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BERKELEYenergía NEWS RELEASE | 29 January 2021 Quarterly Report December 2020 Summary : Permitting Update : Berkeley Energia Limited's ( " Berkeley " or the " Company " ) focus continues to be on progressing the approvals required to commence construction of the Salamanca mine and bring it into production . During the quarter , the Company received formal notification from the Ministry for Ecological Transition and the Demographic Challenge ( " MITECO " ) that it had been granted the renewal of the Initial Authorisation for the uranium concentrate plant as a radioactive facility at the Salamanca project ( " NSC I " ) until there is a resolution on the Authorisation for Construction for the uranium concentrate plant as a radioactive facility ( " NSC II ” ) . This renewal follows the Nuclear Safety Council ( " NSC " ) issuing a favourable report for the extension of the validity of NSC I in July 2020 . NSC I was granted in September 2015 by the then Ministry of Industry , Energy and Tourism , with a 5 - year validity period . The favourable report issued by the NSC in July considered that the circumstances and characteristics of the uranium concentrate plant are the same as those contained in the Initial Authorisation issued in 2015 . The Company formally submitted updated official documentation in relation to the NSC II in March 2020. The Company has subsequently held numerous meetings with the NSC technical team to discuss and clarify minor queries on the updated documentation . As requested , the Company submitted written responses to these queries , along with additional technical information , to the NSC in September 2020. The next step in the process is for the NSC technical team to finalise their report and submit it to the NSC Board for ratification . With more than 120 previous permits and favourable reports granted by the relevant authorities at the local , regional , federal and European Union levels , NSC II is the only pending approval required to commence full construction of the Salamanca mine . The Company continues to engage with the relevant authorities in a collaborative manner and maintain strong engagement with all key stakeholders in Spain . • Outstanding Contribution to Sustainable Mining - Europe 2020 Award : In December 2020 , the Company was selected as the winner of the Outstanding Contribution to Sustainable Mining Europe category in the 2020 Capital Finance International ( " CFI.co " ) Sustainability Awards The CFI.co sustainability awards seek to recognise the best responses to sustainability issues by country or region , identifying companies that stand out as examples to others across the world . Berkeley is extremely pleased to be recognised for its efforts in key area of Sustainable Mining . The Company's Salamanca mine is being developed to the highest international standards and the Company's commitment to health , safety and the environment is a priority . It holds certificates in Sustainable Mining ( UNE 22470-80 ) , Environmental Management ( ISO 14001 ) , and Health and Safety ( ISO 45001 ) which were awarded by AENOR , an independent Spanish government agency . Berkeley Energia Limited | LSE / ASX / BdM : BKY | ABN : 40 052 468 569 | www.berkeleyenergia.com MADRID Calle Capitán Haya 1 , Planta 15. Edificio Eurocentro , 28020 Madrid , Espana | T : +34 91 555 1380 PERTH Level 9 , 28 The Esplanade , Perth WA 6000 | T : +61 8 9322 6322 | F : +61 8 9322 6558