Australian mining group
Berkeley Energia said on Tuesday it had filed a request
for an arbitration to seek $1 billion in damages from the
Spanish government after it refused to give final approval.
Australian mining group Berkeley Energia said on Tuesday it had filed a request for an arbitration to seek $1-billion in damages from the Spanish government after it refused to give final approval for its uranium mine project.
The Retortillo project, Berkeley's main asset, received preliminary approval in 2013, but Spain's Energy Ministry refused to approve the project located near the central city of Salamanca first in 2021 and again in 2023.
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