BCI Minerals (ASX:BCI) - Outgoing Managing Director, Alwyn Vorster
Outgoing Managing Director, Alwyn Vorster
Source: CEO Magazine
The Market Online - At The Bell

Join our daily newsletter At The Bell to receive exclusive market insights

  • BCI Minerals (BCI) secures approvals for main construction at its Mardie Salt and Potash project on the Pilbara coast of Western Australia
  • The company says the approvals in conjunction with a recently secured mining tenure have allowed main construction of the definitive feasibility study footprint to commence
  • Initial main construction work will focus on completion of the seawater intake station and Pond 0, followed by Pond 1, Pond 2 and the 200 bed Mardie village
  • BCI Minerals Managing Director Alwyn Vorster says the approvals represent a historic milestone and the culmination of four years’ work
  • Shares have been up 1.28 per cent, trading at 39.5 cents

BCI Minerals (BCI) has secured approvals for main construction at its Mardie Salt and Potash project on the Pilbara coast of Western Australia.

The company said the approvals in conjunction with a recently secured mining tenure have allowed the main construction of the definitive feasibility study footprint to commence.

Mardie will ultimately include a 100 square kilometre evaporation pond and crystalliser system, two processing plants and a new export facility which will produce 5.35 Mtpa of salt and 140 ktpa of sulphate of potash fertiliser, driven sustainably by inexhaustible seawater and 99 per cent natural sun and wind energy.

The initial main construction work will focus on the completion of the seawater intake station and Pond 0, followed by Pond 1, Pond 2 and the 200 bed Mardie village.

The company is aiming to complete the construction of Pond 1 and fill it with seawater within six months, which will represent the commencement of production to achieve first salt sales in late 2024.

BCI Minerals Managing Director Alwyn Vorster says the approvals represent a significant step in development.

“This is a historic milestone for BCI and the culmination of four years’ work by our dedicated team,” he said.

Shares were trading 1.28 per cent higher at 39.5 cents at 12:10 pm AEDT.

BCI by the numbers
More From The Market Online
Image representing wireless networks

Etherstack signs US$1.2M deal with telecom giant AT&T, shares jump 12%

Etherstack Plc has signed a US$1.2M contract with global telecommunications carrier giant AT&T, pushing its shares…
Cordoba, Argentina

‘Delighted’ Patagonia up 42% on MRE for Formentera lithium project

Patagonia Lithium Ltd has released a maiden mineral resource estimate for its Formentera lithium brine project
Apple Intelligence on an iPhone

Nobody’s buying Apple’s AI-juiced iPhone 16. Is the AI hype starting to show cracks?

If the Artificial Intelligence (AI) thematic is developing cracks, you won’t see them by looking at the still strong Mag 7 stock prices
Market Update Graphic

ASX Market Update: Index rises as Trump considers China tariffs | January 22, 2025

Just after the local bourse opened, Trump says the U.S. is seriously considering tariffs on China…