tiprankstipranks
BCI Minerals Advances Mardie Project with Key Milestones
Company Announcements

BCI Minerals Advances Mardie Project with Key Milestones

BCI Minerals Ltd (AU:BCI) has released an update.

Don't Miss our Black Friday Offers:

BCI Minerals Ltd has marked significant progress in the September 2024 quarter by commencing salt production operations at its Mardie Project, backed by financial closure on its $981 million project finance facilities. The company has also signed a strategic agreement with China’s Befar Group for salt supply and received an initial $26 million from the sale of its Iron Valley assets. With construction over 50% complete, BCI is on track to ship its first salt by Q2 FY27.

For further insights into AU:BCI stock, check out TipRanks’ Stock Analysis page.

Related Articles
TipRanks Australian Auto-Generated NewsdeskBCI Minerals Gains Strong Shareholder Support at AGM
TipRanks Australian Auto-Generated NewsdeskBCI Minerals Advances Mardie Project, Boosts Market Value
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App