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Berkeley Energia Limited (ASX:BKY)

ALERT: Price-sensitive ASX Announcement for BKY
Current share price for BKY : $0.500 0.035 (7.53%)+
Announcement
Release
21 Jul 2026 8:34AM
Price at Release
$0.465
Full Release
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Summary
Berkeley Energia Limited has announced a maiden Mineral Resource Estimate for its Conchas Project, with 11.8 million tonnes at 0.41% Li2O and 0.21% Rb2O, prepared by independent consultants Maja Mining Limited. The resource remains classified as inferred, with potential for further growth as it remains open at depth. Preliminary metallurgical tests show favorable recoveries for lithium and rubidium, critical elements for technology and the EU's energy security. Further development work includes continued drilling and process optimization.
Key Points
  • Berkeley Energia Limited announced its maiden Mineral Resource Estimate for the Conchas Project.
  • The estimate includes 11.8Mt at 0.41% Li2O and 0.21% Rb2O.
  • All resources were classified as Inferred, prepared by Maja Mining Limited.
  • Mineralisation remains open at depth, showing potential for resource growth.
  • Preliminary metallurgical testing indicates good recoveries of Li and Rb.
  • Rubidium is identified as a critical material for advanced technology.
  • Lithium is critical for the EU's energy security and competitiveness.
  • Further work includes infill drilling and metallurgical test optimization.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.