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BCI Minerals Ltd ( (AU:BCI) ) has shared an announcement.
BCI Minerals has commissioned the brine channel and first crystalliser at its Mardie Salt Operation and Potash Project, successfully transferring high-density brine from pond 9 to begin forming a salt pavement ahead of harvesting. Brine levels and densities across ponds 1 to 9 are meeting operational targets, underscoring progress toward commercial-scale operations.
To underpin safe and predictable harvesting, the first crystallisers and brine channel have been sealed with liners, with lining of remaining crystallisers to occur progressively as the project ramps up. The company reports it remains on schedule and budget, maintaining its target to ship first salt in the December 2026 quarter, signalling steady advancement of this flagship development.
The most recent analyst rating on (AU:BCI) stock is a Sell with a A$0.38 price target. To see the full list of analyst forecasts on BCI Minerals Ltd stock, see the AU:BCI Stock Forecast page.
More about BCI Minerals Ltd
BCI Minerals Ltd is an Australian resources company developing the Mardie Salt Operation and Potash Project, focused on producing high-purity salt and potash through large-scale solar evaporation on the Pilbara coast. The company targets export markets for industrial and chemical-grade salt, aiming to become a significant long-term supplier into Asian and global supply chains.
Average Trading Volume: 1,106,588
Technical Sentiment Signal: Buy
Current Market Cap: A$1.12B
Find detailed analytics on BCI stock on TipRanks’ Stock Analysis page.