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Berkeley Energia Limited (BKY) investor relations material
Berkeley Energia Limited Q1 2026 TU earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Q1 2026 TU earnings summary30 Oct, 2025
Executive summary
Advanced exploration at the Conchas Project in Spain, focusing on lithium, rubidium, and other critical minerals, with positive preliminary metallurgical test results showing strong recoveries for Li and Rb using flotation and magnetic separation methods.
Ongoing international arbitration against Spain regarding the Salamanca Project, with a $1 billion compensation claim and a Statement of Claim due in early 2026.
Continued commitment to the Salamanca uranium project, which holds significant measured and indicated resources and is positioned as a potential low-cost producer.
Financial highlights
Cash reserves of A$71 million at quarter end, with no debt.
Net cash outflow from operating activities was A$1.84 million for the quarter, mainly due to arbitration expenses and exploration costs.
Payments to related parties totaled A$81,000 for the quarter.
Estimated funding available exceeds 10 quarters at current expenditure rates.
Outlook and guidance
Next steps at Conchas include 3D geological modelling, resource estimation, and a second phase of metallurgical test work to optimize processing.
Awaiting results from a comprehensive ERT geophysical survey at Conchas.
Arbitration process against Spain is ongoing, with the company open to dialogue for an amicable resolution.
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Next Berkeley Energia Limited earnings date
Q2 202612 Mar, 2026
Next Berkeley Energia Limited earnings date
Q2 202612 Mar, 2026
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Frequently asked questions
Berkeley Energia Limited is a mineral exploration and development company focused on uranium mining. The company's primary project is the Salamanca uranium project located in western Spain, aimed at supplying uranium to the global nuclear energy market. Berkeley Energia is working to establish sustainable operations at the Salamanca site, which includes measures for environmental protection and community engagement. Berkeley Energia Limited is headquartered in London, United Kingdom, and its shares are listed on the ASX.
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