The Australian company Berkley, which planned to build a uranium mine in the province of Salamanca, has accused the Ministry of Ecological Transition of committing an infringement of administrative regulations for its management of the project processing.
The mining company met its shareholders at a meeting last week and sent a statement to the National Securities Market Commission (CNMV) in which they stated that the block for the construction of the uranium extraction facilities is “arbitrary” and “is not legal.”
The statement also specified that the studies previously carried out in the Retortillo area (Salamanca), where the mine was intended to be built, give reason to believe that there could be 89.3 million pounds of uranium, enough to turn the region into a production center that could compete with the lowest cost ones worldwide, obtaining great economic benefits.
Modifications to the initial project
The unfavorable reports on the project have been delaying the progress of Berkeley, which has defended its “best” to the initial project, among which now include a project to install a system of electricity production in the area using solar panels.
On this idea, the company has detailed in its letter sent to the CNMV that in that same area there is an abundance of natural light, so this type of generation would be reliable and low cost, without generating carbon dioxide emissions. In his report, Berkeley also discussed the incidence of the Ukraine war and the way it is declining energy production and consumption in Europe.