MEDIA RELEASE: BCI MINERALS RECEIVES FUNDS TO DELIVER AUSTRALIA’S LARGEST SALT PROJECT
- 04 February 2025
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First cash draw down of $66 million from $981 million project finance debt facility received
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Bank guarantees totalling $68 million issued from the facility in December 2024 quarter
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This facility funds the completion of construction and working capital through ramp up at the Pilbara-based Mardie Project
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NAIF’s commitment is $490 million, marking the largest funding allocation for a WA-based Project and the second largest in Australia
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The Mardie salt first Project is expected to contribute $4.8 billion to Australia’s GDP and create more than 1,000 jobs over its lifetime1.
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Construction of the salt-first component is over 56 per cent complete and on budget•First salt on ship on target for Q2 FY27
Salt of the Earth: Karen Frehill
- 03 December 2024
Life’s journey is often more about the twists and turns than the final destination, and that couldn’t be truer for Karen Frehill.
Salt of the Earth: Scott Sanders
- 30 October 2024
With health and safety at the heart of all BCI Minerals’ activities, team members like Scott Sanders are invaluable in ensuring our team, contractors and visitors return home safely every day.
BCI Minerals teams up with Parabellum to care for our people
- 07 October 2024
Ensuring a safe workplace is pivotal in driving progress at the Mardie Salt and Potash Project.
Since February this year, BCI Minerals has partnered with Parabellum International to ensure there is prompt medical and emergency response services on site.