SalamancaThursday, July 23, 2020 2:14 PMThe reason for the spike...

SalamancaThursday, July 23, 2020 2:14 PM

The reason for the spike on the Madrid & London exchanges:

Looks like some progress has been made ...

The plenary session of the Nuclear Safety Council (CSN), meeting one more week electronically, reported favorably this Thursday, July 23, on the request submitted by the Berkeley Minera Spain company for the renewal of the prior authorization of the concentrate plant of uranium that it plans to install in the Salamanca town of Retortillo.

In this way, the company renews the prior authorization for the construction of the uranium concentrate plant in Retortillo, as a first-class radioactive installation of the fuel cycle, which was granted by Order IET / 1944/2015, of 17 September, from the Secretary of State for Energy of the then Ministry of Industry, Energy and Tourism, and which had an initial validity until September 2020.

The report approved this Thursday considers that the circumstances and characteristics of the uranium concentrate plant are the same as those contained in the prior authorization issued in 2015, and it is now up to the Ministry for the Ecological Transition and the Demographic Challenge of the Government of Spain to approve this authorization and establish its duration period.

All this during a meeting of the plenary of the CSN that also served to approve the proposal of the preliminary draft budget of the regulatory body for 2021, as well as its referral to the Ministry of Finance. This preliminary draft contains the budgeting criteria, objectives, indicators and magnitudes defined for the coming year, as well as the chapter corresponding to expenses and income.

Agreement with the Board

In addition, among other issues, the plenary session of the CSN also approved this Thursday the signing of an agreement between the Council and the Ministry of Development and Environment of the Junta de Castilla y León on planning, preparation and response to radiological emergency situations.

This agreement adapts the agreement signed between both institutions in October 2011 to the provisions of Law 40/2015, in the same terms, except for the necessary updating of the names and organizational units of both parties. The agreement will enter into force once it is published in the Official State Gazette (BOE) and will be valid for four years, without any financial consideration being provided.