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

Omega Oil & Gas kicks off play-defining drilling campaign at Canyon-3

Omega Oil & Gas has commenced drilling operations at Canyon-3, another key step in confirming the…
The Market Online graphic with ASX-branded charts and the text "HotCopper Highlights" centred in white.

HotCopper Highlights, Week 31: Pilbara Minerals, BrainChip and 4DMedical spark fresh investor interest

Pilbara Minerals, Dateline Resources and Strike Energy top this week's most viewed stocks, while 4DMedical, Liontown…

Ariana Resources earns US$3.7M from further asset sale in Turkiye

Ariana Resources has sold its legacy 9.9% interest in the Kiziltepe Sector in Türkiye to Proccea…

Meteoric Resources unveils confidence boosting Caldeira DFS

Meteoric Resources has unveiled a DFS for its Caldeir rare earth project in Brazil which has…