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Berkeley Energia Reports Interim Loss Amid Legal Dispute with Spain, Cash Reserves at A$68.4 Million

STRATEGIC MINERALS

Berkeley Energia Ltd's shares rose 8.7% to 25p following the release of interim financial results confirming A$68.4 million in cash reserves and no debt. The company's net loss for the six months to December 2025 was A$3.45 million, influenced by rising legal costs related to its dispute with Spain.

Berkeley's subsidiary filed a claim with the International Centre for Settlement of Investment Disputes, alleging breaches of the Energy Charter Treaty, with compensation potentially reaching $1.25 billion. The company also reported progress at its Conchas project, indicating lithium recoveries of 77.5% and rubidium recoveries of 62.7%.

Berkeley Energia Reports Interim Loss Amid Legal Dispute with Spain, Cash Reserves at A$68.4 Million
Mar 12, 2026, 6:17 AM

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