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The latest update is out from BCI Minerals Ltd ( (AU:BCI) ).
BCI Minerals has secured all primary environmental approvals from both the Commonwealth and Western Australian governments to allow offshore placement of dredged material from its optimised dredging program at Cape Preston West Port, a critical step for constructing the berth pocket and navigation channel needed to load large ocean-going vessels with salt from the Mardie project. With these key regulatory milestones in place, the company can now finalise negotiations with its dredging contractor and update remaining management plans, keeping it on track to start dredging in April 2026 and targeting first salt shipments by the December 2026 quarter, which management says further de-risks the Mardie Salt Operation and supports its strategy to emerge as a major supplier to global industrial salt markets.
The most recent analyst rating on (AU:BCI) stock is a Hold with a A$0.50 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 Limited is an Australian resources company focused on developing the Mardie Salt Operation in Western Australia, aiming to become a significant low-cost producer of high-quality industrial salt for global markets. The company’s operations centre on marine infrastructure at Cape Preston West Port to facilitate the export of industrial salt via deep-sea, ocean-going vessels.
YTD Price Performance: 48.08%
Average Trading Volume: 610,418
Technical Sentiment Signal: Buy
Current Market Cap: A$1.11B
For detailed information about BCI stock, go to TipRanks’ Stock Analysis page.