Berkeley Energia Reports Strong Conchas Test Results and Progress in Spain Arbitration

Berkeley Energia ( (AU:BKY) ) has provided an update.

Berkeley Energia has advanced metallurgical and geological work at its Conchas project in Spain, where shallow, thick mineralised zones are showing promising recoveries of lithium and rubidium. Preliminary test work by SLR Consulting indicates strong flotation recoveries for lithium and rubidium at fine grind sizes and encouraging results from magnetic separation on coarser material, paving the way for 3D modelling, resource estimation and a second phase of test work to optimise processing routes for these critical minerals. In parallel, the company’s subsidiary continues international arbitration against Spain under the Energy Charter Treaty over alleged adverse actions affecting the Salamanca uranium project, seeking substantial compensation while keeping the door open to an amicable, negotiated resolution with Spanish authorities.

The most recent analyst rating on (AU:BKY) stock is a Hold with a A$0.59 price target. To see the full list of analyst forecasts on Berkeley Energia stock, see the AU:BKY Stock Forecast page.

More about Berkeley Energia

Berkeley Energia Limited is a resources company focused on developing mineral projects in Spain, including the Salamanca uranium project and, more recently, the Conchas critical minerals project. At Conchas, the company is targeting lithium and rubidium within muscovitic leucogranite, along with associated critical elements such as tin, caesium, beryllium, niobium and tantalum, positioning itself in supply chains for advanced technology and industrial sectors.

Average Trading Volume: 176,153

Technical Sentiment Signal: Strong Buy

Current Market Cap: A$267.8M

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