The latest announcement is out from BCI Minerals Ltd ( (AU:BCI) ).
BCI Minerals Ltd has received approval from the Western Australian Department of Water and Environmental Regulation for the second phase of its Groundwater Monitoring and Management Plan at the Mardie Salt and Potash Project. This approval is a crucial step towards commencing full production, with the company now awaiting final approval from the Commonwealth Department of Climate Change, Energy, the Environment and Water. This development is expected to support BCI’s goal of achieving first salt on ship by the second quarter of fiscal year 2027, marking significant progress in their project timeline.
More about BCI Minerals Ltd
BCI Minerals Ltd is a company operating in the mining industry, primarily focusing on the production of salt and potash. The company is engaged in the development of the Mardie Salt and Potash Project in Western Australia, aiming to become a significant player in the salt and potash markets.
YTD Price Performance: 4.00%
Average Trading Volume: 10,000
Technical Sentiment Consensus Rating: Strong Buy
Current Market Cap: $446.2M
See more data about BCI stock on TipRanks’ Stock Analysis page.