation for Construction of the uranium concentrate plant (NSC II) as a radioactive facility.

In March this year, the company said it formally submitted the updated official documentation to support its NSC II application.

The next step in the process is for the NSC technical team to now finalise its report and submit it to the NSC Board for ratification.

Quick facts: Berkeley Energia Ltd

Price: 19.75 GBX

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